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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB(10) - substantial portion of the assessee's ...

Income Tax

May 19, 2018

Deduction u/s 80IB(10) - substantial portion of the assessee's profit was not derived from development of housing project - the assessee had utilized about 20% or less of the permissible FSI - bifurcation of profits arising out of such activity and that arising out of the net sell of FSI must be resorted to - HC

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