Infrastructure facility designation: multilevel computerised car parking receives tax-exempt status under specified income-tax provisions notification. Multilevel computerised car parking is designated as an infrastructure facility for income-tax purposes by formal notification of the Central Board of Direct Taxes, invoking explanatory provisions that bring such parking facilities within the tax-favourable classifications for exemption and deduction eligibility under the income-tax framework.
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.
Infrastructure facility designation: multilevel computerised car parking receives tax-exempt status under specified income-tax provisions notification.
Multilevel computerised car parking is designated as an infrastructure facility for income-tax purposes by formal notification of the Central Board of Direct Taxes, invoking explanatory provisions that bring such parking facilities within the tax-favourable classifications for exemption and deduction eligibility under the income-tax framework.
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