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2021 (7) TMI 112 - HC - Income TaxDeduction u/s 80IB(10) - Whether Tribunal was right in holding that assessee who is only a owner of the land and had out sourced the work of constructing the building and had realised the sale proceeds in the form of constructed area is entitled for deduction u/s 80IB? - HELD THAT:- As following the ratio laid down by the Hon'ble Division Bench of this Court in the judgment reported in Bashyam Constructions (P) Ltd [2019 (2) TMI 906 - MADRAS HIGH COURT] the questions of law raised in the appeals are decided against the revenue and in favour of the assessee.
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