https://www.taxtmi.com/caselaws?id=215732 The Tribunal allowed the appeal of the assessee, granting the deduction under section 80IB(10) of the Income-tax Act. The Tribunal held that the assessee's involvement in the development and building of the housing project, as outlined in the Joint Development Agreement, qualified for the deduction. The Tribunal emphasized that active participation in obtaining approvals and other developmental activities sufficed for eligibility, even if construction was carried out by another party. The decision aligned with the precedent set by the Hon'ble Jurisdictional High Court, ensuring the assessee's entitlement to the deduction. en-us Mon, 30 Apr 2012 00:00:00 +0530 Tue, 14 Aug 2012 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215732 The Tribunal allowed the appeal of the assessee, granting the deduction under section 80IB(10) of the Income-tax Act. The Tribunal held that the assessee's involvement in the development and building of the housing project, as outlined in the Joint Development Agreement, qualified for the deduction. The Tribunal emphasized that active participation in obtaining approvals and other developmental activities sufficed for eligibility, even if construction was carried out by another party. The decision aligned with the precedent set by the Hon'ble Jurisdictional High Court, ensuring the assessee's entitlement to the deduction. Case-Laws Income Tax Mon, 30 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215732