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Ownership Not Required for 80-IA Claim as Developer Status Depends on Role and Risk Undertaken

SEO Expert March 30, 2026

CIT Vs Patel Engg. Ltd. (Bombay High Court) The appeals before the Bombay High Court arose from orders of the Income Tax Appellate Tribunal (ITAT) allowing deduction under Section 80-IA(4) of the Income Tax Act, 1961 to the assessee for Assessment Years 2000–01 and 2001–02. The central issue was whether the assessee qualified as a […]

The post Ownership Not Required for 80-IA Claim as Developer Status Depends on Role and Risk Undertaken appeared first on TaxGuru.

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