https://www.taxtmi.com/caselaws?id=785798 Deduction under section 80-IA turned on the market value of electricity used for inter-unit transfer valuation. The Tribunal held that the price derived from power sold to UPPCL did not represent the open market value of electricity and therefore could not be used by the AO to reduce the deduction claim. The Supreme Court noted that the issue was already covered by its decision in Jindal Steel Power Ltd. and connected matters against the Revenue, and the civil appeal was dismissed. en-us Wed, 28 Jan 2026 00:00:00 +0530 Sat, 31 Jan 2026 08:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785798 Deduction under section 80-IA turned on the market value of electricity used for inter-unit transfer valuation. The Tribunal held that the price derived from power sold to UPPCL did not represent the open market value of electricity and therefore could not be used by the AO to reduce the deduction claim. The Supreme Court noted that the issue was already covered by its decision in Jindal Steel Power Ltd. and connected matters against the Revenue, and the civil appeal was dismissed. Case-Laws Income Tax Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785798