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2019 (5) TMI 1328 - HC - Income TaxBenefit of deduction u/s 80IA - condition laid down in Section 80IA(4) - recognised as transferee or assignee of the principal contractor - HELD THAT:- Controversy involved in the present Appeal is covered by the Judgment of this court in the case of the same Assesse reported in M/S. CHETTINAD LIGNITE TRANSPORT SERVICES PRIVATE LIMITED [2019 (4) TMI 683 - MADRAS HIGH COURT] wherein this court has has held that the power generating companies are entitled to deduction u/s 80IA of the Act in different sub clauses viz., under Section 80IA(4)(iv) of the Act. Where there is no such Proviso, as is available in clause (i) of Section 80IA(4) of the Act, which deals with deduction to enterprise involved in developing, operating and maintaining the infrastructure facilities. We are, therefore, of the considered opinion that there is no merit in these appeals filed by the Revenue and the questions of law framed above deserve to be answered in favour of the Assessee and against the Revenue
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