https://www.taxtmi.com/caselaws?id=795210 For computing profits of a captive power-generation undertaking eligible for deduction under Section 80-IA(4), the market value of electricity transferred to the assessee's industrial units is the tariff charged by the electricity board to industrial consumers. The tariff for surplus electricity supplied by a generator to the board is subject to contractual and statutory constraints and does not reflect the price available to an industrial consumer in the open market. Accordingly, eligible profits are to be calculated using the consumer tariff benchmark rather than the surplus-power supply tariff. en-us Mon, 06 Jul 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795210 For computing profits of a captive power-generation undertaking eligible for deduction under Section 80-IA(4), the market value of electricity transferred to the assessee's industrial units is the tariff charged by the electricity board to industrial consumers. The tariff for surplus electricity supplied by a generator to the board is subject to contractual and statutory constraints and does not reflect the price available to an industrial consumer in the open market. Accordingly, eligible profits are to be calculated using the consumer tariff benchmark rather than the surplus-power supply tariff. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795210