https://www.taxtmi.com/caselaws?id=284202 The Appellate Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate the project's actual commencement based on construction work initiation to determine eligibility for deduction under section 80IB(10) of the Income Tax Act. The Tribunal emphasized that the approval date by the local authority does not dictate the project's start date; rather, the actual construction work commencement is crucial. The issue was remanded for further verification, highlighting the significance of accurately establishing the project's commencement date for claiming deductions. en-us Wed, 25 Mar 2015 00:00:00 +0530 Thu, 07 Nov 2019 06:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284202 The Appellate Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate the project's actual commencement based on construction work initiation to determine eligibility for deduction under section 80IB(10) of the Income Tax Act. The Tribunal emphasized that the approval date by the local authority does not dictate the project's start date; rather, the actual construction work commencement is crucial. The issue was remanded for further verification, highlighting the significance of accurately establishing the project's commencement date for claiming deductions. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284202