https://www.taxtmi.com/caselaws?id=764743 ITAT Mumbai allowed the assessee's claim for deduction under section 80IA. The AO had disallowed the deduction arguing that the assessee merely executed work contracts rather than developing new infrastructure facilities. The Tribunal held that an assessee cannot be denied section 80IA deduction solely because they entered into government contracts or received government payments for development work. The decision was supported by precedents including Adhunik Infrastructure and Montecarlo Construction Ltd. cases, with the Tribunal noting that facts were identical to prior years where deduction was allowed. en-us Tue, 14 Jan 2025 00:00:00 +0530 Thu, 16 Jan 2025 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764743 ITAT Mumbai allowed the assessee's claim for deduction under section 80IA. The AO had disallowed the deduction arguing that the assessee merely executed work contracts rather than developing new infrastructure facilities. The Tribunal held that an assessee cannot be denied section 80IA deduction solely because they entered into government contracts or received government payments for development work. The decision was supported by precedents including Adhunik Infrastructure and Montecarlo Construction Ltd. cases, with the Tribunal noting that facts were identical to prior years where deduction was allowed. Case-Laws Income Tax Tue, 14 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764743