https://www.taxtmi.com/caselaws?id=369393 The Court set aside the disallowance of expenses claimed for wheeling and SLDC charges paid to HVPNL by a power distribution company. The matter was remanded to the Assessing Officer for reevaluation to determine the presence of human intervention in the services provided and consider the applicability of relevant provisions retrospectively. The Assessing Officer was directed to assess the income element in the transaction before passing a fresh order in accordance with the law. The appeal was disposed of accordingly, with the Court emphasizing the need to follow the Supreme Court's guidance on the matter. en-us Tue, 09 Oct 2018 00:00:00 +0530 Thu, 25 Oct 2018 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369393 The Court set aside the disallowance of expenses claimed for wheeling and SLDC charges paid to HVPNL by a power distribution company. The matter was remanded to the Assessing Officer for reevaluation to determine the presence of human intervention in the services provided and consider the applicability of relevant provisions retrospectively. The Assessing Officer was directed to assess the income element in the transaction before passing a fresh order in accordance with the law. The appeal was disposed of accordingly, with the Court emphasizing the need to follow the Supreme Court's guidance on the matter. Case-Laws Income Tax Tue, 09 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369393