https://www.taxtmi.com/caselaws?id=271993 The Tribunal allowed the assessee's appeal, quashing the CIT's order under section 263. The Tribunal found the AO's decision not erroneous or prejudicial, as issues were already addressed by the CIT(A), and commercial area restrictions did not apply retrospectively. The assessee met conditions for deduction under section 80IB(10), including completion within the stipulated time and adherence to built-up area limits. The order was pronounced on 15.01.2016. en-us Fri, 15 Jan 2016 00:00:00 +0530 Wed, 24 Feb 2016 07:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271993 The Tribunal allowed the assessee's appeal, quashing the CIT's order under section 263. The Tribunal found the AO's decision not erroneous or prejudicial, as issues were already addressed by the CIT(A), and commercial area restrictions did not apply retrospectively. The assessee met conditions for deduction under section 80IB(10), including completion within the stipulated time and adherence to built-up area limits. The order was pronounced on 15.01.2016. Case-Laws Income Tax Fri, 15 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271993