https://www.taxtmi.com/caselaws?id=790833 For captive electricity consumed internally by eligible power units, the market value for section 80IA computation is to be benchmarked at the consumer-side tariff charged by electricity distribution companies, not at a lower power-sale rate; the transfer pricing adjustment was therefore not sustainable. For section 14A read with Rule 8D, the disallowance is to be confined to investments that actually yielded exempt income and capped at the exempt income earned during the year, requiring recomputation on that restricted basis. en-us Wed, 08 Apr 2026 00:00:00 +0530 Fri, 01 May 2026 10:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790833 For captive electricity consumed internally by eligible power units, the market value for section 80IA computation is to be benchmarked at the consumer-side tariff charged by electricity distribution companies, not at a lower power-sale rate; the transfer pricing adjustment was therefore not sustainable. For section 14A read with Rule 8D, the disallowance is to be confined to investments that actually yielded exempt income and capped at the exempt income earned during the year, requiring recomputation on that restricted basis. Case-Laws Income Tax Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790833