https://www.taxtmi.com/caselaws?id=277971 The Tribunal dismissed both appeals by the revenue, upholding the CIT(A)'s orders. It affirmed that captive consumption of power qualifies for deduction under Section 80IA, the rate charged by the Electricity Board can be used for valuing internally consumed electricity, and steam qualifies as a form of power for Section 80IA deduction purposes. en-us Fri, 30 Jan 2015 00:00:00 +0530 Thu, 03 Jan 2019 06:18:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277971 The Tribunal dismissed both appeals by the revenue, upholding the CIT(A)'s orders. It affirmed that captive consumption of power qualifies for deduction under Section 80IA, the rate charged by the Electricity Board can be used for valuing internally consumed electricity, and steam qualifies as a form of power for Section 80IA deduction purposes. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277971