https://www.taxtmi.com/caselaws?id=205564 HC held that where a housing project (including permitted commercial user under local authority DC rules) satisfies s.80IB(10) conditions, the deduction applies to the entire project approved by the authority, not to parts thereof. However, because the assessee did not challenge the Tribunal's factual restriction of the deduction to profits from 15 residential buildings, the HC declined to disturb that limited allowance. The amendment inserting clause (d) into s.80IB(10) effective 01/04/2005 is prospective only and cannot be applied to periods before that date. The appeal was disposed accordingly. en-us Tue, 22 Feb 2011 00:00:00 +0530 Sat, 23 Aug 2025 13:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205564 HC held that where a housing project (including permitted commercial user under local authority DC rules) satisfies s.80IB(10) conditions, the deduction applies to the entire project approved by the authority, not to parts thereof. However, because the assessee did not challenge the Tribunal's factual restriction of the deduction to profits from 15 residential buildings, the HC declined to disturb that limited allowance. The amendment inserting clause (d) into s.80IB(10) effective 01/04/2005 is prospective only and cannot be applied to periods before that date. The appeal was disposed accordingly. Case-Laws Income Tax Tue, 22 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205564