https://www.taxtmi.com/caselaws?id=238526 The Tribunal upheld the CIT(A)'s decision in favor of the Assessee, allowing the deduction under section 80IB(10) for the assessment year 2007-08. The Tribunal emphasized the Assessee's dominant control over the land and its assumption of risks and rewards, qualifying it as the beneficial owner despite lacking title ownership. Citing consistent precedents and legal principles, the Tribunal dismissed the Revenue's appeal, noting the previous grant of deduction to the Assessee in similar circumstances. The decision was rendered on 11-10-2013, affirming the Assessee's eligibility for the deduction. en-us Fri, 11 Oct 2013 00:00:00 +0530 Thu, 24 Oct 2013 21:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238526 The Tribunal upheld the CIT(A)'s decision in favor of the Assessee, allowing the deduction under section 80IB(10) for the assessment year 2007-08. The Tribunal emphasized the Assessee's dominant control over the land and its assumption of risks and rewards, qualifying it as the beneficial owner despite lacking title ownership. Citing consistent precedents and legal principles, the Tribunal dismissed the Revenue's appeal, noting the previous grant of deduction to the Assessee in similar circumstances. The decision was rendered on 11-10-2013, affirming the Assessee's eligibility for the deduction. Case-Laws Income Tax Fri, 11 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238526