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2018 (6) TMI 511 - AT - Income TaxDenial of deduction u/s 80-IA (4) - assessee did not enter into an agreement with any government/statutory body which is a pre-requisite for claiming deduction - Held that:- Deduction is allowable not only for development of a infrastructure facility, but is also allowable in case of operating and maintaining or developing, operating and maintaining an infrastructure facility - 'Cargo facility' operated and maintained by the assessee is infrastructure facility eligible for deduction u/s 80IA(4). The assessee does not require a specific and independent agreement with the Government for claiming deduction under section 80IA(4) Thus following the decision of ITAT in assessee’s own case for AY 2012-13 [2017 (4) TMI 245 - ITAT HYDERABAD] we uphold the order of the CIT(A) in both the years under consideration and dismiss the grounds raised by the revenue in both the AYs under consideration - Decided in favor of assessee.
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