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2012 (9) TMI 993 - AT - Income TaxEligibility for deduction u/s.80IB(10) - partial completion - Held that:- 8th building renamed as Type G should not be confused with originally conceived Type G in commencement certificate dated 26.03.2004 as clarified above. It is pertinent to mention here that originally assessee conceived Type G on left hand side subsequently it was relocated on right hand side as Type G but same should not be confused because the locations are different. Initially it was on the left hand side subsequently it was shifted to right hand side. Assessee has completed construction of ‘A’, ‘B’, ‘C’ and ‘D’ buildings vide completion certificate No.BCO/14/6/264 dated 14.03.2006 while remaining ‘E’, ‘F’ and ‘I’ were completed vide completion certificate No.BCO/6/OC/57 dated 07.12.2007. Issue of relocated Type ‘G’ is not before us. In these circumstances, assessee is eligible for deduction u/s.80IB(10) in respect of building Types A, B, C, D, E, F and I, completed in two stages as discussed above. The Assessing Officer is directed accordingly.
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