{"id":45797,"date":"2024-09-07T21:00:03","date_gmt":"2024-09-07T15:30:03","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-jindal-steel-and-power-ltd-2009-180-taxman-543-2024460-itr-159-phhc-2\/"},"modified":"2024-09-07T21:00:03","modified_gmt":"2024-09-07T15:30:03","slug":"cit-v-jindal-steel-and-power-ltd-2009-180-taxman-543-2024460-itr-159-phhc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-jindal-steel-and-power-ltd-2009-180-taxman-543-2024460-itr-159-phhc-2\/","title":{"rendered":"CIT v. Jindal Steel and Power Ltd. [2009] 180 Taxman 543\/ (2024)460 ITR 159 (P&#038;H)(HC)"},"content":{"rendered":"<p>Held also, that the Tribunal was correct in deleting the disallowance made by the Assessing Officer pertaining to the exaggerated profit of the captive power generating unit by claiming a higher rate than the cost price or the market price charged by it on the supply of power made by it to a third party, i. e., State Electricity Board.(AY.2000-01)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.80IA: Industrial undertakings-Enterprises engaged in infrastructure development-Eligible profits-Captive power plant-Rate at  which power supplied to own unit-Market value of supply power to State Electricity Board.  <\/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-45797","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bUF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45797","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=45797"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45797\/revisions"}],"predecessor-version":[{"id":45798,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45797\/revisions\/45798"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}