https://www.taxtmi.com/caselaws?id=238525 The Tribunal upheld the denial of a deduction under section 80IB of the Income Tax Act for the assessment year 2006-2007 due to the absence of a completion certificate from the local authority before the specified deadline. Despite the appellant's efforts to obtain the certificate post-assessment, the Tribunal emphasized the mandatory requirement of the completion certificate for claiming the deduction. The denial of the deduction amounting to Rs.54,65,550 was based on the specific provisions of the Act and relevant case law, leading to the dismissal of the appellant's appeal. en-us Wed, 25 Sep 2013 00:00:00 +0530 Wed, 23 Oct 2013 22:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238525 The Tribunal upheld the denial of a deduction under section 80IB of the Income Tax Act for the assessment year 2006-2007 due to the absence of a completion certificate from the local authority before the specified deadline. Despite the appellant's efforts to obtain the certificate post-assessment, the Tribunal emphasized the mandatory requirement of the completion certificate for claiming the deduction. The denial of the deduction amounting to Rs.54,65,550 was based on the specific provisions of the Act and relevant case law, leading to the dismissal of the appellant's appeal. Case-Laws Income Tax Wed, 25 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238525