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Past U/s 80-IA Relief Doesn’t Guarantee Deduction for New Projects
Case Law Details
- Case Name
- DCIT Vs Patil Construction And Infrastructure Limited (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2018-19
- Courts
- All ITAT, ITAT Mumbai
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DCIT Vs Patil Construction And Infrastructure Limited (ITAT Mumbai)
80-IA Claim Can’t Be Allowed Blindly Year After Year: ITAT Mumbai Remands Patil Construction’s Deduction Issue for Fresh Project-wise Verification
The Mumbai ITAT “C” Bench, comprising Shri Sandeep Gosain (JM) & Shri Girish Agrawal (AM), allowed the Revenue’s appeals for AYs 2017-18 & 2018-19 for statistical purposes in the case of Patil Construction and Infrastructure Ltd., and restored the issue of deduction u/s 80-IA to the file of the AO for fresh adjudication.
The Assessee, engaged in civil construction ...



