Tribunal held that the assessee is entitled to deduction under section 80IA(4) when there is positive income in hands of assessee on account of disallowance made by Assessing Officer in course of assessment proceedings. (AY. 2010-11)
Gujarat State Energy Generation Ltd. v. ACIT (2020) 183 ITD 590 (Ahd.)(Trib.)
S. 80IA : Industrial undertakings-Infrastructure development-Positive income on account of disallowances-Entitle to deduction. [S. 80IA (4)]