https://www.taxtmi.com/caselaws?id=121455 The Tribunal ruled in favor of the assessee, allowing the deduction under section 80-IB(10) for the housing project Wing-E, finding it to be a separate project initiated after 1-10-1998 and meeting the plot size requirement. The Tribunal also determined that the merged flat issue did not violate the 1,000 sq. ft. limit. However, the disallowance of the addition of Rs. 1,58,900 in respect of forfeited deposits was upheld due to lack of substantiating evidence provided by the assessee. en-us Wed, 29 Apr 2009 00:00:00 +0530 Thu, 11 Aug 2016 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121455 The Tribunal ruled in favor of the assessee, allowing the deduction under section 80-IB(10) for the housing project Wing-E, finding it to be a separate project initiated after 1-10-1998 and meeting the plot size requirement. The Tribunal also determined that the merged flat issue did not violate the 1,000 sq. ft. limit. However, the disallowance of the addition of Rs. 1,58,900 in respect of forfeited deposits was upheld due to lack of substantiating evidence provided by the assessee. Case-Laws Income Tax Wed, 29 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121455