https://www.taxtmi.com/caselaws?id=459179 ITAT Hyderabad upheld CIT(A)'s decision allowing Section 80IA(4) deduction for infrastructure projects executed by appellant as JV/Consortium partner, applying liberal interpretation of exemption provisions. Court restricted Section 14A disallowance to exempt income amount, following SC precedent. However, ITAT reversed CIT(A) regarding Section 36(1)(va) disallowance for belated PF contributions, upholding AO's addition for two payments made beyond due date, citing SC ruling in Checkmate Services case requiring strict compliance with payment timelines. en-us Wed, 25 Sep 2024 00:00:00 +0530 Tue, 03 Dec 2024 19:05:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459179 ITAT Hyderabad upheld CIT(A)'s decision allowing Section 80IA(4) deduction for infrastructure projects executed by appellant as JV/Consortium partner, applying liberal interpretation of exemption provisions. Court restricted Section 14A disallowance to exempt income amount, following SC precedent. However, ITAT reversed CIT(A) regarding Section 36(1)(va) disallowance for belated PF contributions, upholding AO's addition for two payments made beyond due date, citing SC ruling in Checkmate Services case requiring strict compliance with payment timelines. Case-Laws Income Tax Wed, 25 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459179