https://www.taxtmi.com/acts?id=4313 Section 80IA grants a deduction for profits of an eligible business engaged in specified infrastructure and related activities, allowing one hundred per cent deduction of such profits for a prescribed number of consecutive assessment years chosen within statutory windows. Eligibility depends on ownership, commencement dates, and contractual arrangements with government/statutory bodies; exclusions apply for undertakings formed by splitting up or by transfer of previously used machinery subject to exceptions. Computation treats the eligible business as a separate source, requires market-value adjustments for intra-assessee transfers, mandates audit reports as a precondition for deduction, and empowers adjustments where related-party arrangements distort ordinary profits. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 12:48:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4313 Section 80IA grants a deduction for profits of an eligible business engaged in specified infrastructure and related activities, allowing one hundred per cent deduction of such profits for a prescribed number of consecutive assessment years chosen within statutory windows. Eligibility depends on ownership, commencement dates, and contractual arrangements with government/statutory bodies; exclusions apply for undertakings formed by splitting up or by transfer of previously used machinery subject to exceptions. Computation treats the eligible business as a separate source, requires market-value adjustments for intra-assessee transfers, mandates audit reports as a precondition for deduction, and empowers adjustments where related-party arrangements distort ordinary profits. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4313