HomeDirect TaxElectricity Duty Must Be Included in S. 80-IA Valuation: Calcutta High Court

Electricity Duty Must Be Included in S. 80-IA Valuation: Calcutta High Court

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Calcutta High Court has held that electricity duty must be included in Section 80-IA of the Income Tax Act valuation. The bench of Justice Rajarshi Bharadwaj and Justice Uday Kumar has observed that once a receipt is characterized as capital in nature, it cannot be treated as income for MAT purposes unless specifically provided…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 10 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 10, 2026.GSTSUPREME COURT ASKS GSTAT PRESIDENT...

ITR Filing for Senior Citizens AY 2026-27

From revised tax slabs under the new regime to exemption from return filing for...

CSIR Promotion Dispute: Supreme Court Rejects Judicial Formula for Averaging Performance Scores

The Supreme Court has held that courts cannot substitute the assessment methodology adopted by...

CBI-DRI Joint Operation Busts Interstate Wildlife Trafficking Syndicate; 53 Protected Animals Rescued, Six Arrested

The Central Bureau of Investigation (CBI) and the Directorate of Revenue Intelligence (DRI), Mumbai,...

More like this

JURISHOUR | TAX LAW DAILY BULLETIN : 10 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 10, 2026.GSTSUPREME COURT ASKS GSTAT PRESIDENT...

ITR Filing for Senior Citizens AY 2026-27

From revised tax slabs under the new regime to exemption from return filing for...

CSIR Promotion Dispute: Supreme Court Rejects Judicial Formula for Averaging Performance Scores

The Supreme Court has held that courts cannot substitute the assessment methodology adopted by...