https://www.taxtmi.com/caselaws?id=257520 The High Court upheld the Tribunal's decision that the assessee qualified for a deduction under Section 80IB(10) despite separate permits for different blocks on the same land. The project was deemed a composite housing scheme meeting statutory requirements, entitling the assessee to the deduction. The Court emphasized that if a project is approved as a housing project and complies with Section 80IB conditions, deductions cannot be denied based on separate permits for different blocks. The Revenue's appeal was dismissed, affirming the Tribunal's decision based on legal interpretations and precedents. en-us Mon, 09 Mar 2015 00:00:00 +0530 Wed, 12 Aug 2015 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257520 The High Court upheld the Tribunal's decision that the assessee qualified for a deduction under Section 80IB(10) despite separate permits for different blocks on the same land. The project was deemed a composite housing scheme meeting statutory requirements, entitling the assessee to the deduction. The Court emphasized that if a project is approved as a housing project and complies with Section 80IB conditions, deductions cannot be denied based on separate permits for different blocks. The Revenue's appeal was dismissed, affirming the Tribunal's decision based on legal interpretations and precedents. Case-Laws Income Tax Mon, 09 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257520