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TMI Blog2018 (6) TMI 1577X X X X Extracts X X X X X X X X Extracts X X X X ..... ich, it had entered into an agreement with Gujarat State Road Development Corporation which was incorporated by the Government for the special purpose - HELD THAT:- As in AYs 2009-10, 2010-11 and 2011-12 [2018 (5) TMI 1174 - GUJARAT HIGH COURT] confirmed the orders passed by ITAT deleting disallowance and deduction made by the AO u/s 80IA(4) stating condition( b) of subsection (4) of section 80IA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... local or statutory authorities would frustrate. - Decided against revenue. X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 and 2011-12, the Division Bench of this Court vide order dated 02.05.2018 in Tax Appeal Nos.426, 427 and 433 of 2018, has dismissed the Tax Appeals preferred by the Revenue and confirmed the orders passed by the Income Tax Appellate Tribunal deleting disallowance and deduction made by the Assessing Officer under Section 80IA(4) of the Act. While dismissing the appeals, the Division Bench has obs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e infrastructure so developed would vest in the Government. Signatory to the applicant may be GSRDC for all practical purposes and in essence, it was the agreement between the assessee and the State Government. We are conscious that condition(b) of subsection (4) of section 80IA requires the assessee to have entered into agreement with the Central Government or a State Government or a local author ..... X X X X Extracts X X X X X X X X Extracts X X X X
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