https://www.taxtmi.com/caselaws?id=190794 The Tribunal dismissed the Revenue's appeal and allowed the assessee's cross-objection, confirming the eligibility for deduction under Section 80IB(10) on a pro-rata basis for units complying with the built-up area limit. The definition of 'built-up area' effective from 01-04-2005 does not apply to projects sanctioned before this date. Projections, balconies, and open terraces should not be included in the built-up area for projects approved prior to 01-04-2005. en-us Wed, 03 Feb 2016 00:00:00 +0530 Mon, 27 Feb 2017 20:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190794 The Tribunal dismissed the Revenue's appeal and allowed the assessee's cross-objection, confirming the eligibility for deduction under Section 80IB(10) on a pro-rata basis for units complying with the built-up area limit. The definition of 'built-up area' effective from 01-04-2005 does not apply to projects sanctioned before this date. Projections, balconies, and open terraces should not be included in the built-up area for projects approved prior to 01-04-2005. Case-Laws Income Tax Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190794