https://www.taxtmi.com/caselaws?id=272179 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under Section 80IB(10) on a proportionate basis for the completed portions of the housing project "Kumar Paradise." The Tribunal emphasized the legislative intent to encourage residential development and dismissed the Revenue's appeal and the assessee's cross-objection, affirming the deduction for the completed units of the project. en-us Fri, 29 Jan 2016 00:00:00 +0530 Mon, 29 Feb 2016 01:09:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272179 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under Section 80IB(10) on a proportionate basis for the completed portions of the housing project "Kumar Paradise." The Tribunal emphasized the legislative intent to encourage residential development and dismissed the Revenue's appeal and the assessee's cross-objection, affirming the deduction for the completed units of the project. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272179