Dismissing the appeal of the revenue the Court held that the assessee was duly recognised as transferee or assignee of the principal contractor and was duly so recognised by the Railways to operate and maintain the railway sidings at Vadlur and Uthangalman railway stations. The assessee was entitled to deduction. (AY. 2003-04, 2004-05, 2010-11)
CIT v. Chettinad Lignite Transport Services P. Ltd. (2019) 413 ITR 162/ 177 DTR 329 / 309 CTR 268 / 266 Taxman 7(Mad.)(HC)
S. 80IA : Industrial undertakings–Infrastructure development-Contractor or transferee approved by concerned authority- Entitled to deduction.