ITAT Allows Section 80IA Deduction Because JV Was Only a Pass-Through Entity

ACIT Vs Navayuga Engineering Company Limited (ITAT Hyderabad) Infrastructure Developer Eligible for Section 80IA Benefit Despite Government Contract Being Signed by Consortium; Section 80IA Deduction Cannot Be Denied Merely Because Agreement Was Executed Through JV; ITAT Rejects Revenue’s Works Contract Objection Because Assessee Acted as Developer; Constituent Members Executing Infrastructure Projects Through Consortium Entitled to Section 80IA Relief. The appeals before the Income Tax Appellate Tribunal (ITAT), Hyderabad, were filed by the Revenue against the orders of the Commissioner of ...