https://www.taxtmi.com/caselaws?id=330930 Deduction under section 80IB(10) was held to depend on participation in developing and building an approved housing project, not on ownership of the land or on approvals standing in the developer's own name. Applying the principles in Radhe Developers and Shakti Corporation, the appellate authority noted that the assessee had undertaken the project under a development agreement, bore the commercial risk, and carried full responsibility for execution. On that basis, the assessee was entitled to the deduction and the Revenue's challenge failed. en-us Wed, 29 Jun 2016 00:00:00 +0530 Tue, 09 Aug 2016 12:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330930 Deduction under section 80IB(10) was held to depend on participation in developing and building an approved housing project, not on ownership of the land or on approvals standing in the developer's own name. Applying the principles in Radhe Developers and Shakti Corporation, the appellate authority noted that the assessee had undertaken the project under a development agreement, bore the commercial risk, and carried full responsibility for execution. On that basis, the assessee was entitled to the deduction and the Revenue's challenge failed. Case-Laws Income Tax Wed, 29 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330930