https://www.taxtmi.com/caselaws?id=279122 The Tribunal upheld the CIT (A)'s decision allowing the deduction under section 80IB(10) of the Income Tax Act for the assessee. The Tribunal emphasized the assessee's role as a developer in the housing project, noting their various crucial activities. It was found that the assessee fulfilled the basic conditions for availing the deduction, and the flats were allotted before the new provisions came into force. The Tribunal dismissed the revenue's appeal, affirming the assessee's eligibility for the deduction based on consistent judicial findings and the principle of consistency. en-us Thu, 22 Mar 2018 00:00:00 +0530 Tue, 05 Mar 2019 00:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279122 The Tribunal upheld the CIT (A)'s decision allowing the deduction under section 80IB(10) of the Income Tax Act for the assessee. The Tribunal emphasized the assessee's role as a developer in the housing project, noting their various crucial activities. It was found that the assessee fulfilled the basic conditions for availing the deduction, and the flats were allotted before the new provisions came into force. The Tribunal dismissed the revenue's appeal, affirming the assessee's eligibility for the deduction based on consistent judicial findings and the principle of consistency. Case-Laws Income Tax Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279122