TMI Blog2015 (7) TMI 1053X X X X Extracts X X X X X X X X Extracts X X X X ..... -IA(4). We have perused both the judgments and noticed that the authorities below have considered facts quite meticulously by minutely going through the terms of the contract and came to an unanimous conclusion that the assessee was a developer of the project. - Decided in favour of assessee - INCOME TAX APPEAL NO. 106 OF 2014 WITH ITA/107/2014 - - - Dated:- 2-7-2015 - A.V. NIRGUDE A.M. BADAR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for this project, which were approved by the authorities of the principal. Thereafter, the project was undertaken and completed. 4] The question that arose between the parties was, whether the assessee could be said to be a developer of such project. The authorities below on facts came to the conclusion that the assessee could be said to be a developer as contemplated by Section 80-IA(4). We h ..... X X X X Extracts X X X X X X X X Extracts X X X X
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