https://www.taxtmi.com/caselaws?id=447984 The Gujarat HC upheld ITAT's decision allowing deduction u/s 80IA(4) to an assessee engaged in infrastructure development. The court examined whether the assessee was a contractor or developer of infrastructure facilities. Based on contract terms including assessee's responsibility for entire investment, interim payments, security deposit, penalty provisions, material procurement, land acquisition, employment of engineers, and defect liability, both CIT(A) and ITAT concluded the assessee entered into infrastructure development agreement rather than works contract. The HC found no substantial question of law and confirmed the deduction was allowable. en-us Tue, 19 Dec 2023 00:00:00 +0530 Wed, 18 Mar 2026 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447984 The Gujarat HC upheld ITAT's decision allowing deduction u/s 80IA(4) to an assessee engaged in infrastructure development. The court examined whether the assessee was a contractor or developer of infrastructure facilities. Based on contract terms including assessee's responsibility for entire investment, interim payments, security deposit, penalty provisions, material procurement, land acquisition, employment of engineers, and defect liability, both CIT(A) and ITAT concluded the assessee entered into infrastructure development agreement rather than works contract. The HC found no substantial question of law and confirmed the deduction was allowable. Case-Laws Income Tax Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447984