https://www.taxtmi.com/caselaws?id=265255 The tribunal upheld the decision of Ld CIT(A) regarding the deduction claimed under sec. 80IB(10) of the Act amounting to Rs. 16.01 crores. The project was deemed to have commenced after 1st October, 1998, based on additional evidence submitted by the assessee, including NOCs obtained post that date. The tribunal emphasized the physical commencement date over the approval date, dismissing the revenue's appeal and highlighting the importance of complying with statutory timelines for project commencement under sec. 80IB(10). en-us Wed, 27 Aug 2014 00:00:00 +0530 Fri, 09 Oct 2015 07:40:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265255 The tribunal upheld the decision of Ld CIT(A) regarding the deduction claimed under sec. 80IB(10) of the Act amounting to Rs. 16.01 crores. The project was deemed to have commenced after 1st October, 1998, based on additional evidence submitted by the assessee, including NOCs obtained post that date. The tribunal emphasized the physical commencement date over the approval date, dismissing the revenue's appeal and highlighting the importance of complying with statutory timelines for project commencement under sec. 80IB(10). Case-Laws Income Tax Wed, 27 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265255