https://www.taxtmi.com/caselaws?id=790338 Transfer price of captively consumed power for Section 80-IA was to be taken at the consumer tariff charged by the State Electricity Board, including electricity duty, and not at a reduced surplus-sale rate. Section 80-IA deduction did not require a reduction of profits when computing Section 80HHC benefits, and for MAT under Section 115JB the full profits eligible under Section 80HHC(3) could be excluded, without importing the phased restriction in Section 80HHC(1B). Sales tax remission for expansion in a backward area was treated as a capital receipt under the purpose test and, accordingly, was not includible in book profit under Section 115JB. en-us Tue, 21 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790338 Transfer price of captively consumed power for Section 80-IA was to be taken at the consumer tariff charged by the State Electricity Board, including electricity duty, and not at a reduced surplus-sale rate. Section 80-IA deduction did not require a reduction of profits when computing Section 80HHC benefits, and for MAT under Section 115JB the full profits eligible under Section 80HHC(3) could be excluded, without importing the phased restriction in Section 80HHC(1B). Sales tax remission for expansion in a backward area was treated as a capital receipt under the purpose test and, accordingly, was not includible in book profit under Section 115JB. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790338