TaxTMI 
TaxTMI 
TaxTMI 
section 80IA
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....ection 80IA<br> Query (Issue) Started By: - jitendra jain Dated:- 27-5-2025 Last Reply Date:- 1-6-2025 Income Tax<br>Got 2 Replies<br>Income Tax<br>dear team want to know about section 80IA of income tax for road infrastructure projects. in new budget it is still available. can a company incorporate in year 2025, April month can Availa this deductions of section 80IA please suggest the latest l....
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....aw and the sunset date to avail the benefit of section 80IA thanks & regards. Jitendra Jain 9422727133 Reply By YAGAY andSUN: The Reply: Section 80-IA of the Income-tax Act, 1961, provides for a deduction in respect of profits and gains derived by an undertaking or enterprise from the business of developing, operating and maintaining, or developing and maintaining any infrastructure facility,....
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.... including road infrastructure. However, pursuant to the amendment brought by the Finance Act, 2016, the deduction under this section is not available to any enterprise or undertaking which begins the development or operation of the infrastructure facility on or after the 1st day of April, 2017. This sunset clause has been conclusively enforced, and no extension has been provided under subsequent ....
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....Finance Acts or Union Budgets as of the financial year 2025-26. Accordingly, a company incorporated in April 2025, which proposes to undertake road infrastructure development, shall not be entitled to claim deduction under Section 80-IA, as the commencement of the eligible activity falls outside the prescribed cut-off date. Such a company may, however, explore alternate provisions such as Section....
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.... 35AD of the Act, subject to fulfillment of the conditions laid down therein, which provides for deduction of capital expenditure in respect of specified businesses, including infrastructure facilities. Reply By jitendra jain: The Reply: respected sir Thanks for quick reply and guidance about section 80IA of income tax act. As you mention section 35AD will be applicable. in this section ....
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....how much depreciation we can take in the first year or how much deductions we can get with these sections. Our business profile is - A Pvt Ltd company incorporated in April 2025, work are infrastructure facility under PPP -public private partnership. this is way side amenity on Samrudhi express way (Nagpur Mumbai) contains food plaza, hotel, other public amenity, play area etc. our business....
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.... place is at washim district (Vidarbha) backward area of Maharashtra. please guide in this matter... thanks & regards jitendra jain <br> Discussion Forum - Knowledge Sharing ....