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2012 (3) TMI 500 - AT - Income TaxClaim of deduction u/s.80IB(10) - Held that:- In the present case it is undisputed that the project had started much before 01.04.2005, which is evident from the Allotment letter dated 09.09.2002 and Commencement certificate dated 29.07.2003. Thus, once the project has been started prior to 01.04.2005, the amendment brought u/s.80IB(10)(d) from 01.04.2005. The contention of the learned CIT(DR) that the benefit of 80IB(10)(d) as stood prior to 01.04.2005 will not be applicable from the Assessment Year 2005-06 onwards, does not hold any ground - Decided against revenue
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