https://www.taxtmi.com/caselaws?id=371516 An assessee engaged in infrastructure development was discussed as eligible for section 80IA deduction where it acted as a developer, used its own funds and expertise, bore entrepreneurial risk, and was not a mere works contractor; the same issue had earlier been accepted in its own case. The article also notes that several factual disallowances and additions, including depreciation on shuttering material, advance to a joint venture, work contract tax expenses, and sundry creditors, required fresh examination because the existing record was treated as incomplete or unverified. It further records that an additional Chapter VI-A deduction claim on enhanced income was considered consequential to the remanded issues. en-us Fri, 30 Nov 2018 00:00:00 +0530 Wed, 05 Dec 2018 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371516 An assessee engaged in infrastructure development was discussed as eligible for section 80IA deduction where it acted as a developer, used its own funds and expertise, bore entrepreneurial risk, and was not a mere works contractor; the same issue had earlier been accepted in its own case. The article also notes that several factual disallowances and additions, including depreciation on shuttering material, advance to a joint venture, work contract tax expenses, and sundry creditors, required fresh examination because the existing record was treated as incomplete or unverified. It further records that an additional Chapter VI-A deduction claim on enhanced income was considered consequential to the remanded issues. Case-Laws Income Tax Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371516