Disallowance for Pension Bond Interest Remanded Due to Wrong ITR Reporting

Telangana Power Generation Corporation Limited Vs DCIT (ITAT Hyderabad)

Summary : In Telangana Power Generation Corporation Limited vs DCIT (ITAT Hyderabad, order dated 25 July 2025), the Tribunal dealt with the appeal filed by the assessee, a government undertaking engaged in electricity generation, against the order dated 18 June 2024 passed by the CIT(A)-5, Mumbai for Assessment Year (A.Y.) 2021–22. The appeal arose from disallowances made under Section 143(1) of the Income Tax Act, 1961, by the CPC Bengaluru, including (i) Rs. 59.11 lakh towards empl

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