https://www.taxtmi.com/caselaws?id=795813 Binding jurisdictional precedent required electricity transferred from captive power units to be benchmarked at the State Electricity Board supply rate, as exchange-traded short-term power was not materially comparable; the electricity adjustment was deleted. Steam had commercial value and could not be valued at nil; prior accepted cost-based valuation required deletion of the adjustment. LIBOR applied to foreign-currency loans, and the interest adjustment fell within the statutory tolerance range, so it was deleted. Hybrid-seed pricing required fresh transactional TNMM analysis after considering extraordinary conditions. Building-sale treatment and tax, MAT-credit, TCS-credit and demand computations required verification and rectification. en-us Fri, 03 Jul 2026 00:00:00 +0530 Tue, 28 Jul 2026 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795813 Binding jurisdictional precedent required electricity transferred from captive power units to be benchmarked at the State Electricity Board supply rate, as exchange-traded short-term power was not materially comparable; the electricity adjustment was deleted. Steam had commercial value and could not be valued at nil; prior accepted cost-based valuation required deletion of the adjustment. LIBOR applied to foreign-currency loans, and the interest adjustment fell within the statutory tolerance range, so it was deleted. Hybrid-seed pricing required fresh transactional TNMM analysis after considering extraordinary conditions. Building-sale treatment and tax, MAT-credit, TCS-credit and demand computations required verification and rectification. Case-Laws Income Tax Fri, 03 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795813