https://www.taxtmi.com/caselaws?id=170315 The Tribunal held that the appellant's Container Freight Station (CFS) qualifies as an "inland port" under section 80 IA(4) of the Income Tax Act, allowing the claimed deduction of Rs. 21,07,13,675. The decision aligned with the Mumbai Special Bench ruling in a similar case, establishing that a CFS can be considered an inland port for tax deduction purposes. The appeal was allowed, overturning the Assessing Officer's denial of the deduction. en-us Fri, 31 Aug 2012 00:00:00 +0530 Thu, 21 May 2015 12:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170315 The Tribunal held that the appellant's Container Freight Station (CFS) qualifies as an "inland port" under section 80 IA(4) of the Income Tax Act, allowing the claimed deduction of Rs. 21,07,13,675. The decision aligned with the Mumbai Special Bench ruling in a similar case, establishing that a CFS can be considered an inland port for tax deduction purposes. The appeal was allowed, overturning the Assessing Officer's denial of the deduction. Case-Laws Income Tax Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170315