Definition of port as infrastructural facility for the purpose of Income-tax Act
CBDT has clarified that for and from assessment year 2002-03 onwards, structures at the ports for storage, loading and unloading etc will be included in the definition of port for the purpose of sections 10(23G) and 80-IA of the Income-tax Act subject to the condition that the concerned port authority has issued a certificate that the said structures form part of the port.
CIRCULAR NO. , Dated: December 16, 2005