No Deduction U/S 80IA Without Agreement With Govt/Authority: ITAT Mumbai

DCIT Vs Gulermak TPL Joint Venture (ITAT Mumbai)

No deduction u/s 80IA in absence of agreement with Central Government/ State Government / Local Authority/Statutory Authority

Conclusion: Assessee-contractors were involved only in the execution of infrastructure projects which did not qualify for deduction under Section 80IA. The deduction was available to entities involved in developing, operating, and maintaining the infrastructure. Assessee did not fulfil the condition that the agreement had to be with Central Government/ State Government / Local Authority

Please become a Premium member. If you are already a Premium member, login here to access the full content.