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2012 (8) TMI 893 - ITAT MUMBAIDeduction u/s. 80 IA (4) denied - whether the assessee is a “Port”, therefore, entitled to get deduction under section 80 IA (4)? - Held that:- As relying on All Cargo Global Logistics Ltd. & Others vs. DCIT [2012 (7) TMI 222 - ITAT MUMBAI(SB)] it has been held that container freight station is an “inland port” as it carries out the functions of warehousing, customer clearance and transportation of goods from its location to the port and vice versa by railways or by trucks and, therefore, its income is eligible for deduction under section 80 IA(4), thus as the assessee is an “inland port” hence, eligible for deduction under section 80 IA(4) of the Act. - Decided in favour of assesse.
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