2010 (2) TMI 1313

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..... order passed by the Commissioner of Income-tax (Appeals) on 28.6.2006 in relation to the assessment year 2004-2005 granting deduction u/s.80-IA(4). 2. Briefly stated the facts of the case are that the assessee, a civil contractor, claimed deduction u/s.80-IA in respect of water supply project for Hyderabad Metropolitan Water Supply and Sewerage Board. The Assessing Officer did not accept the a .....

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..... feature in the facts of the case considered by the Larger Bench (supra) vis- -vis those of the instant case. Respectfully following the precedent we overturn the impugned order on this issue and restore the order of the A.O. It is, therefore, held that the assessee is not entitled to deduction u/s 80IA(4). 4. In the result, the appeal is allowed. Order pronounced on this 9th day of February, .....

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