https://www.taxtmi.com/caselaws?id=329929 For deduction under Section 80IB(10), the decisive test is whether the assessee in substance developed and built the housing project and bore its risk and cost, not whether the local authority approval or completion certificate stood in the landowner's name. The Gujarat HC followed its earlier rulings and held that formal title in the land or approval documents issued to the original landowner did not defeat eligibility where the assessee was the developer. On facts found identical to earlier cases, the deduction was upheld in favour of the assessee and against the Revenue. en-us Thu, 30 Jun 2016 00:00:00 +0530 Wed, 13 Jul 2016 12:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329929 For deduction under Section 80IB(10), the decisive test is whether the assessee in substance developed and built the housing project and bore its risk and cost, not whether the local authority approval or completion certificate stood in the landowner's name. The Gujarat HC followed its earlier rulings and held that formal title in the land or approval documents issued to the original landowner did not defeat eligibility where the assessee was the developer. On facts found identical to earlier cases, the deduction was upheld in favour of the assessee and against the Revenue. Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329929