Ask A CCIite-PCC and IPCC

Dhaval K.Toprani (CA-IPCC Student) (1150 Points)

21 February 2011  

 After enjoying mild success in the Group Study, We are making another attempt to take this to a higher level and make it more interactive.







Introducing Ask a CCIite..

Just imagine studying a subject that you are pretty unsure of and suddenly your friend calls you up asking a tricky question to which you have no reply...what do u do now?Simple...take a deep breath..drink water and have some snacks..but only after posting your doubt here...we’ll solve it for you and make sure you have the concept well in your mind then...

So friends post your doubts here and we’ll make sure that it gets solved as soon as possible...The advantage is that your doubt is solved immediately as some or the other CCIite will catch it...If it stays pending for quite some time we shall post this query to different experts who will surely help us out..also people following this topic will get good tricky questions. As students we shall have doubts that commonly arise so those could get solved too...

 

We look forward to your support...
 
 
 For eg.
Doubt
Section 80-IA(4)(i) provides for a deduction to an undertaking engaged in 
developing, or operating and maintaining, or developing, operating and maintaining any 
infrastructure facility subject to satisfaction of the conditions laid down in the Section
 

 
 
 
 
So does widening of existing roads constitute as creation of new infrastructure facility?

Reply
Widening of an existing road by constructing additional lanes as a part of a highway project by an undertaking would be regarded as a new infrastructure facility for the purpose of Section 80-IA(4)(i). However, simply relaying of an existing road would not be classifiable as a new infrastructure facility for this purpose 
P.S. You can also contact us for personal doubts ;)