Court Rules on Section 80IB Tax Deduction for Windmill Power Used Internally: Captive Consumption Cost Must Be Calculated.

Court Rules on Section 80IB Tax Deduction for Windmill Power Used Internally: Captive Consumption Cost Must Be Calculated. https://www.taxtmi.com/highlights?id=20194 Claim of deduction u/s 80IB – income from power generated by the Wind Mill - captive consumption of the power generated by the assessee from its own power plant would enable the assessee to derive profits and gains by working out the cost of such consumption of power - HC en-us Mon, 29 Sep 2014 18:14:27 +0530 Mon, 29 Sep 2014 18:14:27 +0530 TaxTMI RSS Generator Court Rules on Section 80IB Tax Deduction for Windmill Power Used Internally: Captive Consumption Cost Must Be Calculated. https://www.taxtmi.com/highlights?id=20194 Claim of deduction u/s 80IB – income from power generated by the Wind Mill - captive consumption of the power generated by the assessee from its own power plant would enable the assessee to derive profits and gains by working out the cost of such consumption of power - HC Highlights Income Tax Mon, 29 Sep 2014 18:14:27 +0530 https://www.taxtmi.com/highlights?id=20194