Relief to Birla Corporation: ITAT allows Income Tax Deduction u/s 80IA for Thermal Power Plants [Read Order]

By Kalyani B. Nair - On December 15, 2022 4:05 pm - 2 mins read
Birla Corporation - ITAT - Income Tax Deduction - Thermal Power Plants - taxscan

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), allowed deduction under Section 80IAof the Income Tax Act, 1961 for thermal power plants thereby granting relief to Birla Corporation. The issue raised in the Departmentā€™s appeal relates to the assesseeā€™s, Birla Corporation Limited claim for deduction under section 80IA in respect of the thermal…

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