https://www.taxtmi.com/article/detailed?id=8208 Full exemption of profits and gains is available for eligible power generation, transmission or distribution undertakings and qualifying renovation activities, subject to temporal and operational eligibility, exceptions for reconstruction and limited second hand machinery use, a ten year concessionary claim period within a prescribed block, restriction that deduction cannot exceed profits nor be claimed under other deduction provisions, and a mandatory chartered accountant audit report with separate accounts for each undertaking; works contract activities are excluded. en-us Tue, 16 Oct 2018 10:04:14 +0530 Tue, 16 Oct 2018 10:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8208 Full exemption of profits and gains is available for eligible power generation, transmission or distribution undertakings and qualifying renovation activities, subject to temporal and operational eligibility, exceptions for reconstruction and limited second hand machinery use, a ten year concessionary claim period within a prescribed block, restriction that deduction cannot exceed profits nor be claimed under other deduction provisions, and a mandatory chartered accountant audit report with separate accounts for each undertaking; works contract activities are excluded. Articles Income Tax Tue, 16 Oct 2018 10:04:14 +0530 https://www.taxtmi.com/article/detailed?id=8208