CBDT issues circular for income tax deduction u/s 80IA on road widening project

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80IA of Income Tax Act now have widening of road projects as eligible work for claiming income tax deductions.  CBDT has issued circular no 4/2010 dt 18.5.2010  stating The Explanation to subsection 80IA(4)(i) states that for the purpose of this clause, infrastructure facility means inter alia:- “(a) a road including toll road, a bridge or a…

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