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2016 (11) TMI 1693 - AT - Income TaxDeduction u/s 80IA(4) - profit from infrastructure development and their operation and maintenance activities - assessee-company is engaged in the business of development of various infrastructure facilities relating to water and sewage treatment and its operation and maintenance - HELD THAT:- As decided in own case [2013 (4) TMI 969 - ITAT AHMEDABAD] relying on decision of Hon’ble Bombay High Court in the case of ABG Heavy Industries [2010 (2) TMI 108 - BOMBAY HIGH COURT] as directly applicable on the assessee, wherein it was opined that the said assessee entered into a contract for supply, installation, testing, commissioning and maintenance of container handling cranes at JNPT for a term of 10 years whereafter the same would vest in the letter, is entitled for deduction u/s.80IA(4). This decision of the Hon’ble Court is directly applicable on the facts of the case. Thus as Respected Coordinate Bench has already granted the deduction claimed by the assessee, therefore for the years under consideration the assessee is entitled for the deduction u/s.80IA(4) - Decided in favour of assessee.
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