Home Case Index All Cases Income Tax Income Tax + SCH Income Tax - 2018 (7) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (7) TMI 1458 - SCH - Income TaxDeduction under section 80IB - A, B, C, D and E buildings are constructed on a plot admeasuring 2.36 acres and if 2.36 acres of land is proportionately divided between five buildings, the land pertaining to the “E” building would be less than one acre and, hence, deduction under section 80IB( 10) cannot be allowed - Does the respondent assessee satisfy the condition (b) of Section 80IB(10) of the Act which requires the project claiming the deduction to be on size of a plot of land which has a minimum area of one acre? - Held that:- SLP dismissed.
|