https://www.taxtmi.com/caselaws?id=179860 The ITAT upheld the CIT (A)'s decision, allowing the deduction u/s 80IB(10) to the assessee, a Hindu Undivided Family (HUF) engaged in real estate. The Revenue's appeal was dismissed as the project, Shiv Amrut Dham, met all conditions under section 80IB(10), including timely completion and adherence to commercial area limits. The judgment emphasized a liberal interpretation of the provision in favor of the assessee, aligning with legislative intent and prior judicial precedents. en-us Mon, 31 Dec 2012 00:00:00 +0530 Thu, 10 Mar 2016 18:24:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179860 The ITAT upheld the CIT (A)'s decision, allowing the deduction u/s 80IB(10) to the assessee, a Hindu Undivided Family (HUF) engaged in real estate. The Revenue's appeal was dismissed as the project, Shiv Amrut Dham, met all conditions under section 80IB(10), including timely completion and adherence to commercial area limits. The judgment emphasized a liberal interpretation of the provision in favor of the assessee, aligning with legislative intent and prior judicial precedents. Case-Laws Income Tax Mon, 31 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179860