https://www.taxtmi.com/caselaws?id=188793 The Tribunal upheld the assessee's approach in calculating the market value of electricity generated, differing from the Assessing Officer's initial computation. The Tribunal's decision, based on comparing costs and market rates, emphasized the importance of accurate valuation for tax deduction purposes. The application of transfer pricing principles in determining eligible profits was crucial in the Tribunal's decision, ultimately leading to the dismissal of the Revenue's appeal. en-us Mon, 30 Jan 2012 00:00:00 +0530 Mon, 14 Aug 2017 19:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188793 The Tribunal upheld the assessee's approach in calculating the market value of electricity generated, differing from the Assessing Officer's initial computation. The Tribunal's decision, based on comparing costs and market rates, emphasized the importance of accurate valuation for tax deduction purposes. The application of transfer pricing principles in determining eligible profits was crucial in the Tribunal's decision, ultimately leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 30 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188793