Computation of profit u/s 80IA - The tax component is very much ...

Electricity Sale Tax from Thermal Power Stations Counts as Income for Section 80IA Profit Calculation.

January 7, 2013

Case Laws Income Tax HC

Computation of profit u/s 80IA - The tax component is very much part of the sale of electricity from the Thermal Power Generating Stations and the mere fact that a component of the tariff makes a reference to the tax liability with reference to income streams mentioned in clause 6, it does not make such a component as not income to be excluded in considering the relief under Section 80IA/80IB. - HC

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Computation of profit u/s 80IA - The tax component is very much ...

Electricity Sale Tax from Thermal Power Stations Counts as Income for Section 80IA Profit Calculation.

January 7, 2013

Case Laws Income Tax HC

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