https://www.taxtmi.com/caselaws?id=184322 The ITAT partially allowed the appeals for statistical purposes. The denial of deduction under section 80IB(10) based on the built-up area exceeding 1500 sq.fts was set aside for fresh consideration due to supporting findings in other assessment years. The levy of interest under sections 234B and 234D was upheld as mandatory, with no submissions from the assessee. Concerns over penalty proceedings under section 271(1)(c) were dismissed due to the inability to appeal against the initiation of penalties. No additional grounds were raised, resulting in the dismissal of the residuary ground. en-us Fri, 22 Jul 2011 00:00:00 +0530 Tue, 05 Jul 2016 16:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184322 The ITAT partially allowed the appeals for statistical purposes. The denial of deduction under section 80IB(10) based on the built-up area exceeding 1500 sq.fts was set aside for fresh consideration due to supporting findings in other assessment years. The levy of interest under sections 234B and 234D was upheld as mandatory, with no submissions from the assessee. Concerns over penalty proceedings under section 271(1)(c) were dismissed due to the inability to appeal against the initiation of penalties. No additional grounds were raised, resulting in the dismissal of the residuary ground. Case-Laws Income Tax Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184322