https://www.taxtmi.com/caselaws?id=191785 The appeal against the CIT (A)'s decision allowing deduction under section 80IB(10) for the construction project "Anant Regency Phase-II" was dismissed. Despite the project not being completed on time, the CIT (A) allowed deduction on a proportionate basis for the partially completed project. The deduction was upheld by the ITAT, citing previous decisions and rulings. The Revenue's appeal challenging the CIT (A)'s decision was rejected, affirming the allowance of deduction for the completed area, even though some units exceeded 1500 sq.ft and the plot area was less than 1 acre. en-us Thu, 31 Jan 2013 00:00:00 +0530 Fri, 21 Apr 2017 18:08:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191785 The appeal against the CIT (A)'s decision allowing deduction under section 80IB(10) for the construction project "Anant Regency Phase-II" was dismissed. Despite the project not being completed on time, the CIT (A) allowed deduction on a proportionate basis for the partially completed project. The deduction was upheld by the ITAT, citing previous decisions and rulings. The Revenue's appeal challenging the CIT (A)'s decision was rejected, affirming the allowance of deduction for the completed area, even though some units exceeded 1500 sq.ft and the plot area was less than 1 acre. Case-Laws Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191785