https://www.taxtmi.com/caselaws?id=352035 The Tribunal ruled in favor of the assessee in a case involving eligibility for deductions under section 80IB. The Tribunal held that club membership fees and electrical installation charges were integral to the housing project and eligible for deduction. It also determined that amendments disqualifying deductions for sales to the same individual or related persons did not apply retroactively to the assessee's project. The Tribunal found no error in the AO's assessment and allowed the assessee's appeal, setting aside the Principal CIT's order. en-us Thu, 30 Nov 2017 00:00:00 +0530 Wed, 06 Dec 2017 08:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352035 The Tribunal ruled in favor of the assessee in a case involving eligibility for deductions under section 80IB. The Tribunal held that club membership fees and electrical installation charges were integral to the housing project and eligible for deduction. It also determined that amendments disqualifying deductions for sales to the same individual or related persons did not apply retroactively to the assessee's project. The Tribunal found no error in the AO's assessment and allowed the assessee's appeal, setting aside the Principal CIT's order. Case-Laws Income Tax Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352035