https://www.taxtmi.com/caselaws?id=438195 The Tribunal upheld the CIT(A)'s decision in a tax case, allowing the deduction claimed under Section 80IA(4) and deleting the disallowance of business expenses. The Revenue's appeal was dismissed, confirming that the assessee's activities qualified for the deduction under Section 80IA(4) as an infrastructure facility. The Tribunal found no merit in the Revenue's arguments regarding the audit report filing and eligibility for deduction, stating that the audit report was filed timely and the deduction claim was valid. The decision was rendered on 15th May 2023. en-us Mon, 15 May 2023 00:00:00 +0530 Thu, 25 May 2023 09:13:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438195 The Tribunal upheld the CIT(A)'s decision in a tax case, allowing the deduction claimed under Section 80IA(4) and deleting the disallowance of business expenses. The Revenue's appeal was dismissed, confirming that the assessee's activities qualified for the deduction under Section 80IA(4) as an infrastructure facility. The Tribunal found no merit in the Revenue's arguments regarding the audit report filing and eligibility for deduction, stating that the audit report was filed timely and the deduction claim was valid. The decision was rendered on 15th May 2023. Case-Laws Income Tax Mon, 15 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438195