Deduction u/s 80IA eligible to effluent water treatment plant

DCIT Vs Viral Alkalis Ltd (ITAT Mumbai) ITAT Mumbai held that effluent water treatment shall be considered as water treatment plant and accordingly, the same is eligible for deduction under section 80IA of the Income Tax Act. Facts- The assessee company is engaged in the business of treatment of effluent water sold waste and has received approval consent from Maharashtra Pollution Control Board vide letter dated 23/03/2007 for manufacture of 30 MT per month potassium carbonate by using waste water from Vinati Organics as raw material. The revised return of income filed on 19/02/2018. In the re...