https://www.taxtmi.com/caselaws?id=209000 Deduction under section 80-IB(10) was upheld where the developer had dominant control over the housing project, undertook planning, construction, marketing, and sale collection, and bore the project risk. Formal land ownership in the society's name did not by itself make the assessee a mere works contractor or agent. The open terrace in front of a penthouse was also excluded from built-up area because it was not a covered internal space and could not be treated as a balcony or verandah. On these facts, the project met the statutory conditions for deduction and the disallowance was set aside. en-us Fri, 21 Jan 2011 00:00:00 +0530 Tue, 07 Feb 2012 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209000 Deduction under section 80-IB(10) was upheld where the developer had dominant control over the housing project, undertook planning, construction, marketing, and sale collection, and bore the project risk. Formal land ownership in the society's name did not by itself make the assessee a mere works contractor or agent. The open terrace in front of a penthouse was also excluded from built-up area because it was not a covered internal space and could not be treated as a balcony or verandah. On these facts, the project met the statutory conditions for deduction and the disallowance was set aside. Case-Laws Income Tax Fri, 21 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209000