TMI BlogDeduction u/s.80IB(10) - The joint venture was merely used as conduit to facilitate execution of housing...Deduction u/s.80IB(10) - The joint venture was merely used as conduit to facilitate execution of housing project work, the actual work was done by the two members of JV. All the expenditure for the execution of project was incurred by the individual members and not the joint venture. Therefore, the deduction was rightly claimed by the members - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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