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2016 (8) TMI 1295 - HC - Income TaxDeduction u/s. 80IB(10) - Date of approval of the building plan - Held that :- As held in the case of Aditya Developers [2013 (3) TMI 512 - ITAT Pune] from the very reading of the Explanation (i) makes it clear that the date on which building plan of such housing project is approved shall be deemed the date of approval of the housing project - the assessee is very much eligible for the claimed deduction u/s. 80 IB (10) on the project, thus in our view, the Ld CIT(A) has rightly allowed the claimed deduction. The same is upheld. - Decided in favor of assessee.
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