https://www.taxtmi.com/caselaws?id=180932 The Appellate Tribunal ITAT Ahmedabad dismissed the Revenue's appeal against the order of Learned CIT(Appeals)-XV, Ahmedabad directing deduction u/s.80IB(10) for Assessment Year 2007-08. The Tribunal upheld that the assessee fulfilled the conditions for claiming the deduction based on the development agreement and ownership structure as per the precedent decisions of ITAT Ahmedabad. The assessee had dominant control over the project and bore the investment risk, making it eligible for the deduction. The Revenue's appeal was therefore dismissed. en-us Fri, 30 Dec 2011 00:00:00 +0530 Mon, 04 Apr 2016 17:02:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180932 The Appellate Tribunal ITAT Ahmedabad dismissed the Revenue's appeal against the order of Learned CIT(Appeals)-XV, Ahmedabad directing deduction u/s.80IB(10) for Assessment Year 2007-08. The Tribunal upheld that the assessee fulfilled the conditions for claiming the deduction based on the development agreement and ownership structure as per the precedent decisions of ITAT Ahmedabad. The assessee had dominant control over the project and bore the investment risk, making it eligible for the deduction. The Revenue's appeal was therefore dismissed. Case-Laws Income Tax Fri, 30 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180932