https://www.taxtmi.com/caselaws?id=378240 The High Court upheld the Tribunal's decision, allowing the Assessee to claim a deduction under Section 80IA of the Income Tax Act. The Court found that the Assessee, recognized by the Railways, provided an "infrastructure facility" under an agreement with a company, meeting the conditions under the Proviso to Section 80IA(4). The Court held that the Proviso does not require a direct agreement with the specified authority, entitling the Assessee to the deduction. The Court dismissed the Revenue's appeal, ruling in favor of the Assessee and against the Revenue. en-us Tue, 12 Mar 2019 00:00:00 +0530 Tue, 23 Jul 2019 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378240 The High Court upheld the Tribunal's decision, allowing the Assessee to claim a deduction under Section 80IA of the Income Tax Act. The Court found that the Assessee, recognized by the Railways, provided an "infrastructure facility" under an agreement with a company, meeting the conditions under the Proviso to Section 80IA(4). The Court held that the Proviso does not require a direct agreement with the specified authority, entitling the Assessee to the deduction. The Court dismissed the Revenue's appeal, ruling in favor of the Assessee and against the Revenue. Case-Laws Income Tax Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378240