#Section 80IA
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382 articlesIncome Tax

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S. 80IA: Option to claim deduction post business commencement
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Incentive Deduction U/s 80-I of Income Tax Act, 1961
Income Tax![Bangalore International Airport Ltd. [BIAL] is a statutory body u/s 80IA(4)(i)](https://taxguru.in/wp-content/uploads/2026/07/Income-Tax-1.jpg)
![Bangalore International Airport Ltd. [BIAL] is a statutory body u/s 80IA(4)(i)](https://taxguru.in/wp-content/uploads/2026/07/Income-Tax-1.jpg)
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Bangalore International Airport Ltd. [BIAL] is a statutory body u/s 80IA(4)(i)
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Interest on IT Refund/ FDR, Other interest and Tender fees eligible for deduction u/s 80IA
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Only companies are eligible for deduction u/s 80IA(4)
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Section 80IA(4)(iii): Deduction for approved industrial park cannot be denied by CBDT being merely a notifying authority
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Search Assessment can be made only on the basis of incriminating material found during search
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Deduction U/s. 80I on Gross Income Is Allowed Without Excluding Deduction U/s. 80HH
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Deduction u/s 80 IA cannot be denied if losses set off against previous year income
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Relationship of master and servant not necessary to claim deduction under 80I
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Production of cinematograph film amounts to manufacture by industrial undertaking
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S. 80IA Option of choosing initial assessment year – ITAT distinguishes special bench judgment in case of Gold Mine Shares
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Ownership not necessary for consideration of service charges as profits & gains from industrial undertaking
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