Contractors performing work in the nature of Developer-cum-Contractor eligible for Deduction u/s 80A even after Amendment: ITAT

The Rajkot bench of the Income Tax Appellate Tribunal (ITAT) has held that the contractors performing the work in the nature of a developer-cum-contractor are still eligible to claim deduction under section 80-IA(4) of the Income Tax Act, 1961. The assessee is a private limited company and engaged in the business of civil construction. The […]

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