https://www.taxtmi.com/caselaws?id=305968 Construction of road signages and foot over bridges, by itself, does not amount to development of an infrastructure facility in the nature of a road for section 80IA(4) of the Income-tax Act, 1961. The Tribunal followed earlier orders in the assessee's own case on identical facts and held that the profits from this activity were not eligible for the deduction. The issue was decided against the assessee and in favour of the Revenue, and the disallowance of the deduction was sustained. en-us Thu, 06 Apr 2017 00:00:00 +0530 Mon, 02 Jan 2023 21:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305968 Construction of road signages and foot over bridges, by itself, does not amount to development of an infrastructure facility in the nature of a road for section 80IA(4) of the Income-tax Act, 1961. The Tribunal followed earlier orders in the assessee's own case on identical facts and held that the profits from this activity were not eligible for the deduction. The issue was decided against the assessee and in favour of the Revenue, and the disallowance of the deduction was sustained. Case-Laws Income Tax Thu, 06 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305968