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2022 (3) TMI 389 - HC - Income TaxDeduction u/s 80IB - ownership of the land - As per revenue assessee was not the owner of the land when development work took place, assessee is not entitled to the benefits of Section 80IB(10) - HELD THAT:- Whether the proviso to Section 80IB of the Act requires that ownership of the land would be a condition precedent for developing housing project has been considered by the Hon’ble Gujarat High Court in Commissioner of Income Tax vs. Radhe Developers [2011 (12) TMI 248 - GUJARAT HIGH COURT] wherein as rejected the argument of Revenue that in order to receive benefit under Section 80IB(10) of the Act requirement of ownership of the land must be read into the statute. - No substantial question of law.
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