https://www.taxtmi.com/caselaws?id=379949 The Tribunal upheld the CIT(A)'s decision, allowing deductions under Section 80IB(10) on a pro rata basis for projects "Kumar Shantiniketan" and "Kumar Kruti." The appeals by the Revenue were dismissed as the CIT(A)'s decision aligned with previous Tribunal rulings, with no contradictory evidence presented. The approach of pro rata deduction for qualifying residential units and recognizing "Kumar Kruti" as an independent project for tax purposes was affirmed. en-us Tue, 26 Mar 2019 00:00:00 +0530 Fri, 10 May 2019 07:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379949 The Tribunal upheld the CIT(A)'s decision, allowing deductions under Section 80IB(10) on a pro rata basis for projects "Kumar Shantiniketan" and "Kumar Kruti." The appeals by the Revenue were dismissed as the CIT(A)'s decision aligned with previous Tribunal rulings, with no contradictory evidence presented. The approach of pro rata deduction for qualifying residential units and recognizing "Kumar Kruti" as an independent project for tax purposes was affirmed. Case-Laws Income Tax Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379949