Steam Qualifies as "Power" u/s 80IA(4) of Income Tax Act, Eligible for Tax Benefits on Energy Generation.

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....Deduction u/s 80IA(4) - The word “Power” should be understood in common parlance as “Energy”. “Energy” can be in any form being mechanical, electricity, wind or thermal. In such circumstances, the “steam” produced by the assessee can be termed as power and would qualify for the benefits available under Section 80IA(4) of the Act. - HC....