https://www.taxtmi.com/caselaws?id=392383 The Tribunal granted condonation of a 10-day delay in filing the appeal by the Revenue. The case centered on the eligibility of the assessee for deduction under Section 80IA of the Income Tax Act. The Tribunal determined that the assessee, engaged in water system development, was eligible for deduction for operational profits but not for profits from supplying and erecting units, as it acted as a works contractor, not a developer. The Tribunal partially allowed the Revenue's appeal and dismissed the Cross Objection of the assessee, ruling in favor of the assessee for operational profits but not for supply and erection activities. en-us Fri, 17 Jan 2020 00:00:00 +0530 Tue, 18 Feb 2020 21:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392383 The Tribunal granted condonation of a 10-day delay in filing the appeal by the Revenue. The case centered on the eligibility of the assessee for deduction under Section 80IA of the Income Tax Act. The Tribunal determined that the assessee, engaged in water system development, was eligible for deduction for operational profits but not for profits from supplying and erecting units, as it acted as a works contractor, not a developer. The Tribunal partially allowed the Revenue's appeal and dismissed the Cross Objection of the assessee, ruling in favor of the assessee for operational profits but not for supply and erection activities. Case-Laws Income Tax Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392383