https://www.taxtmi.com/caselaws?id=200703 The Tribunal partially allowed all three appeals filed by the assessee for statistical purposes, determining that rental income under the "leave and license system" was eligible for deduction under section 80IB(10) of the Act as it had a direct nexus to the housing project. The Tribunal remanded the issue of miscellaneous income for fresh adjudication. The Tribunal dismissed the levy of interest under section 234B of the Act as academic. The judgments provided clarity on tax law provisions, ensuring a fair outcome. en-us Wed, 29 Oct 2014 00:00:00 +0530 Mon, 16 Apr 2018 06:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200703 The Tribunal partially allowed all three appeals filed by the assessee for statistical purposes, determining that rental income under the "leave and license system" was eligible for deduction under section 80IB(10) of the Act as it had a direct nexus to the housing project. The Tribunal remanded the issue of miscellaneous income for fresh adjudication. The Tribunal dismissed the levy of interest under section 234B of the Act as academic. The judgments provided clarity on tax law provisions, ensuring a fair outcome. Case-Laws Income Tax Wed, 29 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200703