https://www.taxtmi.com/caselaws?id=222128 The Court upheld the Commercial Tax Tribunal's decision, dismissing the revision and affirming the Tribunal's judgment on the tax exemption issue for the Assessment Year 2000-01. The Court found the respondent's claim for tax exemption on essential construction and operational items valid under Section 4-B(2) of the Act, emphasizing the items' significance in establishing and operating the plant effectively for electricity generation. The Assessing Officer's argument that the items were not substantially connected to electricity generation was deemed unsubstantiated by the Court. en-us Thu, 04 Apr 2013 00:00:00 +0530 Wed, 16 Jul 2014 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222128 The Court upheld the Commercial Tax Tribunal's decision, dismissing the revision and affirming the Tribunal's judgment on the tax exemption issue for the Assessment Year 2000-01. The Court found the respondent's claim for tax exemption on essential construction and operational items valid under Section 4-B(2) of the Act, emphasizing the items' significance in establishing and operating the plant effectively for electricity generation. The Assessing Officer's argument that the items were not substantially connected to electricity generation was deemed unsubstantiated by the Court. Case-Laws VAT and Sales Tax Thu, 04 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222128