https://www.taxtmi.com/caselaws?id=234850 The Tribunal upheld the CIT(A)'s decision, allowing the deduction u/s. 80IB(10) for the assessee. It was determined that the assessee, despite not owning the land, had de facto control over the project, bore financial risks, and met all other statutory conditions. The Tribunal emphasized the parallels with the Radhe Developers case, affirming the entitlement to the deduction based on active involvement and financial investment in the housing project. The reliance on legal precedents and fulfillment of statutory conditions led to the allowance of the deduction for the relevant assessment year. en-us Fri, 21 Jun 2013 00:00:00 +0530 Mon, 01 Jul 2013 13:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234850 The Tribunal upheld the CIT(A)'s decision, allowing the deduction u/s. 80IB(10) for the assessee. It was determined that the assessee, despite not owning the land, had de facto control over the project, bore financial risks, and met all other statutory conditions. The Tribunal emphasized the parallels with the Radhe Developers case, affirming the entitlement to the deduction based on active involvement and financial investment in the housing project. The reliance on legal precedents and fulfillment of statutory conditions led to the allowance of the deduction for the relevant assessment year. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234850