Shared Areas Excluded from Built-Up Area for Tax Deductions u/s 80-IB (10) of the Income Tax Act.

Shared Areas Excluded from Built-Up Area for Tax Deductions u/s 80-IB (10) of the Income Tax Act. https://www.taxtmi.com/highlights?id=4272 Deduction under Section 80-IB (10) - If that area does not exclusively belong to the owner of residential unit and if he has to share that common area with the owner of another residential unit, then that common area has to be excluded from the built-up area. - HC en-us Thu, 05 Jul 2012 09:57:55 +0530 Thu, 05 Jul 2012 09:57:55 +0530 TaxTMI RSS Generator Shared Areas Excluded from Built-Up Area for Tax Deductions u/s 80-IB (10) of the Income Tax Act. https://www.taxtmi.com/highlights?id=4272 Deduction under Section 80-IB (10) - If that area does not exclusively belong to the owner of residential unit and if he has to share that common area with the owner of another residential unit, then that common area has to be excluded from the built-up area. - HC Highlights Income Tax Thu, 05 Jul 2012 09:57:55 +0530 https://www.taxtmi.com/highlights?id=4272