https://www.taxtmi.com/caselaws?id=272837 A BOT infrastructure concession routed through GSRDC qualified for deduction under section 80IA(4)(i)(b) because the project was part of a Government-approved scheme, the State had allotted land and authorised toll collection, and GSRDC operated as a Government agency under the Gujarat Infrastructure Development Act, 1999. Applying the settled tests for identifying an instrumentality or agency of the State, the arrangement was treated as an agreement with a governmental authority rather than a mere private contract. The statutory conditions for the deduction were therefore satisfied, and the disallowance was held unsustainable. en-us Fri, 27 Oct 2017 00:00:00 +0530 Thu, 14 Mar 2019 20:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272837 A BOT infrastructure concession routed through GSRDC qualified for deduction under section 80IA(4)(i)(b) because the project was part of a Government-approved scheme, the State had allotted land and authorised toll collection, and GSRDC operated as a Government agency under the Gujarat Infrastructure Development Act, 1999. Applying the settled tests for identifying an instrumentality or agency of the State, the arrangement was treated as an agreement with a governmental authority rather than a mere private contract. The statutory conditions for the deduction were therefore satisfied, and the disallowance was held unsustainable. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272837