Held that the activities of assessee being that of a developer, would also include operation and maintenance of SEZ and, therefore, assessee would be entitled for deduction under section 80IAB; it could not be said that deduction under section 80IAB will be allowed to transferee developer only. (AY. 2014-15)
DCIT v. Zydus Infrastructure (P.) Ltd. (2021) 190 ITD 652 (Ahd.) (Trib.)
S. 80IAB : Undertaking-Development of Special Economic Zone-Developer-Operation and maintenance-Entitle to deduction.