{"id":45187,"date":"2024-08-16T07:42:26","date_gmt":"2024-08-16T02:12:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/tata-power-delhi-distribution-ltd-v-add-cit-2023108-itr-329-delhitrib\/"},"modified":"2024-08-16T07:42:26","modified_gmt":"2024-08-16T02:12:26","slug":"tata-power-delhi-distribution-ltd-v-add-cit-2023108-itr-329-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/tata-power-delhi-distribution-ltd-v-add-cit-2023108-itr-329-delhitrib\/","title":{"rendered":"Tata Power Delhi Distribution Ltd. v.Add. CIT (2023)108 ITR 329 (Delhi)(Trib.)"},"content":{"rendered":"<p>Held that on transfer of business the\u00a0 assessee\u00a0 is entitled to assured return of\u00a0 14 Per Cent. plus supply margin up to 2 Per Cent. per annum on commission approved equity subject to achievement of aggregate transmission and commercial loss reduction targets.\u00a0 In case of\u00a0 overachievement of aggregate transmission and commercial loss reduction targets assesse is\u00a0 entitled to retain portion of\u00a0 additional revenue realised. Derecognition of\u00a0 income pertaining to consumer\u2019s portion overachievement of minimum target or\u00a0 efficiency gain is\u00a0 not income of\u00a0 assessee.\u00a0 (AY.2011-12, 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business income \u2014 Transfer of business-Derecognition of  income pertaining to consumer\u2019s portion overachievement of  minimum target of  efficiency gain \u2014 Not income.[S. 4]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-45187","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bKP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=45187"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45187\/revisions"}],"predecessor-version":[{"id":45188,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45187\/revisions\/45188"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}