Court Rules on Section 80IB Tax Deduction for Windmill Power Used Internally: Captive Consumption Cost Must Be Calculated.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Claim of deduction u/s 80IB – income from power generated by the Wind Mill - captive consumption of the power generated by the assessee from its own power plant would enable the assessee to derive profits and gains by working out the cost of such consumption of power - HC....