https://www.taxtmi.com/caselaws?id=247781 The High Court upheld the Tribunal's decision to allow the deduction under Section 80IB(10), emphasizing that ownership of land is not a prerequisite for claiming the deduction. The Court recognized the assessee as a developer with full control and responsibility over the project, dismissing the Revenue's appeal. The Court criticized the Revenue's litigious approach and stressed the importance of respecting settled legal precedents in concluding legal proceedings. en-us Wed, 07 May 2014 00:00:00 +0530 Thu, 30 Jul 2015 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247781 The High Court upheld the Tribunal's decision to allow the deduction under Section 80IB(10), emphasizing that ownership of land is not a prerequisite for claiming the deduction. The Court recognized the assessee as a developer with full control and responsibility over the project, dismissing the Revenue's appeal. The Court criticized the Revenue's litigious approach and stressed the importance of respecting settled legal precedents in concluding legal proceedings. Case-Laws Income Tax Wed, 07 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247781