Exclusion of new infrastructure enterprises: deduction under section 80-IA not available for those commencing development or O&M after the effective date. The amendment inserts a proviso excluding from the section 80-IA deduction any enterprise that starts the development or operation and maintenance of the infrastructure facility on or after the 1st day of April, 2017, thereby making deduction eligibility contingent on the commencement date of the infrastructure activity.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exclusion of new infrastructure enterprises: deduction under section 80-IA not available for those commencing development or O&M after the effective date.
The amendment inserts a proviso excluding from the section 80-IA deduction any enterprise that starts the development or operation and maintenance of the infrastructure facility on or after the 1st day of April, 2017, thereby making deduction eligibility contingent on the commencement date of the infrastructure activity.
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