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2015 (11) TMI 1208 - AT - Income TaxEligibility for deduction u/s 80IB(10) - profit from housing projects constructed by the assessee - Held that:- assessee is entitled to deduction under section 80IB(10) because the activity of the development has been carried on by the assessee contractor-cum- developer as per the agreement entered into with the land owners. Therefore, since the facts and circumstances of the case remain identical and distinguishing facts have not been brought on record by the Revenue of previous AY, we respectfully following the orders of coordinate Bench, allow the appeal of assessee. - Decided in favour of assessee.
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