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2018 (6) TMI 1503 - AT - Income TaxEligibility for claim of deduction u/s 80IA - sale receipts of sludge/waste oil eligible for deduction - AO was of the view that sale receipts of sludge/waste oil is only incidental not derived from the business of the assessee - Held that:- Sludge/waste oil is bye-products which are used in the power generation, therefore, the same is part and parcel of business of the assessee and is eligible for deduction u/s 80IA of the Act. We find that similar issue has been decided by the coordinate bench of this Tribunal in assessee’s own case for AY 2010-11 [2015 (9) TMI 493 - ITAT HYDERABAD] we hold that the assessee is eligible for claim of deduction u/s 80IA. - Decided in favour of assessee.
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