https://www.taxtmi.com/caselaws?id=350805 The High Court dismissed the Revenue's appeals, affirming the ITAT's decisions based on authoritative pronouncements in previous cases. The Court held that housing projects approved by local authorities, even with commercial elements and partial completions, are eligible for deductions under Section 80IB(10). Additionally, the Court upheld the ITAT's findings on profit margins and construction costs, finding no substantial legal issues to intervene. en-us Mon, 25 Sep 2017 00:00:00 +0530 Mon, 23 Jul 2018 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350805 The High Court dismissed the Revenue's appeals, affirming the ITAT's decisions based on authoritative pronouncements in previous cases. The Court held that housing projects approved by local authorities, even with commercial elements and partial completions, are eligible for deductions under Section 80IB(10). Additionally, the Court upheld the ITAT's findings on profit margins and construction costs, finding no substantial legal issues to intervene. Case-Laws Income Tax Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350805