https://www.taxtmi.com/caselaws?id=278100 The Delhi High Court upheld the decision of the lower authorities in a case concerning the disallowance of deduction under Section 80 IB(10) of the Income Tax Act for the Assessment Year 2009-10. The court found the interpretation of sub-clause (c) of clause (10) by the CIT(A) and the ITAT to be reasonable, allowing the deduction proportionately based on the number of residential units meeting the specified requirements. The appeal by the Revenue was dismissed, affirming the allowance of the deduction for compliant residential units. en-us Wed, 29 Jul 2015 00:00:00 +0530 Wed, 09 Jan 2019 06:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278100 The Delhi High Court upheld the decision of the lower authorities in a case concerning the disallowance of deduction under Section 80 IB(10) of the Income Tax Act for the Assessment Year 2009-10. The court found the interpretation of sub-clause (c) of clause (10) by the CIT(A) and the ITAT to be reasonable, allowing the deduction proportionately based on the number of residential units meeting the specified requirements. The appeal by the Revenue was dismissed, affirming the allowance of the deduction for compliant residential units. Case-Laws Income Tax Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278100