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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Disallowance of claim of deduction u/s 80IB(10) - simply because ...


Section 80IB(10) Deduction: Developers' Land Ownership Not Required for Tax Deduction Eligibility.

June 25, 2014

Case Laws     Income Tax     AT

Disallowance of claim of deduction u/s 80IB(10) - simply because the land was not owned by the developers it has consistently been held is not a relevant criteria to disallow the deduction claimed - AT

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