https://www.taxtmi.com/caselaws?id=349624 The court upheld the deduction claim under Section 80IA(4) of the Income Tax Act for the transferor enterprise involved in infrastructure facility transfer. It clarified that the transferee enterprise could claim the deduction for the unexpired period during which the transferor would have been entitled to it if the transfer had not occurred. The court emphasized that the transferor would retain the deduction related to infrastructure development, while the transferee could claim deduction for maintenance and operation activities. The tax appeal was dismissed, affirming the deduction eligibility for the transferor despite the transfer of the facility. en-us Wed, 11 Oct 2017 00:00:00 +0530 Wed, 13 Dec 2017 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349624 The court upheld the deduction claim under Section 80IA(4) of the Income Tax Act for the transferor enterprise involved in infrastructure facility transfer. It clarified that the transferee enterprise could claim the deduction for the unexpired period during which the transferor would have been entitled to it if the transfer had not occurred. The court emphasized that the transferor would retain the deduction related to infrastructure development, while the transferee could claim deduction for maintenance and operation activities. The tax appeal was dismissed, affirming the deduction eligibility for the transferor despite the transfer of the facility. Case-Laws Income Tax Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349624