https://www.taxtmi.com/caselaws?id=340661 The tribunal ruled in favor of the assessee, determining that they qualified as a developer under section 80IA of the Income-tax Act. The tribunal overturned the CIT(A)'s decision, instructing the AO to grant the deduction. This decision was based on the assessee's substantial investment and risk in developing the infrastructure facility, aligning with the broader interpretation of "developer" to encompass entities undertaking entrepreneurial and investment risks. As a result, the assessee was deemed eligible for deductions under section 80IA for the assessment years 2005-06 and 2006-07. en-us Fri, 03 Feb 2017 00:00:00 +0530 Fri, 24 Mar 2017 12:42:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340661 The tribunal ruled in favor of the assessee, determining that they qualified as a developer under section 80IA of the Income-tax Act. The tribunal overturned the CIT(A)'s decision, instructing the AO to grant the deduction. This decision was based on the assessee's substantial investment and risk in developing the infrastructure facility, aligning with the broader interpretation of "developer" to encompass entities undertaking entrepreneurial and investment risks. As a result, the assessee was deemed eligible for deductions under section 80IA for the assessment years 2005-06 and 2006-07. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340661