https://www.taxtmi.com/caselaws?id=255353 The Tribunal allowed both appeals of the Assessee, directing the AO to allow the deduction claimed under Section 80IB(10) and delete the disallowance made. The Tribunal concluded that the authorities below were not justified in rejecting the claim based on a provision that came into force after the allotment of the residential units. The Tribunal also emphasized the need for a purposive interpretation of the provisions of the Act while considering claims for exemption from tax. en-us Fri, 02 Jan 2015 00:00:00 +0530 Mon, 18 May 2015 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255353 The Tribunal allowed both appeals of the Assessee, directing the AO to allow the deduction claimed under Section 80IB(10) and delete the disallowance made. The Tribunal concluded that the authorities below were not justified in rejecting the claim based on a provision that came into force after the allotment of the residential units. The Tribunal also emphasized the need for a purposive interpretation of the provisions of the Act while considering claims for exemption from tax. Case-Laws Income Tax Fri, 02 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255353