https://www.taxtmi.com/caselaws?id=398212 The Court upheld the decision to grant relief under Section 80IB (10) for completed blocks in a housing project, emphasizing compliance with statutory conditions and the Completion Certificate. The Tribunal's approval of the deduction for two completed blocks out of five was deemed appropriate, as the project met the specified criteria, including maximum built-up area requirements. The Court found no legal basis to challenge the relief granted for incomplete blocks, as all conditions were satisfied, and documentary evidence was deemed sufficient. The Tax Case Appeal was dismissed, with no substantial legal issues identified for further consideration. en-us Wed, 26 Aug 2020 00:00:00 +0530 Wed, 09 Sep 2020 11:14:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398212 The Court upheld the decision to grant relief under Section 80IB (10) for completed blocks in a housing project, emphasizing compliance with statutory conditions and the Completion Certificate. The Tribunal's approval of the deduction for two completed blocks out of five was deemed appropriate, as the project met the specified criteria, including maximum built-up area requirements. The Court found no legal basis to challenge the relief granted for incomplete blocks, as all conditions were satisfied, and documentary evidence was deemed sufficient. The Tax Case Appeal was dismissed, with no substantial legal issues identified for further consideration. Case-Laws Income Tax Wed, 26 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398212