https://www.taxtmi.com/caselaws?id=180703 The ITAT Pune allowed the appeals of the assessee regarding the deduction under section 80IA of the Income Tax Act for assessment years 2003-04 to 2006-07. The dispute centered on whether the contractor-cum-developer met the criteria for the deduction. Relying on a Bombay High Court judgment, the ITAT Pune held that the assessee, despite being a contractor, satisfied the conditions of section 80IA(4)(i) and was eligible for the deduction. The interpretation favored the assessee, emphasizing that developers not involved in operating and maintaining the infrastructure facility could still claim the deduction. en-us Tue, 27 Sep 2011 00:00:00 +0530 Thu, 21 Sep 2017 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180703 The ITAT Pune allowed the appeals of the assessee regarding the deduction under section 80IA of the Income Tax Act for assessment years 2003-04 to 2006-07. The dispute centered on whether the contractor-cum-developer met the criteria for the deduction. Relying on a Bombay High Court judgment, the ITAT Pune held that the assessee, despite being a contractor, satisfied the conditions of section 80IA(4)(i) and was eligible for the deduction. The interpretation favored the assessee, emphasizing that developers not involved in operating and maintaining the infrastructure facility could still claim the deduction. Case-Laws Income Tax Tue, 27 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180703