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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Deduction for housing project profits: full tax deduction allowed subject to approval, completion, and compliance conditions.</h1> The provision allows a hundred per cent. deduction of profits and gains from eligible housing projects subject to conditions including approved project status by the competent authority within the prescribed window, completion within a specified period from approval, limits on commercial area and unit sizes, minimum plot size, floor area ratio utilisation thresholds, single-unit allotment restrictions, separate project accounting, and specified definitions for built-up area, floor area ratio and residential unit. Deductions are excluded for works-contract executors and are recaptured if projects are not completed within the prescribed period; claimed profits cannot be deducted under other provisions for the same year.

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