ABC Limited fulfilling all the conditions of operating different infrastructure facilities for claiming deduction u/s 80-IA. Find which are being not covered under infrastructure facility out of the following:

CS Executive · Tax Laws · PYQS · December 2019
ABC Limited fulfilling all the conditions of operating different infrastructure facilities for claiming deduction u/s 80-IA. Find which are being not covered under infrastructure facility out of the following:
(A) Developing of Toll-Road
(B) Operating and maintaining of Highway Project
(C) Operating and maintaining of an Air-port
(D) Developing of industrial park

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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