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2017 (1) TMI 118 - AT - Income TaxClaim of deduction under section 80IB(10) - rejection of claim on the ground that the residential units exceeded the specified limit of 1500 sq. ft. - Held that:- The terrace area needs to be excluded from the built up area and if the same is excluded , then the resultant built up area is well within the 1500 sq.ft limit prescribed in the statute and hence rejection of deduction u/s 80IB(10) of the Act on this ground by the Learned AO is not in order. - Decided in favour of assessee
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