https://www.taxtmi.com/forum/issue?id=2346 Deduction under section 80IB(10) is available only to persons undertaking the investment risk as actual developers; the Explanation added to the section excludes undertakings executing housing projects as works contracts. Structuring sales via separate land and construction agreements may jeopardise the concession, and substance over form governs - the assessee must show ownership and investment risk to sustain the deduction. en-us Wed, 10 Nov 2010 17:54:15 +0530 Thu, 23 Jan 2025 15:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2346 Deduction under section 80IB(10) is available only to persons undertaking the investment risk as actual developers; the Explanation added to the section excludes undertakings executing housing projects as works contracts. Structuring sales via separate land and construction agreements may jeopardise the concession, and substance over form governs - the assessee must show ownership and investment risk to sustain the deduction. Discussion-Forum Income Tax Wed, 10 Nov 2010 17:54:15 +0530 https://www.taxtmi.com/forum/issue?id=2346