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Income Tax - Highlights / Catch Notes

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Deduction u/s. 80IB - composite development of housing project - ...

Income Tax

June 19, 2019

Deduction u/s. 80IB - composite development of housing project - assessee have obtained different commencement certificates and started on different periods of time and also separate by space and statutory approvals and even in designs, maintenance of separate books of account - the Revenue is not right in treating both the projects as one and integrated even if they were put up on the same parcel of land

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