https://www.taxtmi.com/caselaws?id=350237 The Income Tax Appellate Tribunal (ITAT) allowed the assessee's appeal, directing the Assessing Officer to grant the deduction under section 80IB(10) for the entire project. The ITAT upheld the pro-rata deduction for units that complied with the conditions of section 80IB(10). The ITAT's decision was based on the exclusion of architectural projections from the built-up area calculations and previous judicial decisions supporting pro-rata deductions. The Revenue's appeal was dismissed, affirming the CIT(A)'s decision. en-us Fri, 27 Oct 2017 00:00:00 +0530 Thu, 02 Nov 2017 08:03:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350237 The Income Tax Appellate Tribunal (ITAT) allowed the assessee's appeal, directing the Assessing Officer to grant the deduction under section 80IB(10) for the entire project. The ITAT upheld the pro-rata deduction for units that complied with the conditions of section 80IB(10). The ITAT's decision was based on the exclusion of architectural projections from the built-up area calculations and previous judicial decisions supporting pro-rata deductions. The Revenue's appeal was dismissed, affirming the CIT(A)'s decision. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350237