2015 (7) TMI 1302

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..... ORDER 1. The present appeal under Section 260A of the Income Tax Act ('Act') by the Revenue is directed against an order dated 17th December 2014 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No.1629/Del/2013 for the Assessment Year ('AY') 2009-10. 2. The Appellant seeks to urge that disallowance of deduction under Section 80 IB(10) of the Act could not have been restricted by the .....

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..... plea of the Assessee and following the decision of the Calcutta High Court, dated 5th August 2007 in ITA No. 458 of 2006 (in the case of Bengal Ambuja Housing Development Ltd.) directed the AO to allow the proportionate deduction keeping in view the number of flats that complied with the requirement of Section 80 1B(10)(c). This was affirmed by the ITAT in the impugned order. 5. Having heard Ms. .....

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