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2018 (12) TMI 1342 - HC - Income TaxDeduction u/s 80IB(10) - production of completion certificate indicating completion of the project - Held that:- In the case of CIT, Aurangabad Vs. Hindustan Samuh Awas Ltd.[2015 (10) TMI 2306 - BOMBAY HIGH COURT] holding on identical facts that where the builder has completed a housing project within the time provided under Section 80IB(10)(a)(iii) and had also filed an application seeking completion certificate from the Municipal Corporation in time, then, the said builder - assessee is entitled to the benefit of Section 80IB(10)(a)(iii) of the Act. This notwithstanding the fact that the certificate has not been issued by the municipal corporation before the last date for completion of project. The aforesaid decision in Hindustan Samuh Awas Ltd (supra) of this Court had dismissed the Revenue's appeal at final hearing on the substantial question of law. Moreover, the decision was rendered after the appeal in the case of Satish Bora (supra) was admitted. As the decision in Hindustan Samuh Awas Ltd (supra) concludes the issue raised herein finally, the same is binding upon us. More so in absence of the Revenue being able to show any distinguishing factor in this case which would warrant different view than that taken by this Court in Hindustan Samuh Awas Ltd (supra). No substantial question of law.
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