https://www.taxtmi.com/caselaws?id=235847 The High Court dismissed the appeal contesting the disallowance of deduction under Section 80IB(10) of the Income Tax Act, 1961. The Court affirmed the assessee's entitlement to the deduction despite not owning the land, based on the comprehensive control, responsibilities, and risks assumed by the assessee in the housing project development. The decision aligned with the principles established in a previous case, emphasizing the critical role played by the party undertaking the development activities in such projects. en-us Wed, 16 Jan 2013 00:00:00 +0530 Tue, 06 Aug 2013 17:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235847 The High Court dismissed the appeal contesting the disallowance of deduction under Section 80IB(10) of the Income Tax Act, 1961. The Court affirmed the assessee's entitlement to the deduction despite not owning the land, based on the comprehensive control, responsibilities, and risks assumed by the assessee in the housing project development. The decision aligned with the principles established in a previous case, emphasizing the critical role played by the party undertaking the development activities in such projects. Case-Laws Income Tax Wed, 16 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235847