https://www.taxtmi.com/caselaws?id=179328 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee's project qualified for deduction under Section 80-IB(10) as it commenced after obtaining development rights and building plan approval in 2004. The Tribunal emphasized the importance of distinguishing between layout plan and building plan approvals, stating that the latter marks the actual project commencement. The revenue's appeal was dismissed, affirming the assessee's eligibility for the deduction. en-us Wed, 18 Apr 2012 00:00:00 +0530 Sat, 01 Jul 2017 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179328 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee's project qualified for deduction under Section 80-IB(10) as it commenced after obtaining development rights and building plan approval in 2004. The Tribunal emphasized the importance of distinguishing between layout plan and building plan approvals, stating that the latter marks the actual project commencement. The revenue's appeal was dismissed, affirming the assessee's eligibility for the deduction. Case-Laws Income Tax Wed, 18 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179328