Section 138 in The Income Tax Act, 2025
138. Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development ... under section 80-IA of the Income-tax Act,1961, as if the said Act had not been repealed. [ Similar to Section 80IA from
business under clause (d) of the
Explanation to sub-section (4) (i) of Section 80IA of the IT Act.
25. Mr. Kaka submitted that Section ... Appellant is an "eligible business" under sub-section (4) of Section
80IA . Therefore, the only question that arises is whether the said
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seeking to invoke provisions under Section
148 of the Act was barred by limitation;
(b) deduction claimed under Section 80IA of the Act had been ... conditions of Section 149(1)(b) of the Act was necessary and
mere information was not sufficient;
(d) deduction under Section 80IA
business under clause (d) of the
Explanation to sub-section (4) (i) of Section 80IA of the IT Act.
25. Mr. Kaka submitted that Section ... Appellant is an "eligible business" under sub-section (4) of Section
80IA . Therefore, the only question that arises is whether the said
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specified domestic transaction
referred to in section 92BA ."
29. The Explanation to Sub-section (8) of Section 80IA of the Act
expressly provides that ... other section under Chapter VI-A or section 10AA , to which
provisions of sub-section (8) or sub-section (10) of section
enterprise from any business referred to in sub-
section (4).
6. Although Section 80IA, and as it exists on the statute book
today, is broadly ... host of other activities which were
spelt out.
7. Sub-section (4) of Section 80IA explained that the provision
would apply to any enterprise carrying
that Section 80IC(7) further provides that the
stipulations contained in sub-section (5) and sub-sections (7) to (12) of
Section 80IA shall ... eligible undertakings, also
apply to those which claim benefits under Section 80IC .
6. Section 80IA is a provision which is, in a sense, pari materia
that Section 80IC(7) further provides that the
stipulations contained in sub-section (5) and sub-sections (7) to (12) of
Section 80IA shall ... eligible undertakings, also
apply to those which claim benefits under Section 80IC .
6. Section 80IA is a provision which is, in a sense, pari materia
section
801A of the Act in respect of Sagar-Beena Project is that the
assessee did not satisfy the conditions laid down under section
80IA ... entitled for deduction. If we read these provisions of sub-section (4)
of section 80IA , we would find that this benefit of deductions
section
801A of the Act in respect of Sagar-Beena Project is that the
assessee did not satisfy the conditions laid down under section
80IA ... entitled for deduction. If we read these provisions of sub-section (4)
of section 80IA , we would find that this benefit of deductions
