https://www.taxtmi.com/caselaws?id=790622 Section 80-IA extends to an enterprise that substantially develops infrastructure facilities under EPC or turnkey arrangements and bears entrepreneurial and investment risk; it is not confined to cases of ownership or post-construction operation, and the mere label of works contractor is not ative where core development functions are performed. Additions based on alleged bogus purchases are unsustainable when they rest mainly on untested statements and presumptions and the assessee produces supporting purchase, transport, stock and banking records without contrary corroboration. Additions under section 69A for cash and unexplained receipts also fail where the nexus to the assessee is not established and the explanation is supported by documentary material. en-us Tue, 21 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790622 Section 80-IA extends to an enterprise that substantially develops infrastructure facilities under EPC or turnkey arrangements and bears entrepreneurial and investment risk; it is not confined to cases of ownership or post-construction operation, and the mere label of works contractor is not ative where core development functions are performed. Additions based on alleged bogus purchases are unsustainable when they rest mainly on untested statements and presumptions and the assessee produces supporting purchase, transport, stock and banking records without contrary corroboration. Additions under section 69A for cash and unexplained receipts also fail where the nexus to the assessee is not established and the explanation is supported by documentary material. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790622