https://www.taxtmi.com/caselaws?id=240967 The Tribunal found discrepancies in the assessment order regarding the size of flats in a project, leading to a denovo assessment for fair verification. The Tribunal emphasized compliance with procedural requirements and fair play in determining eligibility for deductions under section 80(IB)(10). Additionally, the Tribunal upheld the entitlement for a deduction under section 80IB for profit from the sale of the car parking area. Violations of natural justice by the assessing officer and the CIT(A) were noted, prompting the direction for a denovo assessment to ensure proper examination of evidence and fair play in the assessment proceedings. en-us Fri, 01 Feb 2013 00:00:00 +0530 Sun, 15 Dec 2013 10:29:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240967 The Tribunal found discrepancies in the assessment order regarding the size of flats in a project, leading to a denovo assessment for fair verification. The Tribunal emphasized compliance with procedural requirements and fair play in determining eligibility for deductions under section 80(IB)(10). Additionally, the Tribunal upheld the entitlement for a deduction under section 80IB for profit from the sale of the car parking area. Violations of natural justice by the assessing officer and the CIT(A) were noted, prompting the direction for a denovo assessment to ensure proper examination of evidence and fair play in the assessment proceedings. Case-Laws Income Tax Fri, 01 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240967