https://www.taxtmi.com/caselaws?id=341325 The assessee's appeal for the assessment year 2006-07 challenging the order under section 153C r.w.s. 143(3) was dismissed. For the entitlement to deduction under section 80IB(10), the completion of the project within the stipulated time frame was accepted, allowing prorata deduction for compliant flats and additional income from the project. However, deductions were denied for flats exceeding 1000 sq.ft. and unproved purchases. Unrecorded expenses were subject to verification, and unaccounted cash receipts were partially upheld. Appeals for subsequent assessment years had mixed outcomes. en-us Fri, 31 Mar 2017 00:00:00 +0530 Wed, 05 Apr 2017 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341325 The assessee's appeal for the assessment year 2006-07 challenging the order under section 153C r.w.s. 143(3) was dismissed. For the entitlement to deduction under section 80IB(10), the completion of the project within the stipulated time frame was accepted, allowing prorata deduction for compliant flats and additional income from the project. However, deductions were denied for flats exceeding 1000 sq.ft. and unproved purchases. Unrecorded expenses were subject to verification, and unaccounted cash receipts were partially upheld. Appeals for subsequent assessment years had mixed outcomes. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341325