expenditure incurred by the assessee for construction of a road
under BOT contract with GOI gives rise to an asset and if so,
whether ... expenditure incurred by the assessee for construction of road
under BOT contract by the Government of India has given rise to
an intangible asset
entrepreneurs by
providing contract packages to the private enterprises. While
providing benefits, the government specifically specified certain
grants only to BOT Schemes. For the other
facts of the case are, the assessee company, engaged in
the civil contract works, filed its return of income for the AY 2014 -15
declaring ... expenditure incurred by the assessee for
construction of road under BOT contract by the Government of India has given rise to
an intangible asset
also some misgivings regarding the size of
contracts. The details, as regards the number of ongoing
contracts on March, 1, 2002, are as follows:
ยท Above ... entrepreneurs by providing contract packages to the private
enterprises. While providing benefits, the government
specifically specified certain grants only to BOT Schemes. For
the other
right, license and authority to
Operate and Maintain the road under BOT contract for a
period of 15 years and the same partakes the nature ... expenditure incurred by the assessee for construction of roads
under BOT contract with the Govt. of India, has given rise to an
intangible asset
Nagarjuna Constructions Company ... vs Assessee on 28 June, 2012
IN THE INCOME TAX APPELLATE TRIBUNAL
factually incorrect as it can be seen from the agreements
and contracts the site if handed over back to the employer after
development ... None of the contracts undertaken by
the assessee are on BOT/BOOT model. On the perusal
of the nature of work done in these contracts
capital expenditure
incurred by the assessee for construction of road under BOT
contract by the Government of India gives rise to an intangible
asset ... expenditure incurred by the assessee for construction of
road under BOT contract by the Government of India has given
rise to an intangible asset
Maytas-Ncc (Joint Venture), Hyderabad vs Assessee on 26 June, 2012
IN THE INCOME TAX
assessment order on the issue
of cost incurred for development of BOT roads, whether it is an
intangible asset giving rise to collection of toll ... expenditure incurred by
the assessee for construction of road under BOT contract had
given rise to an intangible asset as defined under Explanation
