Proportionate disallowance of deduction claimed u/s. 80 IA of the Income Tax Act

Last updated: 26 October 2021

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The Income Tax Appellate Tribunal (ITAT) has partly allowed an appeal concerning Verizon Communications India Pvt. Ltd.'s claim for deduction under Section 80 IA of the Income Tax Act. The company claimed deductions on profits from telecommunication services, with AY 2007-08 being the first year of a 15-year block. The ruling addresses the proportionate disallowance of these deductions, particularly concerning services provided outside India through agreements with foreign entities.

Court :
ITAT Delhi

Brief :
ITA No.2234/Del/2019 is the appeal by the assessee preferred against the order of the CIT(A)-15, Delhi dated 28.12.2018 pertaining to A.Y.2010-11.

Citation :
ITA No.7297/Del/2017, 6509/Del/2019 & 2234/Del/2019

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Attached File : 1442821_4580_1634797688_7297_del_2017.pdf

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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