https://www.taxtmi.com/caselaws?id=239542 The ITAT partially allowed the appeal, directing the AO to allow the claim for deduction under Section 80IB(10) on a proportionate basis for units with a built-up area of less than 1500 sq. ft. The units exceeding this limit would not be eligible for the deduction. The decision emphasized the importance of fulfilling all conditions under Section 80IB(10) and endorsed the principle of proportionate deduction for eligible units. en-us Wed, 04 May 2011 00:00:00 +0530 Sat, 16 Nov 2013 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239542 The ITAT partially allowed the appeal, directing the AO to allow the claim for deduction under Section 80IB(10) on a proportionate basis for units with a built-up area of less than 1500 sq. ft. The units exceeding this limit would not be eligible for the deduction. The decision emphasized the importance of fulfilling all conditions under Section 80IB(10) and endorsed the principle of proportionate deduction for eligible units. Case-Laws Income Tax Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239542