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80 IA deduction Power sector

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(Querist)
03 January 2026 In case of transmission of electricity whether deduction on the basis of ROE can be claimed as no separate books are maintained for asset addition during the year.
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
04 January 2026 For the power transmission sector, deduction under Section 80-IA can validly be claimed on ROE-based profits, even if separate books for asset additions during the year are not maintained, provided the eligible business profits are reasonably identifiable, regulator-approved, audited, and consistently followed. The law requires auditability and correctness, not impractical asset-wise bookkeeping.
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