Partnership Firm cannot claim deduction U/s 80IA

ITAT CHENNAI BENCH ‘B’ Eshwarnath Constructions versus Assistant Commissioner of Income-tax IT Appeal No. 185 (Mds.) of 2012 [ASSESSMENT YEAR 2008-09] Date of Pronouncement -15.01.2013 ORDER S.S. Godara, Judicial Member This assessee’s appeal arises from the order of the Commissioner of Income Tax (Appeals) XIII, Chennai dated 28.11.2011 in ITA No. 196/10-11 for the assessment year 2008-09, in proceedings under section 143(3) of the Income Tax Act, 1961 [in short the “Act”]. 2. Brief facts of the case are that the assessee is a partnership firm; ...