section 80IA

[jitendra jain]

dear team

want to know about section 80IA of income tax for road infrastructure projects.

in new budget it is still available. can a company incorporate in year 2025, April month can Availa this deductions of section 80IA

please suggest the latest law and the sunset date to avail the benefit of section 80IA

thanks & regards.

Jitendra Jain

9422727133

AI Summary

Section 80-IA sunset clause bars infrastructure deduction for projects commencing after the cut-off; consider capital expenditure deduction rules.
The statutory sunset clause enacted in Finance Act, 2016 excludes from the infrastructure deduction any undertaking that begins development or operation on or after the prescribed cut-off date; accordingly, a company incorporated in April 2025 would not qualify for the Section 80-IA deduction. As an alternative, the company may consider provisions that allow deduction of capital expenditure for specified businesses, subject to the conditions and eligibility rules governing such capital allowance provisions.