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I have read in a book written by Sri Narayan Jain & Dilip Loyalka by name "How to Handle Income Tax Problems" 18th Edition (Page Nos 932 & 933) in which it was mentioned that Profits from business of generation or generation and distribution of power is taxable with effect from 2007-08.  As per 115JB all companies are subject to MAT.  Could any one please let me know any case law for the above