https://www.taxtmi.com/caselaws?id=786494 Airport-linked fuel farm facilities can qualify as infrastructure facilities where they are integral and indispensable to airport operations and are developed under an authorised agreement with the airport entity; on that basis, deduction eligibility under the Income-tax Act was upheld and the objection that a direct government agreement was missing was rejected. Interest expenditure on hedge swap transactions was also allowed under the applicable interest deduction provision because the issue was covered by binding precedent. The court accordingly found no substantial question of law and affirmed the Tribunal's order in full. en-us Wed, 28 Jan 2026 00:00:00 +0530 Tue, 10 Feb 2026 17:14:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786494 Airport-linked fuel farm facilities can qualify as infrastructure facilities where they are integral and indispensable to airport operations and are developed under an authorised agreement with the airport entity; on that basis, deduction eligibility under the Income-tax Act was upheld and the objection that a direct government agreement was missing was rejected. Interest expenditure on hedge swap transactions was also allowed under the applicable interest deduction provision because the issue was covered by binding precedent. The court accordingly found no substantial question of law and affirmed the Tribunal's order in full. Case-Laws Income Tax Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786494