https://www.taxtmi.com/caselaws?id=289122 The Tribunal upheld the CIT(A)'s decision allowing lease rental income from providing built-up lab space for industrial use to be eligible for deduction u/s 80IA of the Income Tax Act 1961. The Revenue's appeal challenging this decision was dismissed, citing precedent and finding no distinguishing features or arguments to warrant a different outcome. The activities of the assessee in providing infrastructure facilities for an industrial park were deemed to qualify for the deduction, leading to the affirmation of the CIT(A)'s findings. en-us Tue, 02 Apr 2013 00:00:00 +0530 Wed, 15 Jul 2020 15:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289122 The Tribunal upheld the CIT(A)'s decision allowing lease rental income from providing built-up lab space for industrial use to be eligible for deduction u/s 80IA of the Income Tax Act 1961. The Revenue's appeal challenging this decision was dismissed, citing precedent and finding no distinguishing features or arguments to warrant a different outcome. The activities of the assessee in providing infrastructure facilities for an industrial park were deemed to qualify for the deduction, leading to the affirmation of the CIT(A)'s findings. Case-Laws Income Tax Tue, 02 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289122