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2014 (8) TMI 420 - HC - Income TaxCivil and labour construction - Whether the Tribunal was right in law in holding that the assessee engaged in the business of civil and labour construction was entitled to deduction u/s 32AB – Held that:- Following the decision in SA BUILDERS LTD. Versus COMMISSIONER OF INCOME-TAX (APPEALS) AND ANOTHER [2006 (12) TMI 76 - SUPREME COURT OF INDIA] - the deduction u/s 32AB was not automatic and was subject to various conditions laid down - whether the assessee fulfilled those conditions for claiming the deduction or not required examination into facts which were not on record - the assessee had not placed any material to show how the assessee is entitled to deduction - Decided in favour of Revenue.
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