https://www.taxtmi.com/caselaws?id=188745 HC held that, for deduction u/s 80IA relating to a captive power plant (CPP) supplying electricity to the assessee's general unit, the "market value" under s.80IA(8) is the tariff at which the State Electricity Board supplies electricity to its consumers. The inclusion of electricity duty (8 paise per unit) in the rate of Rs. 5.40 per unit does not alter the market value, as the consumer's effective price is Rs. 5.40 and the subsequent statutory remittance to Government is irrelevant for determining market value. The Revenue's challenge to the assessee's computation on this ground was rejected, and the assessee's claim was upheld. en-us Tue, 22 Nov 2011 00:00:00 +0530 Wed, 03 Dec 2025 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188745 HC held that, for deduction u/s 80IA relating to a captive power plant (CPP) supplying electricity to the assessee's general unit, the "market value" under s.80IA(8) is the tariff at which the State Electricity Board supplies electricity to its consumers. The inclusion of electricity duty (8 paise per unit) in the rate of Rs. 5.40 per unit does not alter the market value, as the consumer's effective price is Rs. 5.40 and the subsequent statutory remittance to Government is irrelevant for determining market value. The Revenue's challenge to the assessee's computation on this ground was rejected, and the assessee's claim was upheld. Case-Laws Income Tax Tue, 22 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188745