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Operating & Maintainig a captive power plant.

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(Querist)
03 December 2008 What is the law governing a captive power plant?

is there a guidance note or notification etc which prescribes the accounting policies to be adhered to by a company operating & maintaining a captive power plant, what if the power plant is one of the many divisions of the company.

A company availing deduction under 80 IA of the IT Act will still be required to pay MAT, what about the MAT credit treatment, what will be the MAT credit in such a case
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Rajdeep Pawar

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Rajdeep Pawar (Expert)
04 December 2008 Normal Treatment as given in Sec.115JAA.
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Taranjit Singh

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Taranjit Singh (Expert)
11 October 2009 s this old query still pending, plz send pm.
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