https://www.taxtmi.com/caselaws?id=796262 Internal CUP for captive power transfers may be based on the tariff paid by consuming units to State distribution companies where the electricity, market and period are identical. Section 14A interest disallowance does not arise where own interest-free funds exceed investments without a borrowing nexus, while administrative disallowance is limited to investments yielding exempt income; MAT requires separate identification of debited expenditure. Expansion operating costs may remain revenue expenditure, and technical-service pricing requires a prescribed transfer-pricing method. Captive rail systems and qualifying power undertakings may obtain section 80-IA relief, with nexus-based common-cost allocation. Industrial incentives linked to investment and expansion may be capital receipts and excluded from book profit where they lack income character. Actual write-off of qualifying trade debts supports bad-debt deduction. en-us Wed, 29 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796262 Internal CUP for captive power transfers may be based on the tariff paid by consuming units to State distribution companies where the electricity, market and period are identical. Section 14A interest disallowance does not arise where own interest-free funds exceed investments without a borrowing nexus, while administrative disallowance is limited to investments yielding exempt income; MAT requires separate identification of debited expenditure. Expansion operating costs may remain revenue expenditure, and technical-service pricing requires a prescribed transfer-pricing method. Captive rail systems and qualifying power undertakings may obtain section 80-IA relief, with nexus-based common-cost allocation. Industrial incentives linked to investment and expansion may be capital receipts and excluded from book profit where they lack income character. Actual write-off of qualifying trade debts supports bad-debt deduction. Case-Laws Income Tax Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796262