https://www.taxtmi.com/caselaws?id=190812 For housing project deductions under section 80IB(10), land earmarked for a development plan road was treated as part of the project and not excluded from the minimum 1-acre plot test, so the reduced net area did not defeat eligibility. The Tribunal also accepted that where the originally approved flats were completed and certified within the prescribed period, while additional flats under a revised plan were completed later, deduction could be allowed on a proportionate basis for the completed portion. Relief was therefore confined to the units completed within time, resulting in partial success for the assessee. en-us Mon, 24 Aug 2015 00:00:00 +0530 Tue, 28 Feb 2017 18:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190812 For housing project deductions under section 80IB(10), land earmarked for a development plan road was treated as part of the project and not excluded from the minimum 1-acre plot test, so the reduced net area did not defeat eligibility. The Tribunal also accepted that where the originally approved flats were completed and certified within the prescribed period, while additional flats under a revised plan were completed later, deduction could be allowed on a proportionate basis for the completed portion. Relief was therefore confined to the units completed within time, resulting in partial success for the assessee. Case-Laws Income Tax Mon, 24 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190812