https://www.taxtmi.com/caselaws?id=191307 A Gram Panchayat competent under section 52 of the Bombay Village Panchayat Act, 1958 to sanction construction within village limits can constitute the local authority approval required for deduction under section 80IB(10). The Tribunal noted that the issue had already been accepted in the assessee's earlier years and followed coordinate Bench views treating Gram Panchayat approval as sufficient where the factual matrix showed development of residential units. On that basis, the claim for deduction was upheld. en-us Fri, 30 Oct 2015 00:00:00 +0530 Thu, 30 Mar 2017 09:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191307 A Gram Panchayat competent under section 52 of the Bombay Village Panchayat Act, 1958 to sanction construction within village limits can constitute the local authority approval required for deduction under section 80IB(10). The Tribunal noted that the issue had already been accepted in the assessee's earlier years and followed coordinate Bench views treating Gram Panchayat approval as sufficient where the factual matrix showed development of residential units. On that basis, the claim for deduction was upheld. Case-Laws Income Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191307