https://www.taxtmi.com/caselaws?id=346587 The Court upheld the decisions of the Commissioner of Income Tax (CIT) and the Tribunal, ruling against the appellant-assessee in a case concerning entitlement to benefits under Section 80-IB(10) of the Income Tax Act, 1961. The appellant's housing project did not meet the required land area criteria for the deduction, as confirmed by the CIT and Tribunal. The Court affirmed the denial of the benefit of exemption under Section 80-IB(10) based on the actual land area where the project was developed, dismissing the appeal and ruling in favor of the Revenue. en-us Thu, 29 Jun 2017 00:00:00 +0530 Sat, 19 Aug 2017 08:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346587 The Court upheld the decisions of the Commissioner of Income Tax (CIT) and the Tribunal, ruling against the appellant-assessee in a case concerning entitlement to benefits under Section 80-IB(10) of the Income Tax Act, 1961. The appellant's housing project did not meet the required land area criteria for the deduction, as confirmed by the CIT and Tribunal. The Court affirmed the denial of the benefit of exemption under Section 80-IB(10) based on the actual land area where the project was developed, dismissing the appeal and ruling in favor of the Revenue. Case-Laws Income Tax Thu, 29 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346587