https://www.taxtmi.com/caselaws?id=339487 Deduction under section 80IB(10) is available where an assessee develops and builds an approved housing project on its own account, even if it does not own the land. Ownership of the land is not an express statutory condition. The decisive test is whether the assessee acted as a developer, bearing project risk and exercising control over execution, rather than as a mere works contractor. Applying that principle, the assessee's role in developing the housing project satisfied the provision, so the deduction was correctly allowed and the Revenue's challenge failed. en-us Mon, 20 Feb 2017 00:00:00 +0530 Mon, 27 Feb 2017 21:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339487 Deduction under section 80IB(10) is available where an assessee develops and builds an approved housing project on its own account, even if it does not own the land. Ownership of the land is not an express statutory condition. The decisive test is whether the assessee acted as a developer, bearing project risk and exercising control over execution, rather than as a mere works contractor. Applying that principle, the assessee's role in developing the housing project satisfied the provision, so the deduction was correctly allowed and the Revenue's challenge failed. Case-Laws Income Tax Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339487