Adani Electricity Mumbai Ltd, part of the Adani Group, has planned to undertake capital expenditure of Rs.16,603 crore for the period FY20 to FY30, the integrated power utility said in a recent investor presentation.
The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on e-commerce platform, of Income tax Act, 1961.