https://www.taxtmi.com/caselaws?id=341275 The Tribunal allowed the assessee's appeal regarding the denial of deduction under section 80-IA(4) of the Income Tax Act, 1961. The Tribunal held that the assessee, engaged in maintaining the cargo terminal at an airport, was eligible for the deduction as the facility qualified as an 'infrastructure facility.' It was determined that the agreement with GHIAL, authorized by the Government, was sufficient, and the assessee did not require a separate agreement with the Government. Therefore, the deduction under section 80-IA(4) was granted to the assessee. en-us Fri, 31 Mar 2017 00:00:00 +0530 Wed, 05 Apr 2017 07:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341275 The Tribunal allowed the assessee's appeal regarding the denial of deduction under section 80-IA(4) of the Income Tax Act, 1961. The Tribunal held that the assessee, engaged in maintaining the cargo terminal at an airport, was eligible for the deduction as the facility qualified as an 'infrastructure facility.' It was determined that the agreement with GHIAL, authorized by the Government, was sufficient, and the assessee did not require a separate agreement with the Government. Therefore, the deduction under section 80-IA(4) was granted to the assessee. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341275