PVK Power and Infrastructure Limited was incorporated on 1st April, 2023 and is engaged in the business of developing and operating a road project under a public-private partnership (PPP) agreement. The project was comme

PVK Power and Infrastructure Limited was incorporated on 1st April, 2023 and is engaged in the business of developing and operating a road project under a public-private partnership (PPP) agreement. The project was commenced on 1st August, 2025. During the Previous Year 2025-26, the company earned the following income from its business: Particulars Amount (₹ in lakh) Toll collection from the road project 120 Profit before tax and dep. from road project 35 Income from solid waste management system 15 Interest on bank deposits 18 Income from rental of office premises 12 Income from inland waterway 20 Additional Information: (1) The company has claimed depreciation of ₹ 4 lakh on the road project asset. (2) The business carried on by PVK Power & Infrastructure Limited qualifies as an eligible infrastructure facility under Section 80 IA of the Income-tax Act, 1961. Compute the deduction allowable under Section 80IA for the assessment year 2026-27 for PVK Power & Infrastructure Limited. Assume the company has not opted for the provision of section 115BAA or 115BAB.