https://www.taxtmi.com/caselaws?id=293544 Mining-related civil structures for water supply and drainage were treated as plant where they formed an integral part of the industrial process, so higher depreciation was allowed. Electrical installations directly supporting mining operations also qualified for the higher rate, while ordinary building-based installations were restricted to normal depreciation, requiring segregation on verification. Surcharge on delayed electricity bill payments was held to have accrued as income because the recovery mechanism removed real uncertainty. For section 80IA, the TPS-I expansion unit was treated as an eligible undertaking, but receipts such as handling charges, employee interest and miscellaneous income were excluded from eligible profits for lack of direct nexus, with related expenditure to be estimated. en-us Fri, 28 Apr 2017 00:00:00 +0530 Wed, 17 Feb 2021 21:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293544 Mining-related civil structures for water supply and drainage were treated as plant where they formed an integral part of the industrial process, so higher depreciation was allowed. Electrical installations directly supporting mining operations also qualified for the higher rate, while ordinary building-based installations were restricted to normal depreciation, requiring segregation on verification. Surcharge on delayed electricity bill payments was held to have accrued as income because the recovery mechanism removed real uncertainty. For section 80IA, the TPS-I expansion unit was treated as an eligible undertaking, but receipts such as handling charges, employee interest and miscellaneous income were excluded from eligible profits for lack of direct nexus, with related expenditure to be estimated. Case-Laws Income Tax Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293544