Deduction eligibility for operational hotels affirmed despite administrative delay in star classification, focusing on substantive compliance. The court addressed entitlement to a deduction under Section 35AD(5)(aa) where a hotel began operations and generated income in the relevant year and a ... Summary
Deduction eligibility for operational hotels affirmed despite administrative delay in star classification, focusing on substantive compliance.
The court addressed entitlement to a deduction under Section 35AD(5)(aa) where a hotel began operations and generated income in the relevant year and a timely application for star classification was submitted, but formal certification was delayed due to administrative inspections; the court applied a purposive construction to allow the deduction when substantive operational conditions were satisfied and delay was not the assessee's fault.
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