intangible
assets. Observing, that the cost of any infrastructure facility undertaken on
BOT basis, specially a highway toll way project, de hors vesting of ownership ... same with the assessee i.e BOT operator would not qualify as an
intangible asset, the A.O, was of the view that the assessee
construction
and maintenance of toll roads on build, operate and transfer (BOT) basis, had filed its return of
income ... view that the cost of any infrastructure facility undertaken on BOT basis, especially a
highway project, would not qualify as an intangible asset. Accordingly
Highway
awarded by NHAI on Build, Operate and Transfer basis (in short
BOT), filed its return of income ... assessee company claimed
depreciation of Rs.18,16,15,643/- on BOT projects @ 5% (at half
the rate as being put to use for less
assessee
constructed and maintained the toll road on Build, Operate and
Transfer (BOT) basis."
1.2 "On the facts and in the circumstances ... year 2026. The assessee is entitled to build,
operate and transfer (BOT) annuity basis under the
agreement. Thus, the assessee has license/ commercial right.
This
Gautami branch of the
river Godavari between Yanam and Yedurlanka on BOT contract basis by
NECL, the holding company of the assessee. NECL completed ... management of the said bridge, NECL
decided to transfer the right over BOT asset to the assessee
