https://www.taxtmi.com/caselaws?id=151662 The Tribunal reversed the Commissioner (Appeals)'s decision and upheld the Assessing Officer's denial of the deduction under section 80-IB(10) of the Income-tax Act, 1961. The Tribunal concluded that the assessee did not meet the necessary statutory conditions, specifically regarding the built-up area of residential units exceeding 1500 sq. ft. The appeal by the Revenue was allowed, emphasizing strict adherence to the eligibility criteria for claiming deductions under the specified section. en-us Mon, 13 Oct 2008 00:00:00 +0530 Sat, 18 Nov 2023 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151662 The Tribunal reversed the Commissioner (Appeals)'s decision and upheld the Assessing Officer's denial of the deduction under section 80-IB(10) of the Income-tax Act, 1961. The Tribunal concluded that the assessee did not meet the necessary statutory conditions, specifically regarding the built-up area of residential units exceeding 1500 sq. ft. The appeal by the Revenue was allowed, emphasizing strict adherence to the eligibility criteria for claiming deductions under the specified section. Case-Laws Income Tax Mon, 13 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151662