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2016 (3) TMI 453 - ITAT HYDERABADEligibility of deduction under section 80IB(10) - Held that:- All these issues had arisen in the assessee's own case in the earlier assessment year, i.e., A.Y. 2009-10 and this Tribunal has upheld the order of the Ld. CIT(A) in holding that the assessee is eligible for deduction under section 80IB(10) as the permission was obtained for the project and it was not really important that the permission was in the name of the land owners. As regards the excess of the constructed area and the allowability of the deduction on the entire building and also on the estimation of income, we find that for the year under consideration also, the issue needs re-consideration by the A.O. on similar lines as in the earlier assessment year. - Decided in favour of assessee and Revenue for statistical purposes.
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