https://www.taxtmi.com/caselaws?id=188787 The court upheld the Tribunal's decisions in Tax Appeal Nos. 471, 473, and 474 of 2009, dismissing the appeals by the revenue. Issues regarding deduction of actual payment to ONGC, computation of deduction under section 80-HHC, allowance of deduction under section 80-IA(4) for power generation, and deductibility of provisions for meeting liabilities were all decided in favor of the assessee. The court's rulings were consistent with previous judgments and interpretations of relevant tax provisions, resulting in a favorable outcome for the assessee in all aspects. en-us Wed, 20 Jul 2016 00:00:00 +0530 Fri, 16 Dec 2016 14:59:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188787 The court upheld the Tribunal's decisions in Tax Appeal Nos. 471, 473, and 474 of 2009, dismissing the appeals by the revenue. Issues regarding deduction of actual payment to ONGC, computation of deduction under section 80-HHC, allowance of deduction under section 80-IA(4) for power generation, and deductibility of provisions for meeting liabilities were all decided in favor of the assessee. The court's rulings were consistent with previous judgments and interpretations of relevant tax provisions, resulting in a favorable outcome for the assessee in all aspects. Case-Laws Income Tax Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188787