https://www.taxtmi.com/caselaws?id=257516 The High Court dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's decision, upholding the assessee's entitlement to deduction under Section 80IB. The Court considered the interconnected projects as one single housing project, exceeding the minimum area requirement specified in the provision. Relying on precedent and the interpretation of Section 80-IB, the Court ruled in favor of the assessee, emphasizing the alignment of the projects with the law's requirements. The judgment awarded no costs to either party. en-us Fri, 02 Nov 2012 00:00:00 +0530 Sat, 14 Mar 2015 06:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257516 The High Court dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's decision, upholding the assessee's entitlement to deduction under Section 80IB. The Court considered the interconnected projects as one single housing project, exceeding the minimum area requirement specified in the provision. Relying on precedent and the interpretation of Section 80-IB, the Court ruled in favor of the assessee, emphasizing the alignment of the projects with the law's requirements. The judgment awarded no costs to either party. Case-Laws Income Tax Fri, 02 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257516