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2020 (10) TMI 29 - AT - Income TaxProportionate deduction u/s 80IB(10) - Valuation Officer reported the built-up area of the Bunglows / Row Houses are more than 1500 sq.ft - CIT-A allowed proportionate deduction - HELD THAT:- Commissioner of Income Tax (Appeals) in his order discussed the issue taking the reference to the decision of this Tribunal in the case of M/s. D.S.Kulkarni Developers Ltd. [2014 (7) TMI 1166 - ITAT PUNE] wherein we note that in the claim of the assessee therein, on proportionate basis was allowed relating to eligible units. Therefore, in the light of discussion made by us hereinabove and in view of the findings recorded by the learned Commissioner of Income Tax (Appeals), we are of the view that there is no infirmity in the order of learned Commissioner of Income Tax (Appeals) and it is justified. Thus, the only ground raised by the Revenue is dismissed.
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