Development of infrastructure facility sufficient to claim deduction u/s. 80-IA(4) wef A.Y. 2002-03

IN THE ITAT INDORE BENCH Sanee Infrastructure (P.) Ltd. V/s. Assistant Commissioner of Income-tax IT APPEAL NO. 12 (IND.) OF 2011 [ASSESSMENT YEAR 2007-08] JUNE 8, 2012 ORDER R.C. Sharma, Accountant Member – This is an appeal by the assessee against the order of the learned CIT(A) dated 26.10.2009 for the assessment year 2007-08. 2. The only grievance of the assessee relates to decline of claim of deduction u/s 80IA of the Income Tax Act, 1961 in respect of Infrastructure Projects developed by the assessee. 3. Rival contentions have been heard and record perused. The fir...