Effluent treatment infrastructure qualifies for tax deduction where ownership, contractual and operational conditions are satisfied. Effluent treatment and conveyance systems that treat industrial effluents to marine standards and convey them via onshore pipelines to sea qualify as a water treatment system and thus as an infrastructure facility under the statutory deduction regime. Enterprises developing, operating or maintaining such facilities are eligible for the deduction provided they satisfy the statutory ownership, contractual and operational commencement conditions and the prescribed consecutive year availability requirement.
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.
Effluent treatment infrastructure qualifies for tax deduction where ownership, contractual and operational conditions are satisfied.
Effluent treatment and conveyance systems that treat industrial effluents to marine standards and convey them via onshore pipelines to sea qualify as a water treatment system and thus as an infrastructure facility under the statutory deduction regime. Enterprises developing, operating or maintaining such facilities are eligible for the deduction provided they satisfy the statutory ownership, contractual and operational commencement conditions and the prescribed consecutive year availability requirement.
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