GUJARAT POWER CORPORATION LIMITED-GPCL,,AHMEDABAD vs. THE ACIT, GANDHINAGAR CIRCLE, GANDHINAGAR

In the result, appeals filed by the Assessee are hereby allowed

disallowance u/s. 35E only on the ground that the assessee does not meet the parameters of eligibility prescribed within section 35E of the Act and the assessee also failed to commence the commercial production during the assessment year 2003-04. I.T.A Nos. 1860 to 1863/Ahd/2019 A.Y. 2003-04 to 2006-07 Page No 9 Gujarat Power Corporation Ltd. vs. ACIT