https://www.taxtmi.com/caselaws?id=238884 The Tribunal ruled in favor of the assessee in a case concerning the interpretation and application of deduction under section 80 IB (10) of the Act. The revenue's appeal challenging the allowance of the deduction was dismissed. The Tribunal emphasized the assessee's control over the project, assumption of construction costs, and fulfillment of conditions for claiming the deduction as a developer and builder. The Tribunal upheld the CIT(A)'s decision, concluding that the assessee met the requirements under section 80 IB (10) and dismissing both the revenue's appeal and the assessee's cross objection. en-us Fri, 06 Sep 2013 00:00:00 +0530 Sat, 02 Nov 2013 06:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238884 The Tribunal ruled in favor of the assessee in a case concerning the interpretation and application of deduction under section 80 IB (10) of the Act. The revenue's appeal challenging the allowance of the deduction was dismissed. The Tribunal emphasized the assessee's control over the project, assumption of construction costs, and fulfillment of conditions for claiming the deduction as a developer and builder. The Tribunal upheld the CIT(A)'s decision, concluding that the assessee met the requirements under section 80 IB (10) and dismissing both the revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Fri, 06 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238884