Chhattisgarh HC Confirms ITAT's Ruling: No Deduction for Power Generation u/s 80IA of Income Tax Act 1956.

The HC of Chhattisgarh upheld the ITAT's decision to disallow the deduction under Section 80IA of the Income Tax Act, 1956, for the power generated by the Respondent. The court's decision relied on a precedent in a similar case, leading to the dismissal of the appeal.

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The High Court of Chhattisgarh upheld the order of the Income Tax Appellate Tribunal regarding the disallowance of deduction under Section 80IA of the Income Tax Act, 1956 for power generated by the Respondent. The decision was based on a previous ruling in a similar case and the appeal was dismissed.

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