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2014 (12) TMI 634 - HC - Income TaxEntitlement for deduction u/s 80IB(10) – Held that:- Following the decision in The Commissioner of Income Tax Business Ward XV(3), Chennai. Versus M/s. Sanghvi and Doshi Enterprise [2012 (12) TMI 84 - MADRAS HIGH COURT] wherein it has been clearly held that for the purpose of considering the deduction, it is not necessary that the assessee, engaged in developing and construction of housing project, should be the owner of the property – thus, the order of the Tribunal is upheld – Decided against revenue.
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