https://www.taxtmi.com/caselaws?id=180777 The Tribunal allowed the assessee's appeal challenging the restriction of deduction under section 80IA for the Captive Power Generating Unit. It held that the market value for the purpose of section 80IA(8) should be the price at which electricity is sold to industrial consumers by the State Electricity Board, excluding additional charges. The AO was directed to recompute the deduction accordingly, and the appeal of the assessee was allowed. en-us Fri, 31 Aug 2012 00:00:00 +0530 Fri, 01 Apr 2016 14:23:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180777 The Tribunal allowed the assessee's appeal challenging the restriction of deduction under section 80IA for the Captive Power Generating Unit. It held that the market value for the purpose of section 80IA(8) should be the price at which electricity is sold to industrial consumers by the State Electricity Board, excluding additional charges. The AO was directed to recompute the deduction accordingly, and the appeal of the assessee was allowed. Case-Laws Income Tax Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180777