Court Allows Taxpayer's Claim on Captive Power Plant Profits; Misapplication of 2 Paise Rate Corrected u/s 80-IA.

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....Deduction u/s 80-IA - captive power plant - scope of the word "derived from" - CIT(A) was right in granting part relief to the assessee but was not correct in confirming part addition considering the factum of 2 paise per unit for working out eligible profits u/s. 80IA of the Act. - Claim of the assessee allowed.....