https://www.taxtmi.com/caselaws?id=385012 The Tribunal upheld the assessee's allocation method of 10% husk consumption to the power plant, rejecting the AO's recalculated 55% allocation. It affirmed the deduction under Section 80IA based on the 10% allocation. The Tribunal did not find the maintenance of separate books of accounts or filing Form No. 10CCB as mandatory for claiming deductions under Section 80IA. The appeal by the Revenue was dismissed, and the CIT(A)'s order allowing the deduction was upheld. en-us Fri, 23 Aug 2019 00:00:00 +0530 Wed, 28 Aug 2019 07:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385012 The Tribunal upheld the assessee's allocation method of 10% husk consumption to the power plant, rejecting the AO's recalculated 55% allocation. It affirmed the deduction under Section 80IA based on the 10% allocation. The Tribunal did not find the maintenance of separate books of accounts or filing Form No. 10CCB as mandatory for claiming deductions under Section 80IA. The appeal by the Revenue was dismissed, and the CIT(A)'s order allowing the deduction was upheld. Case-Laws Income Tax Fri, 23 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385012