https://www.taxtmi.com/caselaws?id=792117 Generation Based Incentive received under a Government scheme was treated as profits derived from the eligible wind power business for deduction under section 80-IA because the receipt was quantified with reference to electricity generated and fed into the grid and was inseparably linked to the core power generation activity. The fact that the incentive was paid under a Government scheme did not break the nexus, and the condition regarding foregoing accelerated depreciation was treated as a regulatory condition only. The Tribunal therefore held the incentive eligible for deduction and deleted the disallowance. en-us Thu, 16 Apr 2026 00:00:00 +0530 Sat, 23 May 2026 08:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792117 Generation Based Incentive received under a Government scheme was treated as profits derived from the eligible wind power business for deduction under section 80-IA because the receipt was quantified with reference to electricity generated and fed into the grid and was inseparably linked to the core power generation activity. The fact that the incentive was paid under a Government scheme did not break the nexus, and the condition regarding foregoing accelerated depreciation was treated as a regulatory condition only. The Tribunal therefore held the incentive eligible for deduction and deleted the disallowance. Case-Laws Income Tax Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792117