https://www.taxtmi.com/caselaws?id=237124 The Tribunal dismissed the Revenue's appeal and affirmed the CIT(A)'s decision that the assessee is eligible for the deduction under section 80IA(4) of the Income Tax Act. The Tribunal held that the assessee qualifies as a developer of infrastructure facilities, emphasizing the legislative intent to encourage infrastructure development. This decision aligns with past judicial precedents supporting a liberal interpretation of tax incentive provisions to promote infrastructure growth. en-us Mon, 03 Oct 2011 00:00:00 +0530 Thu, 19 Sep 2013 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237124 The Tribunal dismissed the Revenue's appeal and affirmed the CIT(A)'s decision that the assessee is eligible for the deduction under section 80IA(4) of the Income Tax Act. The Tribunal held that the assessee qualifies as a developer of infrastructure facilities, emphasizing the legislative intent to encourage infrastructure development. This decision aligns with past judicial precedents supporting a liberal interpretation of tax incentive provisions to promote infrastructure growth. Case-Laws Income Tax Mon, 03 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237124