Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (7) TMI 115 - AT - Income TaxDenying the deduction u/s 80IB(10) - Held that:- Disallowance of deduction u/s 80IB(10) of the Act is to be made only on the units which fail to comply with the conditions laid out u/s 80IB(10) of the Act which, in the instant case, relates to few flats and row houses, which were not able to satisfy the provisions of section 80IB(10)(c) of the Act having built up area of more than 1500 sq. ft. We, therefore, find no infirmity in the order of the Commissioner of Income Tax (Appeals) partly allowing the assessee’s claim of deduction u/s 80IB(10) of the Act. Appeal of the revenue is dismissed.
|