https://www.taxtmi.com/caselaws?id=788139 Whether an assessee executing works on hydro projects qualifies as a developer for deduction under Section 80-IA(4) turns on substantive incidence of risks, control, planning and investment rather than contractual labels. The Analysis applies the principle that bearing entrepreneurial, financial, geological and operational risks, undertaking design and execution decisions, deploying substantial machinery and personnel, and handing over the completed facility under the agreement indicate developer status; periodic payments or government ownership of land are not dispositive. Applying these factors, the assessee was held to qualify as a developer and entitled to the deduction claimed. en-us Wed, 11 Mar 2026 00:00:00 +0530 Mon, 13 Jul 2026 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788139 Whether an assessee executing works on hydro projects qualifies as a developer for deduction under Section 80-IA(4) turns on substantive incidence of risks, control, planning and investment rather than contractual labels. The Analysis applies the principle that bearing entrepreneurial, financial, geological and operational risks, undertaking design and execution decisions, deploying substantial machinery and personnel, and handing over the completed facility under the agreement indicate developer status; periodic payments or government ownership of land are not dispositive. Applying these factors, the assessee was held to qualify as a developer and entitled to the deduction claimed. Case-Laws Income Tax Wed, 11 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788139