Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Calcutta HC allows Income Tax Deduction u/s 80IA on Port Infrastructure Development
Corporate Compliance
Income Tax Deduction on Port Infrastructure: The Calcutta High Court allowed a deduction under Section 80IA of the Income Tax Act for companies engaged in port infrastructure development. The court’s decision clarified that such infrastructure qualifies for tax deductions, promoting investment in port and related sectors. This ruling highlights the applicability of tax benefits to specific infrastructure development projects, providing financial relief to eligible companies.
