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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IA(4) - Developer of works contractor - ...

September 8, 2023

Case Laws     Income Tax     AT

Deduction u/s 80IA(4) - Developer of works contractor - Disallowance of claim as no development of the infrastructure facility carried away - the assessee-company has undertaken substantial activities in respect of various projects awarded by various statutory bodies, which makes the assessee to qualify as a developer of Infra facility and to make claim necessary benefits under section 80IA(4) of the Act. - AT

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