https://www.taxtmi.com/caselaws?id=771379 The ITAT Chennai held that the assessee was eligible for deduction under Section 80IA(4) as an infrastructure developer, not merely a works contractor. The tribunal ruled that cumulative satisfaction of all conditions is not mandatory for Section 80IA eligibility, rejecting the Revenue's argument requiring income from operating infrastructure facilities. The assessee's extensive developmental works including canal excavation, bridge construction, and drainage systems across Tamil Nadu constituted full-fledged development responsibilities beyond mere contractual assignments. The deduction was allowed based on income recognition principles, and all Revenue grounds were dismissed. en-us Fri, 16 May 2025 00:00:00 +0530 Fri, 23 May 2025 17:20:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771379 The ITAT Chennai held that the assessee was eligible for deduction under Section 80IA(4) as an infrastructure developer, not merely a works contractor. The tribunal ruled that cumulative satisfaction of all conditions is not mandatory for Section 80IA eligibility, rejecting the Revenue's argument requiring income from operating infrastructure facilities. The assessee's extensive developmental works including canal excavation, bridge construction, and drainage systems across Tamil Nadu constituted full-fledged development responsibilities beyond mere contractual assignments. The deduction was allowed based on income recognition principles, and all Revenue grounds were dismissed. Case-Laws Income Tax Fri, 16 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771379