https://www.taxtmi.com/caselaws?id=183166 The High Court dismissed the appeal under section 260A of the Income Tax Act, 1961, challenging the Income Tax Appellate Tribunal's decision for the assessment year 2000-01. The issue revolved around the allowance of the assessee's claim of profits from power generation for captive consumption while computing book profits under section 115JA. The Tribunal's reliance on a previous judgment where a similar claim was allowed for the assessment year 1997-98, coupled with the Revenue's unsuccessful appeal against that decision, led to the dismissal of the current appeal. en-us Fri, 21 Nov 2008 00:00:00 +0530 Tue, 31 May 2016 14:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183166 The High Court dismissed the appeal under section 260A of the Income Tax Act, 1961, challenging the Income Tax Appellate Tribunal's decision for the assessment year 2000-01. The issue revolved around the allowance of the assessee's claim of profits from power generation for captive consumption while computing book profits under section 115JA. The Tribunal's reliance on a previous judgment where a similar claim was allowed for the assessment year 1997-98, coupled with the Revenue's unsuccessful appeal against that decision, led to the dismissal of the current appeal. Case-Laws Income Tax Fri, 21 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183166