https://www.taxtmi.com/caselaws?id=298103 The Tribunal dismissed the revenue's appeal, confirming that Section 115JB of the Income-Tax Act does not apply to companies engaged in the generation and supply of electricity for AY 2011-12. The cross-objection filed by the assessee was partly allowed for statistical purposes, with the issue of classifying interest income and the corresponding eligibility for deduction under Section 80IA(4)(iv) being remanded to the AO for fresh consideration. en-us Fri, 06 Jul 2018 00:00:00 +0530 Sun, 10 Oct 2021 16:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298103 The Tribunal dismissed the revenue's appeal, confirming that Section 115JB of the Income-Tax Act does not apply to companies engaged in the generation and supply of electricity for AY 2011-12. The cross-objection filed by the assessee was partly allowed for statistical purposes, with the issue of classifying interest income and the corresponding eligibility for deduction under Section 80IA(4)(iv) being remanded to the AO for fresh consideration. Case-Laws Income Tax Fri, 06 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298103