Deduction under Section 80-IA(4) available even to contractor who merely develops but does not operate & maintain the infrastructure facility

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A” PUNE ITA Nos. 766/PN/09, 254/PN/08, 431/PN/07 & 435/PN/07 (A. Y. 2006-07, 2005-06, 2003-04, 2004-05) Laxmi Civil Engg. .P. Ltd. Vs Addl/ CIT Range-2 Kolhapur ORDER Per D. Karunakara Rao, AM: There are four appeals under consideration and the issue for adjudication is one and the same. At the very outset, the learned counsel for the assessee mentioned that the issue under consideration has to be decided in accordance with the modified ground raised by the assessee. The said modified ground which is common in all appe...