https://www.taxtmi.com/caselaws?id=270326 The Tribunal ruled in favor of the assessee on certain issues such as the calculation of "Transfer Price of electricity" for deduction under section 80-IA and eligibility for deductions under sections 80-IA for captive power consumption, DG sets, and generation of steam. However, the Tribunal decided against the assessee on issues like the computation of deduction under section 80-IA by reducing prorated indirect expenses and disallowance of expenses incurred for earning exempt dividend income in computing Book Profit under section 115JB. The appeals of both parties were partly allowed based on legal interpretations and precedents. en-us Thu, 15 Oct 2015 00:00:00 +0530 Mon, 04 Jan 2016 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270326 The Tribunal ruled in favor of the assessee on certain issues such as the calculation of "Transfer Price of electricity" for deduction under section 80-IA and eligibility for deductions under sections 80-IA for captive power consumption, DG sets, and generation of steam. However, the Tribunal decided against the assessee on issues like the computation of deduction under section 80-IA by reducing prorated indirect expenses and disallowance of expenses incurred for earning exempt dividend income in computing Book Profit under section 115JB. The appeals of both parties were partly allowed based on legal interpretations and precedents. Case-Laws Income Tax Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270326