https://www.taxtmi.com/caselaws?id=299194 The High Court of Calcutta examined the eligibility of bus shelters for deduction under section 80IA of the Income-tax Act, 1961. The court questioned the allowance of the deduction by the Income-tax Appellate Tribunal, indicating that bus shelters might not meet the criteria as infrastructural facilities. The court allowed an appeal for further consideration on this specific issue. Regarding the delay in tax deposit, the court found it to be a factual matter rather than a legal one, as the Act provides mechanisms for addressing late deposits. The court issued notices and procedural instructions to the parties for further proceedings. en-us Thu, 10 Dec 2009 00:00:00 +0530 Mon, 06 Dec 2021 14:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299194 The High Court of Calcutta examined the eligibility of bus shelters for deduction under section 80IA of the Income-tax Act, 1961. The court questioned the allowance of the deduction by the Income-tax Appellate Tribunal, indicating that bus shelters might not meet the criteria as infrastructural facilities. The court allowed an appeal for further consideration on this specific issue. Regarding the delay in tax deposit, the court found it to be a factual matter rather than a legal one, as the Act provides mechanisms for addressing late deposits. The court issued notices and procedural instructions to the parties for further proceedings. Case-Laws Income Tax Thu, 10 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299194