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Case Law Details

Case Name : JCIT Vs Premier Mills Pvt. Ltd. (ITAT Chennai)
Related Assessment Year : 2017-18
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JCIT Vs Premier Mills Pvt. Ltd. (ITAT Chennai)

Market Value for 80-IA Captive Power Must Be SEB’s Consumer Tariff—Jindal Steel Applies Even After Amendment; ALP Cannot Replace Market Price

The Revenue filed appeals for AYs 2017-18 & 2018-19 against the CIT(A)’s orders allowing Premier Mills’ claim of deduction u/s 80-IA for its captive wind energy unit, following the Supreme Court ruling in Jind

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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