Deduction u/s. 80-IA(4)(iv)(c) is available in respect of capital work-in-progress

IN THE ITAT BANGALORE BENCH ‘A’ Bangalore Electric Supply Co. Ltd. versus Deputy Commissioner of Income-tax, Circle 11(2), Bangalore IT Appeal No. 359 (Bang.) of 2009 [Assessment year 2005-06] Date of Pronouncement – July 4, 2012 ORDER N.V. Vasudevan, Judicial Member  This appeal by the assessee is against the order dated 10.02.2009 of the CIT(Appeals)-I, Bangalore relating to assessment year 2005-06. 2. The only issue that arises for consideration in this appeal is as to whether the assessee is entitled to claim deduction u/s. 80-IA(4)(iv)(c) of the Income-...