https://www.taxtmi.com/caselaws?id=329783 The ITAT dismissed the Revenue's appeal and the Assessee's Cross-Objection, upholding the Commissioner of Income-Tax (Appeals) decision in favor of the Assessee regarding the deduction u/s.80IB(10) for Assessment Year 2006-07. The ITAT found that the Assessee had acquired dominant control over the land, borne all costs and risks, and fulfilled all necessary conditions for claiming the deduction, as supported by the Development Agreement and a previous decision by the ITAT Ahmedabad. en-us Fri, 03 Jun 2016 00:00:00 +0530 Sat, 09 Jul 2016 11:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329783 The ITAT dismissed the Revenue's appeal and the Assessee's Cross-Objection, upholding the Commissioner of Income-Tax (Appeals) decision in favor of the Assessee regarding the deduction u/s.80IB(10) for Assessment Year 2006-07. The ITAT found that the Assessee had acquired dominant control over the land, borne all costs and risks, and fulfilled all necessary conditions for claiming the deduction, as supported by the Development Agreement and a previous decision by the ITAT Ahmedabad. Case-Laws Income Tax Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329783