Disallowance of deduction u/s 80-IA(8) - computation of the ...

Case Laws Income Tax

March 21, 2024

Disallowance of deduction u/s 80-IA(8) - computation of the market value or electricity - The High Court referred to a previous judgment and concluded that the market value of electricity supplied by the State Electricity Board to industrial consumers should be considered for computing the deduction under Section 80-IA of the Act. The ITAT's decision was upheld.

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Disallowance of deduction u/s 80-IA(8) - computation of the ...

Case Laws Income Tax

March 21, 2024

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