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2019 (7) TMI 1529 - AT - Income TaxProportionate deduction u/s 80IB(10) - where there is violation of provisions of clauses (e) and (f) of section 80IB(10) of the Act, wherein more than one flat was allotted to an individual, then the assessee is not entitled to the claim of deduction under section 80IB(10) of the Act on such flats - HELD THAT:- In view of clear mandate of the Legislature, the assessee is not entitled to claim any deduction under section 80IB(10) of the Act in respect of four flats against which there is violation of clauses (e) and (f) of section 80IB(10) of the Act. However, the assessee is entitled to claim proportionate deduction in respect of balance flats sold by assessee in the aforesaid housing project. Upholding the order of CIT(A), we dismiss the ground of appeal raised by Revenue.
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