https://www.taxtmi.com/caselaws?id=243327 The court upheld the decision of the ITAT, ruling that the benefit of Section 80IB(10) should be granted to the assessee despite the absence of a completion certificate issued by the local authority. The court emphasized that the requirement for a completion certificate was prospective and not applicable to projects approved before April 1, 2005. It was noted that the law in force at the time of project approval should govern the case, and the assessee should not be penalized for the local authority's failure to issue the certificate. The court dismissed the revenue's appeal, finding no substantial question of law to consider. en-us Wed, 22 Jan 2014 00:00:00 +0530 Tue, 16 Jun 2015 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243327 The court upheld the decision of the ITAT, ruling that the benefit of Section 80IB(10) should be granted to the assessee despite the absence of a completion certificate issued by the local authority. The court emphasized that the requirement for a completion certificate was prospective and not applicable to projects approved before April 1, 2005. It was noted that the law in force at the time of project approval should govern the case, and the assessee should not be penalized for the local authority's failure to issue the certificate. The court dismissed the revenue's appeal, finding no substantial question of law to consider. Case-Laws Income Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243327