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    <title>2013 (3) TMI 801 - BOMBAY HIGH COURT</title>
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    <description>The High Court admitted the appeal on the issue of disallowance under section 80IB of the Income Tax Act, 1961 on sale proceeds of stilt parking and common office expenses of the Poiser Project. The Tribunal&#039;s decision to delete the disallowance was upheld as the assessee maintained separate accounts for the projects, and no defects were found in the accounting. However, the High Court did not entertain the issue of common expenses between the Poiser Project and Saki Naka Project, as it was based on factual findings.</description>
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    <pubDate>Thu, 07 Mar 2013 00:00:00 +0530</pubDate>
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      <title>2013 (3) TMI 801 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=277962</link>
      <description>The High Court admitted the appeal on the issue of disallowance under section 80IB of the Income Tax Act, 1961 on sale proceeds of stilt parking and common office expenses of the Poiser Project. The Tribunal&#039;s decision to delete the disallowance was upheld as the assessee maintained separate accounts for the projects, and no defects were found in the accounting. However, the High Court did not entertain the issue of common expenses between the Poiser Project and Saki Naka Project, as it was based on factual findings.</description>
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      <pubDate>Thu, 07 Mar 2013 00:00:00 +0530</pubDate>
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