https://www.taxtmi.com/caselaws?id=757160 ITAT Mumbai denied Section 80IA deduction to assessee providing project advisory services to SPVs executing NHAI infrastructure contracts. Tribunal held SPVs were separate legal entities, not assessee's enterprise/undertaking, as they filed separate returns, assessee invoiced them with mark-up, and other consortium members also charged SPVs above cost. Assessee merely executed works contract for SPVs, making it ineligible for infrastructure deduction under Section 80IA. en-us Wed, 31 Jan 2024 00:00:00 +0530 Sat, 17 Aug 2024 08:03:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757160 ITAT Mumbai denied Section 80IA deduction to assessee providing project advisory services to SPVs executing NHAI infrastructure contracts. Tribunal held SPVs were separate legal entities, not assessee's enterprise/undertaking, as they filed separate returns, assessee invoiced them with mark-up, and other consortium members also charged SPVs above cost. Assessee merely executed works contract for SPVs, making it ineligible for infrastructure deduction under Section 80IA. Case-Laws Income Tax Wed, 31 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757160