https://www.taxtmi.com/caselaws?id=258007 The High Court upheld the ITAT's decision, confirming the respondent-assessee's entitlement to a deduction under Section 80-IB(10) of the Income Tax Act, 1961. The court determined that the assessee functioned as a developer, engaging in substantial development activities beyond mere construction work. The court dismissed the revenue's appeals, emphasizing the importance of the actual activities undertaken by the assessee in qualifying for the deduction, rather than formal labels or paperwork. en-us Wed, 18 Mar 2015 00:00:00 +0530 Tue, 11 Aug 2015 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258007 The High Court upheld the ITAT's decision, confirming the respondent-assessee's entitlement to a deduction under Section 80-IB(10) of the Income Tax Act, 1961. The court determined that the assessee functioned as a developer, engaging in substantial development activities beyond mere construction work. The court dismissed the revenue's appeals, emphasizing the importance of the actual activities undertaken by the assessee in qualifying for the deduction, rather than formal labels or paperwork. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258007