compass of material facts. The assessee tax deductor Maharastra State Electricity Board (MSEB, in short), on 21st June, 1993, entered into an agreement with ... availing certain 'legal advisory services'. These services were required by MSEB as it intended to enter into a power purchase agreement to purchase
loss/unabsorbed depreciation without appreciating that in
the case of MSEB, no loss or unabsorbed depreciation was
allowed to be carried forward in the final ... from 06.06.2005 after the
erstwhile Maharashtra State Electricity Board (for short 'MSEB')
trifurcated into 3 companies, viz Maharashtra State Power
Generation
Mseb Holding Co. Ltd.(Successor To ... vs Dcit 1 (2), Mumbai on 14 February, 2020
IN THE INCOME TAX APPELLATE TRIBUNAL
"B" BENCH ... Arising out of ITA no.1648/Mum./2010)
(Assessment Year : 2003-04)
MSEB Holding Co. Ltd.
(Successor to Maharashtra
State Electricity Board)
................ Appellant
Hong Kong
earlier years.
8.3. The Ld.AR of the appellant submitted that that MSEB is a statewide
organisation having big net work of number of offices ... each of these activities like construction,
Generation, transmission, distribution and maintenance, etc. MSEB has got a
number of zonal offices, section offices, etc. spread throughout
Mseb Holding Co. Ltd, Mumbai vs Dcit Cir 10(1), Mumbai on 22 June, 2018
IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCH ... MEMBER
ITA NO.3999/MUM/2016 (A.Y: 2011-12)
M/s. MSEB Holding Co. Ltd v. The Dy.CIT, Circle - 10(1)
Hongkong Bank
crores.
Brief Facts:
2.The Maharashtra State electricity Board (MSEB)was engaged in the business of generation,
transmission and distribution of power for the State ... Maharashtra. The MSEB w.e.f. 06. 06.
2005 was trifurcated into three companies viz. M.S.E. Generation Co. (MSEGC), M.S.E.
Transmission
heavy losses, the company approached the Maharashtra State Electricity Board (hereinafter called MSEB) for waiver/reduction of excess demand charges. The request was not accepted ... MSEB. However, nothing was conveyed to the assessee by the MSEB in writing though according to the assessee they had agreed in principle in July
farm from their respective WEG to the sub station of
MSEB for onward transmission and distribution through state of
Maharashtra. In respect of the said ... This regard on the letter dt.l9-10-2001 of the MSEB
regarding sanction for evacuation of power by erecting single bay
transmission line
successor companies to
the erstwhile Maharashtra State Electricity Board („MSEB') and was
formed in the previous year relevant to assessment year ... demerger / unbundling of the said MSEB. On the demerger / unbundling,
the assets of MSEB to the extent it pertained and were specifically
allocable
Acit, Cir-1(2)(1), Mumbai vs M/S. Mseb Holding Company Ltd., Mumbai on 30 October, 2023
IN THE INCOME TAX APPELLATE TRIBUNAL ... 2023
Assessment Year: 2010 -11)
ACIT Circle-1(2)(1), MSEB Holding Company Ltd.
Aayakar Bhavan, M.K. Road, 3rd & 4th Floor, Hsbc Building
