https://www.taxtmi.com/caselaws?id=178740 The Tribunal allowed the appeal, directing the AO to grant deduction under Section 80IB(10) to the appellant. The Tribunal found that the appellant fulfilled the conditions and requirements of the section, including acquiring dominant rights over the land and developing the housing project. The inclusion of the open terrace in the built-up area was deemed justified, although certain units exceeded the prescribed limit. However, discrepancies in survey numbers indicated a violation of Section 80IB(10)(a) conditions. The Tribunal emphasized a liberal interpretation of the provision in line with judicial precedents. en-us Thu, 19 May 2011 00:00:00 +0530 Thu, 11 Feb 2016 18:11:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178740 The Tribunal allowed the appeal, directing the AO to grant deduction under Section 80IB(10) to the appellant. The Tribunal found that the appellant fulfilled the conditions and requirements of the section, including acquiring dominant rights over the land and developing the housing project. The inclusion of the open terrace in the built-up area was deemed justified, although certain units exceeded the prescribed limit. However, discrepancies in survey numbers indicated a violation of Section 80IB(10)(a) conditions. The Tribunal emphasized a liberal interpretation of the provision in line with judicial precedents. Case-Laws Income Tax Thu, 19 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178740