https://www.taxtmi.com/circulars?id=52797 Eligibility for deduction under section 80-IA turns on whether an undertaking was formed by splitting or reconstruction and on the nature of any transfer. If operation and maintenance of an infrastructure facility or industrial park/SEZ is transferred to a transferee in accordance with the proviso, and the transfer is not by way of amalgamation or demerger, the transferee is eligible to claim the deduction for the unexpired period; however, transfers in a scheme of amalgamation or demerger on or after the specified date disqualify the amalgamated or resulting company. Profit of the transferee is to be computed under the applicable subsections for deduction calculation. en-us Tue, 06 May 2014 00:00:00 +0530 Thu, 08 May 2014 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52797 Eligibility for deduction under section 80-IA turns on whether an undertaking was formed by splitting or reconstruction and on the nature of any transfer. If operation and maintenance of an infrastructure facility or industrial park/SEZ is transferred to a transferee in accordance with the proviso, and the transfer is not by way of amalgamation or demerger, the transferee is eligible to claim the deduction for the unexpired period; however, transfers in a scheme of amalgamation or demerger on or after the specified date disqualify the amalgamated or resulting company. Profit of the transferee is to be computed under the applicable subsections for deduction calculation. Circulars Income Tax Tue, 06 May 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52797