https://www.taxtmi.com/caselaws?id=313257 The HC upheld the ITAT's decision, allowing the assessee's deduction claim under Section 80(1A)(4) for an infrastructure facility set up by Cochin Port Trust. The Court determined that the term "new" did not exclude existing facilities, provided they were operational by the requisite date, thus dismissing the Revenue's appeal. en-us Fri, 19 Mar 2010 00:00:00 +0530 Wed, 03 Apr 2024 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313257 The HC upheld the ITAT's decision, allowing the assessee's deduction claim under Section 80(1A)(4) for an infrastructure facility set up by Cochin Port Trust. The Court determined that the term "new" did not exclude existing facilities, provided they were operational by the requisite date, thus dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313257