https://www.taxtmi.com/caselaws?id=214513 The High Court ruled in favor of the assessee, holding that despite not directly building the housing project, they were entitled to the deduction under Section 80IB(10) of the Income Tax Act. The Court emphasized the assessee's active involvement in various development activities crucial for the project, such as obtaining permits and supervising construction, making them an integral part of the construction process. The judgment highlighted that joint efforts with the builder sufficed for claiming the tax benefit, and when all conditions were met, parties involved in the project were entitled to the deduction. en-us Tue, 28 Feb 2012 00:00:00 +0530 Thu, 05 Jul 2012 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214513 The High Court ruled in favor of the assessee, holding that despite not directly building the housing project, they were entitled to the deduction under Section 80IB(10) of the Income Tax Act. The Court emphasized the assessee's active involvement in various development activities crucial for the project, such as obtaining permits and supervising construction, making them an integral part of the construction process. The judgment highlighted that joint efforts with the builder sufficed for claiming the tax benefit, and when all conditions were met, parties involved in the project were entitled to the deduction. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214513