https://www.taxtmi.com/caselaws?id=750698 Captive power transfers may be valued using a reliable internal CUP based on the landed procurement cost from the State Electricity Board, supporting section 80IA relief and deletion of the related transfer-pricing adjustment. Unclaimed additional depreciation on machinery used for less than 180 days may be claimed in the succeeding year. Limestone-related compensation incurred in mining operations is revenue expenditure where it creates no enduring asset. Industrial promotion assistance and interest subsidies directed at industrial expansion are capital receipts under the purpose test. Exempt-income expenditure requires recomputation under section 14A and a corresponding book-profit adjustment, while leave encashment actually paid requires verification for allowance. en-us Tue, 16 Jan 2024 00:00:00 +0530 Wed, 27 Mar 2024 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750698 Captive power transfers may be valued using a reliable internal CUP based on the landed procurement cost from the State Electricity Board, supporting section 80IA relief and deletion of the related transfer-pricing adjustment. Unclaimed additional depreciation on machinery used for less than 180 days may be claimed in the succeeding year. Limestone-related compensation incurred in mining operations is revenue expenditure where it creates no enduring asset. Industrial promotion assistance and interest subsidies directed at industrial expansion are capital receipts under the purpose test. Exempt-income expenditure requires recomputation under section 14A and a corresponding book-profit adjustment, while leave encashment actually paid requires verification for allowance. Case-Laws Income Tax Tue, 16 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750698