https://www.taxtmi.com/caselaws?id=181029 The Tribunal allowed the appeal, overturning the CIT(A)'s decision to disallow the deduction under section 80IB(10) for the Vidhi Complex project. The Tribunal held that the plot area calculation should not exclude certain spaces, directing the AO to verify the commercial area separately. The presence of commercial area in another project did not affect the eligibility for the deduction in this case. The AO was instructed to allow the deduction after confirming the commercial area in the Vidhi Complex project. en-us Fri, 15 Jul 2011 00:00:00 +0530 Wed, 06 Apr 2016 10:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181029 The Tribunal allowed the appeal, overturning the CIT(A)'s decision to disallow the deduction under section 80IB(10) for the Vidhi Complex project. The Tribunal held that the plot area calculation should not exclude certain spaces, directing the AO to verify the commercial area separately. The presence of commercial area in another project did not affect the eligibility for the deduction in this case. The AO was instructed to allow the deduction after confirming the commercial area in the Vidhi Complex project. Case-Laws Income Tax Fri, 15 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181029