https://www.taxtmi.com/caselaws?id=219793 The tribunal upheld the CIT(A)'s decision, rejecting the AO's rejection of the project completion method and allowing the claim of deduction under section 80IB(10) of the Income Tax Act. The tribunal also affirmed the completion date of the project as within the prescribed period and directed the AO to verify the actual plot size to determine eligibility for the deduction. The tribunal dismissed the revenue's appeal and allowed the assessee's cross-objection, emphasizing adherence to statutory requirements and factual accuracy. en-us Wed, 13 Jun 2012 00:00:00 +0530 Fri, 16 Nov 2012 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219793 The tribunal upheld the CIT(A)'s decision, rejecting the AO's rejection of the project completion method and allowing the claim of deduction under section 80IB(10) of the Income Tax Act. The tribunal also affirmed the completion date of the project as within the prescribed period and directed the AO to verify the actual plot size to determine eligibility for the deduction. The tribunal dismissed the revenue's appeal and allowed the assessee's cross-objection, emphasizing adherence to statutory requirements and factual accuracy. Case-Laws Income Tax Wed, 13 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219793