https://www.taxtmi.com/caselaws?id=213351 The court concluded that Inland Container Depots (ICDs) qualify as "inland ports" under Section 80-IA of the Income Tax Act, 1961, due to their role in customs clearance and cargo handling. It upheld the validity of prior Central Board of Direct Taxes (CBDT) notifications even after the amendment removing the notification power. The appeals were allowed, directing the Assessing Officer to compute deductions based on specific notifications by the Customs Department for different ICDs, providing significant relief to the assessee. en-us Fri, 11 May 2012 00:00:00 +0530 Fri, 17 Aug 2012 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213351 The court concluded that Inland Container Depots (ICDs) qualify as "inland ports" under Section 80-IA of the Income Tax Act, 1961, due to their role in customs clearance and cargo handling. It upheld the validity of prior Central Board of Direct Taxes (CBDT) notifications even after the amendment removing the notification power. The appeals were allowed, directing the Assessing Officer to compute deductions based on specific notifications by the Customs Department for different ICDs, providing significant relief to the assessee. Case-Laws Income Tax Fri, 11 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213351