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Income Tax - Highlights / Catch Notes

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Disallowance of the claim u/s 80IB(10) - project completed in ...


Deduction u/s 80IB(10) Disallowed Due to Incomplete Building; Partial Completion Should Not Deny Entire Deduction.

May 13, 2015

Case Laws     Income Tax     AT

Disallowance of the claim u/s 80IB(10) - project completed in part - merely because the assessee had not completed the building No.D within prescribed time under the provisions of Act, the deduction under section 80IB(10) could not be denied in entirety. - AT

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