https://www.taxtmi.com/caselaws?id=180704 The Tribunal ruled in favor of the assessee, determining that they were eligible for deductions under section 80IA(4) of the Income Tax Act as they were engaged in developing infrastructure projects. The Tribunal emphasized that the amendments clarified that enterprises engaged in developing, operating, and maintaining infrastructure facilities are entitled to the deduction. The decision aligned with the legislative intent to promote private sector involvement in infrastructure development and provided clarity on the distinction between a "developer" and a "contractor" for the purposes of claiming deductions under section 80IA(4). en-us Thu, 01 Mar 2012 00:00:00 +0530 Fri, 28 Jul 2017 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180704 The Tribunal ruled in favor of the assessee, determining that they were eligible for deductions under section 80IA(4) of the Income Tax Act as they were engaged in developing infrastructure projects. The Tribunal emphasized that the amendments clarified that enterprises engaged in developing, operating, and maintaining infrastructure facilities are entitled to the deduction. The decision aligned with the legislative intent to promote private sector involvement in infrastructure development and provided clarity on the distinction between a "developer" and a "contractor" for the purposes of claiming deductions under section 80IA(4). Case-Laws Income Tax Thu, 01 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180704