https://www.taxtmi.com/caselaws?id=211207 Dispute concerned entitlement to a deduction for infrastructure undertakings where contracts were bid by a joint venture and a consortium but executed by constituent members. The Tribunal applied substance-over-form reasoning, treating the JV/consortium as paper/artificial bidding vehicles and the actual executing constituents as the enterprises carrying on the classified business; the fact that the JV/consortium neither reported profits nor claimed the deduction supported this view. Applying precedent that benefits follow the enterprise that carried out the work, the Tribunal directed allowance of the deduction to the assessee who executed the works. en-us Thu, 14 Jul 2011 00:00:00 +0530 Sat, 14 Feb 2026 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211207 Dispute concerned entitlement to a deduction for infrastructure undertakings where contracts were bid by a joint venture and a consortium but executed by constituent members. The Tribunal applied substance-over-form reasoning, treating the JV/consortium as paper/artificial bidding vehicles and the actual executing constituents as the enterprises carrying on the classified business; the fact that the JV/consortium neither reported profits nor claimed the deduction supported this view. Applying precedent that benefits follow the enterprise that carried out the work, the Tribunal directed allowance of the deduction to the assessee who executed the works. Case-Laws Income Tax Thu, 14 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211207