TIOL-DDT 1363 · Thursday, 20 May 2010 · story 4 of 7
Income tax - Widening of existing road - Infrastructure under Section 80IA
By Vijay Kumar
CBDT has clarified that 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 80IA (4)(i). However, simply relaying of an existing road would not be classifiable as a new infrastructure facility for this purpose.