Home / 
Maruti Udyog's Power Rate Not Market Standard; No Section 80IA Deduction Due to Loss in Generation Unit.
X X X X Extracts X X X X
X X X X Extracts X X X X
....The rate at which Maruti Udyog Limited is claimed to supply the power to its AE cannot be said to be the market rate of the power in that area - There was a loss in the power generation undertaking of the assessee and therefore, there was no eligible profit for allowing deduction under Section 80IA - AT....
TaxTMI