https://www.taxtmi.com/caselaws?id=215951 The Tribunal granted partial relief to the assessee by allowing the deduction under Section 80IA(4) of the Income-tax Act, 1961, for engaging in infrastructure development activities. However, disallowances were upheld for interest on loans to subsidiaries, cash payments exceeding limits, property tax on collateral security, and expenditure on increasing share capital. The judgment highlighted the necessity of proving commercial expediency and complying with statutory requirements for claiming deductions. en-us Fri, 16 Mar 2012 00:00:00 +0530 Thu, 26 Feb 2026 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215951 The Tribunal granted partial relief to the assessee by allowing the deduction under Section 80IA(4) of the Income-tax Act, 1961, for engaging in infrastructure development activities. However, disallowances were upheld for interest on loans to subsidiaries, cash payments exceeding limits, property tax on collateral security, and expenditure on increasing share capital. The judgment highlighted the necessity of proving commercial expediency and complying with statutory requirements for claiming deductions. Case-Laws Income Tax Fri, 16 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215951