Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (9) TMI 798 - AT - Income TaxDisallowance of the deduction u/s 80IA - assessee was awarded a project by CIDCO to construct a parking lot called truck terminal having facilities on BOT basis - HELD THAT:- As decided in M/S. THAKUR INFRAPROJECTS PVT. LTD. VERSUS DCIT-PANVEL CIRCLE, RAIGAD [2021 (1) TMI 1154 - ITAT MUMBAI] disallowance of claim of deduction u/s 80IA in respect of parking slot which was constructed under agreement with CIDCO. Accordingly, we are inclined to set aside the order of Ld. CIT(A) and direct the AO to allow the deduction under section 80IA in respect of the parking facility. Appeal of the assessee is allowed.
|