https://www.taxtmi.com/caselaws?id=241345 The Revenue's appeal challenging the deduction u/s. 80IB(10) for exceeding the commercial area limit was dismissed. The CIT(A)'s decision allowing the deduction was upheld, emphasizing judicial consistency and precedents. The dispute over the commercial area exceeding 2000 sq.ft. centered on the gymnasium area inclusion, which the assessee argued was part of common amenities, not for commercial purposes. The decision highlighted the project's compliance with commercial area limits and rejected the Revenue's appeal, affirming the assessee's eligibility for the deduction. en-us Fri, 23 Aug 2013 00:00:00 +0530 Sat, 21 Dec 2013 08:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241345 The Revenue's appeal challenging the deduction u/s. 80IB(10) for exceeding the commercial area limit was dismissed. The CIT(A)'s decision allowing the deduction was upheld, emphasizing judicial consistency and precedents. The dispute over the commercial area exceeding 2000 sq.ft. centered on the gymnasium area inclusion, which the assessee argued was part of common amenities, not for commercial purposes. The decision highlighted the project's compliance with commercial area limits and rejected the Revenue's appeal, affirming the assessee's eligibility for the deduction. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241345