https://www.taxtmi.com/caselaws?id=775301 The ITAT Delhi held that for transfer pricing under section 80IA, the market value of steam transferred from eligible to non-eligible units should be based on the rates charged by State Electricity Boards or distribution companies to end consumers. Since the appellant's steam-generated electricity was supplied internally and not sold externally, the price must reflect the regulated distribution rates, not an arbitrary internal transfer price. The AO was directed to recompute eligible profits accordingly. The appeal was partly allowed on this basis. en-us Fri, 27 Jun 2025 00:00:00 +0530 Wed, 23 Jul 2025 08:29:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775301 The ITAT Delhi held that for transfer pricing under section 80IA, the market value of steam transferred from eligible to non-eligible units should be based on the rates charged by State Electricity Boards or distribution companies to end consumers. Since the appellant's steam-generated electricity was supplied internally and not sold externally, the price must reflect the regulated distribution rates, not an arbitrary internal transfer price. The AO was directed to recompute eligible profits accordingly. The appeal was partly allowed on this basis. Case-Laws Income Tax Fri, 27 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775301