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2019 (5) TMI 1118 - ITAT HYDERABADDeduction u/s.80lB (10) - pro-rata deduction - AO noted that there was no record of the projects being completed by 31:03.2008 - HELD THAT:- As decided in assessee's own case [2019 (3) TMI 682 - ITAT HYDERABAD] assessee has only submitted the letters before CIT(A) to claim the deduction in pro-rata basis. As per the findings of ld. CIT(A), these letters do not give any details about the stage of completion, size of the flat to ascertain whether these projects satisfy the conditions specified in section 80IB(10). Therefore, we direct the AO to collect information about the stage of completion of the projects and size of the flats. If it is within the norms, AO should give pro-rata deduction u/s 80IB(10). This is accepted law as far as allowing pro-rata deduction u/s 80IB(10). With regard to completion certificates, it is enough that assessee files the completion certificate on block-wise or handing over proof to the flat owners. We direct the AO to decide the issue as per the above said directions and accordingly, ground raised by the assessee is allowed.
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