https://www.taxtmi.com/caselaws?id=339416 The Tribunal upheld the CIT(A)'s decisions, dismissing the Revenue's appeals for AYs 2010-11 and 2008-09. It allowed the assessee's Cross Objections, clarifying that projections should not be included in the built-up area for projects approved pre-01.04.2005. Consequently, the assessee was entitled to claim the deduction for the entire project, leading to the rejection of the Revenue's challenges regarding excess built-up area. The reassessment for AY 2008-09 mirrored the issues of AY 2010-11, resulting in the dismissal of the Revenue's appeal and the allowance of the assessee's Cross Objections. en-us Wed, 15 Feb 2017 00:00:00 +0530 Mon, 27 Feb 2017 10:38:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339416 The Tribunal upheld the CIT(A)'s decisions, dismissing the Revenue's appeals for AYs 2010-11 and 2008-09. It allowed the assessee's Cross Objections, clarifying that projections should not be included in the built-up area for projects approved pre-01.04.2005. Consequently, the assessee was entitled to claim the deduction for the entire project, leading to the rejection of the Revenue's challenges regarding excess built-up area. The reassessment for AY 2008-09 mirrored the issues of AY 2010-11, resulting in the dismissal of the Revenue's appeal and the allowance of the assessee's Cross Objections. Case-Laws Income Tax Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339416