https://www.taxtmi.com/caselaws?id=213420 Deduction under section 80IB(10) should not be denied merely because the completion certificate was issued after the statutory cut-off when the housing project was completed before that date, the assessee had applied for certification within time, and all required formalities were complied with. Delay caused by the local authority's inspection process, rather than any default by the assessee, cannot defeat the claim where no defect or material shows non-completion before the cut-off. The provision's object of promoting housing projects requires a practical construction, so the deduction remains available on substantial compliance. en-us Fri, 09 Dec 2011 00:00:00 +0530 Mon, 21 May 2012 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213420 Deduction under section 80IB(10) should not be denied merely because the completion certificate was issued after the statutory cut-off when the housing project was completed before that date, the assessee had applied for certification within time, and all required formalities were complied with. Delay caused by the local authority's inspection process, rather than any default by the assessee, cannot defeat the claim where no defect or material shows non-completion before the cut-off. The provision's object of promoting housing projects requires a practical construction, so the deduction remains available on substantial compliance. Case-Laws Income Tax Fri, 09 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213420