https://www.taxtmi.com/caselaws?id=462608 ITAT Hyderabad ruled on three issues involving an assessee's tax deductions. The tribunal held that deduction under section 80IA can be claimed in a revised return filed under section 139(5) if both original and revised returns were filed within prescribed time limits, as revised returns replace original returns. The tribunal confirmed the assessee qualified for section 80IA deduction as an infrastructure developer, not merely a works contractor, noting the AO's acknowledgment of the assessee's developer status. However, regarding belated PF and ESI payments, the tribunal ruled against the assessee, following SC precedent in Checkmate Services that employees' contributions must be paid by statutory due dates, not just before return filing deadlines. en-us Fri, 26 May 2023 00:00:00 +0530 Wed, 02 Jul 2025 16:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462608 ITAT Hyderabad ruled on three issues involving an assessee's tax deductions. The tribunal held that deduction under section 80IA can be claimed in a revised return filed under section 139(5) if both original and revised returns were filed within prescribed time limits, as revised returns replace original returns. The tribunal confirmed the assessee qualified for section 80IA deduction as an infrastructure developer, not merely a works contractor, noting the AO's acknowledgment of the assessee's developer status. However, regarding belated PF and ESI payments, the tribunal ruled against the assessee, following SC precedent in Checkmate Services that employees' contributions must be paid by statutory due dates, not just before return filing deadlines. Case-Laws Income Tax Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462608