https://www.taxtmi.com/caselaws?id=235579 The High Court upheld the decision of the CIT(A) regarding the eligibility of the assessee firm for deduction under section 80-IB(10) of the Income Tax Act. The Court emphasized the significant control and risk undertaken by the assessee firm in the housing project development agreements, distinguishing their role from that of a mere works contractor. Relying on the precedent set in the Radhe Developers case, the Court affirmed the eligibility of the respondent assessee for the deduction, highlighting the comprehensive involvement and ownership demonstrated in the project. The Tax Appeal was dismissed in favor of the respondent assessee. en-us Thu, 28 Mar 2013 00:00:00 +0530 Sat, 27 Jul 2013 09:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235579 The High Court upheld the decision of the CIT(A) regarding the eligibility of the assessee firm for deduction under section 80-IB(10) of the Income Tax Act. The Court emphasized the significant control and risk undertaken by the assessee firm in the housing project development agreements, distinguishing their role from that of a mere works contractor. Relying on the precedent set in the Radhe Developers case, the Court affirmed the eligibility of the respondent assessee for the deduction, highlighting the comprehensive involvement and ownership demonstrated in the project. The Tax Appeal was dismissed in favor of the respondent assessee. Case-Laws Income Tax Thu, 28 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235579