https://www.taxtmi.com/caselaws?id=342466 The Tribunal dismissed the Revenue's appeal and upheld the Commissioner of Income-tax (Appeals) order allowing the deduction under Section 80IB(10) of the Income-tax Act, 1961 for the Assessment Year 2010-11. The Tribunal found that the approval for the housing project, even if obtained multiple times, should be considered valid from the date of the first approval by the local authority. This decision was consistent with the jurisdictional High Court's judgment and a previous Co-ordinate Bench decision in the assessee's own case for the preceding year. en-us Tue, 02 May 2017 00:00:00 +0530 Fri, 05 May 2017 07:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342466 The Tribunal dismissed the Revenue's appeal and upheld the Commissioner of Income-tax (Appeals) order allowing the deduction under Section 80IB(10) of the Income-tax Act, 1961 for the Assessment Year 2010-11. The Tribunal found that the approval for the housing project, even if obtained multiple times, should be considered valid from the date of the first approval by the local authority. This decision was consistent with the jurisdictional High Court's judgment and a previous Co-ordinate Bench decision in the assessee's own case for the preceding year. Case-Laws Income Tax Tue, 02 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342466