In the result, appeal filed by the assessee in ITA no
Bench: Us & That These Four
AC system, details of road, pavement, parking etc. The Assessing Officer observed that the rate, volume, quantity, measurement, time schedule everything is specified in the contract and the contract can be cancelled by AAI at short notice. Thus, it was observed that AAI has full control over the projects over the project. Performance guarantee in the form of bank guarantee