https://www.taxtmi.com/caselaws?id=403544 Section 80IA(4) deduction was upheld where the agreement with Bengaluru International Airport Limited satisfied the requirement of an agreement with a statutory body. Airport cargo handling formed part of airport infrastructure because the arrangement granted rights to design, construct, finance, test, commission, manage and operate the facility on a built, operate and transfer basis. The assessee was engaged in development, operation and maintenance rather than acting merely as a contractor. Concurrent factual findings on the infrastructure character of the activity were not disturbed absent perversity, and the substantial questions of law were answered against the revenue. en-us Mon, 25 Jan 2021 00:00:00 +0530 Sat, 30 Jan 2021 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403544 Section 80IA(4) deduction was upheld where the agreement with Bengaluru International Airport Limited satisfied the requirement of an agreement with a statutory body. Airport cargo handling formed part of airport infrastructure because the arrangement granted rights to design, construct, finance, test, commission, manage and operate the facility on a built, operate and transfer basis. The assessee was engaged in development, operation and maintenance rather than acting merely as a contractor. Concurrent factual findings on the infrastructure character of the activity were not disturbed absent perversity, and the substantial questions of law were answered against the revenue. Case-Laws Income Tax Mon, 25 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403544