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2013 (7) TMI 83 - AT - Income TaxDeduction u/s. 80IA(4)(iii) of the IT Act – No valid approval as required u/s. 80IA – Held that:- Admitted fact that no approval for assessee's project – On date of application made by assessee, no scheme in operation under Industrial Park Policy, 2002 – 2002 scheme lapsed as it was ineffective – Benefit u/s. 80IA(4)(iii) could be availed only after approval by DIPP under scheme – Following the decision of Regency Soraj Infrastructures vs. Union of India & Ors. [2012 (4) TMI 331 - DELHI HIGH COURT] and SSPDL Ltd. vs. DCIT [2013 (7) TMI 18 - ITAT HYDERABAD], decided against the assessee.
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