Efficiency Gain from Electricity Charges Must Be Reduced in Profit and Loss Account Per Income Tax Regulations. https://www.taxtmi.com/highlights?id=42452 Accrual of income - efficiency gain - excess receipt towards electricity charges / tariff - the assessee is not free to use this efficiency gain amount the way it likes - they have rightly reduced the efficiency gain amount in their profit and loss account. en-us Sat, 03 Nov 2018 13:36:27 +0530 Sat, 03 Nov 2018 13:36:27 +0530 TaxTMI RSS Generator Efficiency Gain from Electricity Charges Must Be Reduced in Profit and Loss Account Per Income Tax Regulations. https://www.taxtmi.com/highlights?id=42452 Accrual of income - efficiency gain - excess receipt towards electricity charges / tariff - the assessee is not free to use this efficiency gain amount the way it likes - they have rightly reduced the efficiency gain amount in their profit and loss account. Highlights Income Tax Sat, 03 Nov 2018 13:36:27 +0530 https://www.taxtmi.com/highlights?id=42452