https://www.taxtmi.com/caselaws?id=208701 A prospective definition of built-up area inserted into section 80IB(14)(a) could not be applied to a housing project approved earlier; the project was to be tested against the sanctioned plan and building rules in force at approval, and balcony, porch and similar projections were excluded from computation, so the section 80IB(10) limit remained satisfied. Completion for deduction purposes depended on the actual date of completion, not the later issue of the municipal completion certificate; where the assessee had applied on time and completion was otherwise shown within the prescribed period, administrative delay in issuing the certificate could not defeat the claim. The deduction was therefore allowable on both grounds. en-us Thu, 29 Sep 2011 00:00:00 +0530 Sat, 30 Apr 2016 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208701 A prospective definition of built-up area inserted into section 80IB(14)(a) could not be applied to a housing project approved earlier; the project was to be tested against the sanctioned plan and building rules in force at approval, and balcony, porch and similar projections were excluded from computation, so the section 80IB(10) limit remained satisfied. Completion for deduction purposes depended on the actual date of completion, not the later issue of the municipal completion certificate; where the assessee had applied on time and completion was otherwise shown within the prescribed period, administrative delay in issuing the certificate could not defeat the claim. The deduction was therefore allowable on both grounds. Case-Laws Income Tax Thu, 29 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208701