https://www.taxtmi.com/caselaws?id=264333 The Tribunal dismissed both appeals filed by the Revenue for A.Y. 2007-2008 and A.Y. 2008-2009. In the A.Y. 2007-2008 appeal, the deletion of the addition related to the valuation of banked energy units was upheld, as the method aligned with accounting standards and prior acceptance. The A.Y. 2008-2009 appeal was dismissed due to the low tax effect falling below the prescribed monetary limit under CBDT Instruction No.5 of 2014, aiming to reduce pending litigation with minimal tax impacts. en-us Fri, 28 Aug 2015 00:00:00 +0530 Wed, 23 Sep 2015 08:12:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264333 The Tribunal dismissed both appeals filed by the Revenue for A.Y. 2007-2008 and A.Y. 2008-2009. In the A.Y. 2007-2008 appeal, the deletion of the addition related to the valuation of banked energy units was upheld, as the method aligned with accounting standards and prior acceptance. The A.Y. 2008-2009 appeal was dismissed due to the low tax effect falling below the prescribed monetary limit under CBDT Instruction No.5 of 2014, aiming to reduce pending litigation with minimal tax impacts. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264333