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The India Cements Ltd., Chennai vs Dcit Corporate Circle 2(1), Chennai on 18 August

documents including Audit Report u/s.80IA (7) in respect of Captive Power Plant 1 & 2, Rail System, Water Supply and Treatment system along ... 80IA on account of income from Railway Siding, Water project and captive power consumption and committed an error in passing the Assessment Orders

Power plant and more than 51% consumption of electricity generated by the Power Plant and hence the Power Plant is a Captive Power Plant ... supply of power, the seller companies have power purchase agreements with Jindal Tractabel Power Company Limited, the predecessor of Jindal Power Company, which

allowability of the power charges of ₹ 35 lakhs paid to Keshav Power Limited, he held that the power plant could not have been ... Keshav Power Ltd are held to be unreasonable and excessive as no power could have been generated out of the said captive power plant prior

from captive source. 3) The above Regulations were also applicable to Captive Co- generation plants using fuel other than renewable source for power generation. Page ... Appellant has placed on record the current status of Captive Power Plants and Cogeneration Plant of the Appellant, which is as under: Page

relaxation in the norms of captive consumers of at lest 51% for being qualified as captive generating plant/captive power plant within the meaning ... captive users of the appellant, thereby resulting in the said captive users not being able to fulfill the 51% minimum captive power criteria

amounting to Rs.41,22,107/- on the Captive Power Generation Plant ("COGEN"). ii. The learned CIT(A) erred in fact ... profits of the captive power plants including the profits recomputed by substituting the price of the power consumed captively by other units of the company

that Jindal Power shall be allowed to draw power transmission lines from its existing power plant or from the proposed industrial power plant ... that Jindal Power has to secure license. Yet without securing the license Jindal Power commenced distribution of power. This attitude of Jindal Power has been

22nd September, 1998, awarded permission to it to set up a captive power generation plant of 6.4 mW. Pursuant to the permission granted ... Adjustment (FCA) Charges as applicable from time to time. Consumers having captive power plant synchronized with the Board's system shall pay demand charges

details of generation, auxiliary consumption and consumption by captive and non-captive users from all Captive Power Plants (CPPs) as the same ... which is claiming status of a captive user. The Appellant has 100% of the ownership of the Captive Power Plant and there is no issue