https://www.taxtmi.com/caselaws?id=802390 For the section 80-IA deduction, captive power supplied to industrial units is valued at the rate charged to industrial consumers, rather than the generator's sale rate to a supplier. Common head-office expenses may be allocated by reference to fixed assets in a capital-intensive business, rather than profitability. An appellate authority may entertain a claim first raised during assessment even if it was not made in the return or a revised return. Merchandise export incentives are taxable as revenue receipts where their purpose is to offset export costs and improve competitiveness, and the rewards are freely usable rather than restricted to capital investment or expansion. en-us Fri, 11 Sep 2026 00:00:00 +0530 Thu, 05 Nov 2026 07:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802390 For the section 80-IA deduction, captive power supplied to industrial units is valued at the rate charged to industrial consumers, rather than the generator's sale rate to a supplier. Common head-office expenses may be allocated by reference to fixed assets in a capital-intensive business, rather than profitability. An appellate authority may entertain a claim first raised during assessment even if it was not made in the return or a revised return. Merchandise export incentives are taxable as revenue receipts where their purpose is to offset export costs and improve competitiveness, and the rewards are freely usable rather than restricted to capital investment or expansion. Case-Laws Income Tax Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802390