https://www.taxtmi.com/caselaws?id=274557 The High Court reviewed two appeals challenging the Tribunal's decision on deductions under Section 80IB(10) for the appellants. The court focused on whether the appellants met the statutory requirements for development and construction of the housing project. It referred to a previous judgment and remitted the matter to the Tribunal for further consideration. Additionally, the court interpreted the term "housing project" under Section 80IB(10) favoring the assessee, leading to the dismissal of the appeals. The court's decision provided a detailed analysis and relied on legal precedents, ultimately ruling in favor of the assessee. en-us Tue, 04 Jul 2017 00:00:00 +0530 Wed, 22 Aug 2018 07:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274557 The High Court reviewed two appeals challenging the Tribunal's decision on deductions under Section 80IB(10) for the appellants. The court focused on whether the appellants met the statutory requirements for development and construction of the housing project. It referred to a previous judgment and remitted the matter to the Tribunal for further consideration. Additionally, the court interpreted the term "housing project" under Section 80IB(10) favoring the assessee, leading to the dismissal of the appeals. The court's decision provided a detailed analysis and relied on legal precedents, ultimately ruling in favor of the assessee. Case-Laws Income Tax Tue, 04 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274557