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2015 (6) TMI 491 - ITAT HYDERABADDeduction under S.80IA - CIT(A) allowed claim - Held that:- The learned CIT(A) after considering the submissions of the assessee and being made aware of the decision of the ITAT in assessee’s own case for the immediately preceding year correctly found that as far as the bridge project is concerned, the Income Tax Appellate Tribunal in assessment years 2009-10 and 2010- 11 has held the assessee as eligible for deduction under S.80IA(4). Accordingly, following the decision of the Tribunal in assessee’s own case, she allowed the assessee’s claim of deduction under S.80IA on the bridge project. As far as the road work is concerned, the learned CIT(A) also followed the principles laid down by the ITAT in assessment years 2009-10 and 2010-11 in assessee’s own cases and allowed the assessee’s claim of deduction o the effect that the assessee has undertaken the risks and liabilities itself in executing the infrastructure project, we are of the view that the conclusion drawn by the learned CIT(A) deserves to be upheld. - Decided against revenue.
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