https://www.taxtmi.com/manuals?id=1164 Section 138 of the Income Tax Act, 2025 preserves the deduction earlier available under section 80-IA of the Income Tax Act, 1961 for eligible infrastructure and allied businesses. The new provision applies only where the assessee was already entitled under the old section, the gross total income includes eligible profits, computation follows the earlier section, and the deduction is limited to the remaining eligible years. Separate reporting and prescribed audit documents are required for each undertaking claiming the deduction. en-us Tue, 15 Sep 2015 11:52:00 +0530 Thu, 02 Jul 2026 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1164 Section 138 of the Income Tax Act, 2025 preserves the deduction earlier available under section 80-IA of the Income Tax Act, 1961 for eligible infrastructure and allied businesses. The new provision applies only where the assessee was already entitled under the old section, the gross total income includes eligible profits, computation follows the earlier section, and the deduction is limited to the remaining eligible years. Separate reporting and prescribed audit documents are required for each undertaking claiming the deduction. Manuals Income Tax Tue, 15 Sep 2015 11:52:00 +0530 https://www.taxtmi.com/manuals?id=1164