https://www.taxtmi.com/caselaws?id=466886 Reliance on undisclosed third party statements and failure to afford cross examination breaches natural justice and cannot sustain income tax additions, so the contested addition and denial of business loss were deleted. Separately, deduction under section 80IA(4) read with section 80IA(5) must be computed unit wise, treating each windmill/solar plant as an independent eligible undertaking for deduction purposes; aggregation across separate units to deny deduction is not permissible where units maintain separate books and operations. The appellate deletion of both impugned additions was therefore upheld and the Revenue appeals dismissed. en-us Thu, 17 Oct 2024 00:00:00 +0530 Fri, 20 Feb 2026 14:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466886 Reliance on undisclosed third party statements and failure to afford cross examination breaches natural justice and cannot sustain income tax additions, so the contested addition and denial of business loss were deleted. Separately, deduction under section 80IA(4) read with section 80IA(5) must be computed unit wise, treating each windmill/solar plant as an independent eligible undertaking for deduction purposes; aggregation across separate units to deny deduction is not permissible where units maintain separate books and operations. The appellate deletion of both impugned additions was therefore upheld and the Revenue appeals dismissed. Case-Laws Income Tax Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466886