https://www.taxtmi.com/caselaws?id=121792 Section 80-IB(10) relief does not depend solely on legal ownership of the land or on local authority approval being in the assessee's name; ownership is not an express statutory condition. Entitlement turns on whether the assessee is the developer undertaking the housing project on its own cost and risk with effective dominion over the project. A development agreement must be examined on its substance, not its label: where the assessee bears expenses, secures permissions, and assumes business risk, deduction is available; where it merely acts as a contractor for fixed remuneration, deduction is not available and factual verification is required. en-us Fri, 07 Nov 2008 00:00:00 +0530 Fri, 05 Sep 2025 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121792 Section 80-IB(10) relief does not depend solely on legal ownership of the land or on local authority approval being in the assessee's name; ownership is not an express statutory condition. Entitlement turns on whether the assessee is the developer undertaking the housing project on its own cost and risk with effective dominion over the project. A development agreement must be examined on its substance, not its label: where the assessee bears expenses, secures permissions, and assumes business risk, deduction is available; where it merely acts as a contractor for fixed remuneration, deduction is not available and factual verification is required. Case-Laws Income Tax Fri, 07 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121792