https://www.taxtmi.com/caselaws?id=368024 Entitlement to deduction under Section 80IA depends on the claimant being the eligible owner or operator of the power generating facility on a proper reading of the contract and surrounding facts. On the material examined, the assessee was treated as only a maintenance contractor performing work for a fee, while the plant belonged to the generating company. The agreement, shareholding pattern, accounts and related material showed that the assessee acted on behalf of the owner and did not own the plant. The reference to the Electricity Act definition of generating company did not assist the assessee, and the deduction was therefore not available. en-us Fri, 14 Sep 2018 00:00:00 +0530 Sat, 29 Sep 2018 06:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368024 Entitlement to deduction under Section 80IA depends on the claimant being the eligible owner or operator of the power generating facility on a proper reading of the contract and surrounding facts. On the material examined, the assessee was treated as only a maintenance contractor performing work for a fee, while the plant belonged to the generating company. The agreement, shareholding pattern, accounts and related material showed that the assessee acted on behalf of the owner and did not own the plant. The reference to the Electricity Act definition of generating company did not assist the assessee, and the deduction was therefore not available. Case-Laws Income Tax Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368024