https://www.taxtmi.com/caselaws?id=217271 The Tribunal dismissed the Revenue's appeals for the assessment years 2003-04 and 2004-05, upholding the CIT(A)'s decision to allow the deduction under Section 80IB(10). For the assessment year 2005-06, the Tribunal also dismissed the Revenue's appeal and allowed the assessee's appeal, directing the AO to allow the deduction claimed under Section 80IB(10). The Tribunal concluded that the amended provisions of Section 80IB(14)(a) were not applicable to projects approved before 1.4.2005, and thus, the built-up area should be computed excluding balconies and terraces. en-us Thu, 26 Apr 2012 00:00:00 +0530 Tue, 09 Oct 2012 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217271 The Tribunal dismissed the Revenue's appeals for the assessment years 2003-04 and 2004-05, upholding the CIT(A)'s decision to allow the deduction under Section 80IB(10). For the assessment year 2005-06, the Tribunal also dismissed the Revenue's appeal and allowed the assessee's appeal, directing the AO to allow the deduction claimed under Section 80IB(10). The Tribunal concluded that the amended provisions of Section 80IB(14)(a) were not applicable to projects approved before 1.4.2005, and thus, the built-up area should be computed excluding balconies and terraces. Case-Laws Income Tax Thu, 26 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217271