https://www.taxtmi.com/caselaws?id=441778 The tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)] decision, allowing the assessee's deduction under section 80IA(4)(i) for the CFS Uran division. The tribunal emphasized that the deduction is linked to the undertaking or enterprise and can be claimed by the transferee enterprise for the unexpired period if the infrastructure facility is transferred as per the specified conditions. The tribunal rejected the revenue's appeal, affirming the CIT(A)'s well-reasoned order based on a comprehensive analysis of the law, facts, and judicial precedents. en-us Mon, 20 Feb 2023 00:00:00 +0530 Wed, 16 Aug 2023 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441778 The tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)] decision, allowing the assessee's deduction under section 80IA(4)(i) for the CFS Uran division. The tribunal emphasized that the deduction is linked to the undertaking or enterprise and can be claimed by the transferee enterprise for the unexpired period if the infrastructure facility is transferred as per the specified conditions. The tribunal rejected the revenue's appeal, affirming the CIT(A)'s well-reasoned order based on a comprehensive analysis of the law, facts, and judicial precedents. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441778