Developer engaged in development of infrastructure facility eligible to claim deduction u/s 80IA(4)

Akash Infra Projects P. Ltd. Vs ITO (ITAT Ahmedabad)

Held that merely because the assessee is referred as a contractor in the agreement, it doesn’t detract the assessee from the position of being a developer, nor will deprive the assessee from claiming deduction under Section 80IA(4) of the Act.

Facts-

Appellant is a private limited company engaged in the business of Infrastructure Development and filed its ROI declaring a total income of Rs. 5,18,334/- which was

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