Search and seizure: abatement of earlier search bars use of prior seized material in later search-based assessments; relief limited to new documents f...
Page of 4814
Press 'Enter' after typing page number.
6601 to 6620 of 96262 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Deduction under section 80IA(4) was allowed because the railway signalling contracts involved design, drawings, procurement, fabrication, erection, installation and commissioning of infrastructure, followed by transfer to the Railway authorities. On that factual basis, the assessee was treated as a developer of an infrastructure facility and not as a mere works contractor, so the statutory conditions for the deduction were satisfied. The Tribunal also relied on binding earlier decisions in the assessee's own case and the jurisdictional High Court's affirmation on identical facts, holding that judicial consistency required the same relief to continue for the later year. The Revenue's appeal was dismissed.
Deduction under section 80IA(4) was allowed because the railway signalling contracts involved design, drawings, procurement, fabrication, erection, installation and commissioning of infrastructure, followed by transfer to the Railway authorities. On that factual basis, the assessee was treated as a developer of an infrastructure facility and not as a mere works contractor, so the statutory conditions for the deduction were satisfied. The Tribunal also relied on binding earlier decisions in the assessee's own case and the jurisdictional High Court's affirmation on identical facts, holding that judicial consistency required the same relief to continue for the later year. The Revenue's appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
