Sec.80IA(infrastructure development)

[Guest]

Dear friends one of my client is in construction business and he is engaged in water supply projects.Does the said project qualify for deduction u/s 80IA . If, so on what basis, criteria if any and related case laws

[DR.MARIAPPAN GOVINDARAJAN]

Whether it will come under the definition of 'infrastructure'?

AI Summary

Infrastructure designation determines 80IA deduction eligibility for water supply projects; focus on whether water supply qualifies. Whether a construction enterprise engaged in water supply projects qualifies for deduction under section 80IA depends on whether the activity falls within the statutory concept of infrastructure, requiring analysis of the nature of the asset, mode of execution and applicable eligibility criteria and case law.