https://www.taxtmi.com/caselaws?id=753850 The ITAT Kolkata ruled in favor of the assessee regarding fresh claims for deduction under section 80IA(4) filed in returns pursuant to section 153A notices. The assessee timely filed required Form 10CCB electronically before the deadline. The tribunal held that deduction claims for assessment years following AY 2017-18 were admissible since the coordinate bench had already allowed similar claims for AY 2017-18 for the same projects. The tribunal also maintained the assessee's status as a Developer of Infrastructure facility rather than a Works Contractor, consistent with treatment in preceding years. All revenue grounds were dismissed. en-us Wed, 17 Jan 2024 00:00:00 +0530 Tue, 11 Jun 2024 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753850 The ITAT Kolkata ruled in favor of the assessee regarding fresh claims for deduction under section 80IA(4) filed in returns pursuant to section 153A notices. The assessee timely filed required Form 10CCB electronically before the deadline. The tribunal held that deduction claims for assessment years following AY 2017-18 were admissible since the coordinate bench had already allowed similar claims for AY 2017-18 for the same projects. The tribunal also maintained the assessee's status as a Developer of Infrastructure facility rather than a Works Contractor, consistent with treatment in preceding years. All revenue grounds were dismissed. Case-Laws Income Tax Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753850