https://www.taxtmi.com/caselaws?id=347076 The Tribunal allowed the appeals of the assessees, overturning the CIT(A)'s disallowance of the deduction under section 80IB(10) of the Income Tax Act. The Tribunal considered the architect's certificate as crucial evidence of project completion, emphasizing that delays in obtaining the occupancy certificate should not penalize the assessees if all other statutory requirements are met. Relying on legal principles established by the High Court, the Tribunal held that the completion certificate submitted to the municipal authority sufficed to claim the deduction. en-us Wed, 23 Aug 2017 00:00:00 +0530 Mon, 28 Aug 2017 10:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347076 The Tribunal allowed the appeals of the assessees, overturning the CIT(A)'s disallowance of the deduction under section 80IB(10) of the Income Tax Act. The Tribunal considered the architect's certificate as crucial evidence of project completion, emphasizing that delays in obtaining the occupancy certificate should not penalize the assessees if all other statutory requirements are met. Relying on legal principles established by the High Court, the Tribunal held that the completion certificate submitted to the municipal authority sufficed to claim the deduction. Case-Laws Income Tax Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347076