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<h1>ITAT rules in favor of assessee in rebate dispute, clarifies compensation vs. penalty distinction</h1> The ITAT Madras allowed the assessee's appeal regarding the disallowance of rebate to Mysore Electricity Board, holding that the deduction from the bill ... - The ITAT Madras-A allowed the appeal of the assessee regarding disallowance of rebate to Mysore Electricity Board. The deduction from the bill was not considered a penalty but compensation for delayed supply. The ITAT also ruled that relief under s. 80J should not be restricted to the number of days the unit worked during the year.