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2018 (12) TMI 1522 - HC - Income TaxEligibility for deduction u/s. 80IB(10) - construction was not completed within a period envisaged under the statutory provision - Tribunal allowed the claim - Held that:- Tribunal has come to factual findings, essentially holding that the Assessee had entered into an agreement with the previous Promoters and that the Assessee had acquired land along with development rights. Further, that the housing project constructed by the Assessee, consisted of building which only included flats. This project was quite different from the project which the previous developer had conceived. The Assessee had undertaken development and construction of housing project on a piece of land which was different from the land on which the erstwhile Promoters had completed construction of 40 row houses. Under the circumstances, no question of law arises.
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