https://www.taxtmi.com/caselaws?id=282683 The Tribunal upheld the CIT (A)'s decision to allow a 15% rebate on the cost of construction, dismissing the Revenue's appeal. The Tribunal emphasized the importance of considering local rates and self-supervision in determining the cost of construction and referenced previous decisions to justify the rebate. The appeal was dismissed, and the order was pronounced in the Open Court on 30th December 2016. en-us Fri, 30 Dec 2016 00:00:00 +0530 Tue, 20 Aug 2019 06:23:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282683 The Tribunal upheld the CIT (A)'s decision to allow a 15% rebate on the cost of construction, dismissing the Revenue's appeal. The Tribunal emphasized the importance of considering local rates and self-supervision in determining the cost of construction and referenced previous decisions to justify the rebate. The appeal was dismissed, and the order was pronounced in the Open Court on 30th December 2016. Case-Laws Income Tax Fri, 30 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282683