https://www.taxtmi.com/caselaws?id=260536 The High Court held that the project, approved before 1/4/2005, was eligible for deduction under Section 80IB(10) for both residential and commercial areas, as long as the commercial area complied with local development rules. The court affirmed that the amended provisions of Section 80IB(10)(d) did not apply retrospectively to projects approved before 1/4/2005. The appeal by the revenue was dismissed as no substantial questions of law arose, with the CIT(A) and ITAT correctly applying the law. en-us Tue, 05 May 2015 00:00:00 +0530 Tue, 16 Jun 2015 08:36:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260536 The High Court held that the project, approved before 1/4/2005, was eligible for deduction under Section 80IB(10) for both residential and commercial areas, as long as the commercial area complied with local development rules. The court affirmed that the amended provisions of Section 80IB(10)(d) did not apply retrospectively to projects approved before 1/4/2005. The appeal by the revenue was dismissed as no substantial questions of law arose, with the CIT(A) and ITAT correctly applying the law. Case-Laws Income Tax Tue, 05 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260536