https://www.taxtmi.com/caselaws?id=445612 Section 263 revision was held unwarranted where the Assessing Officer had examined the eligibility of deduction under section 80IA(4), called for details, reviewed the concession agreement, and accepted the claim after enquiry. The revisionary view that the motor vehicle weighbridge and connected road were not part of the infrastructure facility was rejected because the facility was constructed under the toll-road concession and used to regulate heavy vehicles and collect tolls as part of the highway project. On those facts, the assessment was not erroneous, and the direction for de novo assessment could not stand. en-us Thu, 09 Nov 2023 00:00:00 +0530 Sat, 11 Nov 2023 08:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445612 Section 263 revision was held unwarranted where the Assessing Officer had examined the eligibility of deduction under section 80IA(4), called for details, reviewed the concession agreement, and accepted the claim after enquiry. The revisionary view that the motor vehicle weighbridge and connected road were not part of the infrastructure facility was rejected because the facility was constructed under the toll-road concession and used to regulate heavy vehicles and collect tolls as part of the highway project. On those facts, the assessment was not erroneous, and the direction for de novo assessment could not stand. Case-Laws Income Tax Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445612