Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 1892 - AT - Income TaxDeduction u/s 80IA - AO observed that assessee is acting merely as a works contractor and therefore it is not entitled for deduction u/s 80IA - HELD THAT:- As decided in own case [2014 (1) TMI 1879 - ITAT KOLKATA] assessee has been paying VAT on the turnover in respect of various projects. The projects which have been undertaken by the assessee in West Bengal and Bihar are also such projects which are assessable under the relevant states VAT Laws In the circumstances we are of the view that the assessee is entitled to the benefit of deduction u/s 80IA(4) as claimed. - Decided in favour of assessee.
|