Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (9) TMI 1196 - AT - Income TaxProportionate deduction u/s. 80IB - deduction proportionately on all flats except these 7 flats where 1500 s.ft. exceeded - HELD THAT:- Before giving direction to AO to allow proportionate deduction u/s. 80IB, the CIT(A) relied on the decision of the coordinate bench in the case of M/s. Kura Homes Pvt. Ltd. [2012 (11) TMI 466 - ITAT HYDERABAD] - Therefore, the decision of the CIT(A) is in consonance with the decision of the coordinate bench, hence, we do not find any error in the order of the CIT(A) and upholding the same, we dismiss the grounds raised by both the assessee and revenue on this issue.
|