https://www.taxtmi.com/caselaws?id=398572 The Tribunal allowed the appeal of the assessee, a Builder and Developer firm, regarding the disallowance of deduction u/s. 80IB(10) for the assessment year 2013-14. The Tribunal held that the denial of deduction was not justified based on the principle of consistency in granting deductions in earlier years. Since there was no change in facts and the revenue had not provided any reason for denial, the assessee was entitled to claim the deduction on a pro-rata basis. The appeal was allowed in favor of the assessee. en-us Wed, 16 Sep 2020 00:00:00 +0530 Fri, 18 Sep 2020 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398572 The Tribunal allowed the appeal of the assessee, a Builder and Developer firm, regarding the disallowance of deduction u/s. 80IB(10) for the assessment year 2013-14. The Tribunal held that the denial of deduction was not justified based on the principle of consistency in granting deductions in earlier years. Since there was no change in facts and the revenue had not provided any reason for denial, the assessee was entitled to claim the deduction on a pro-rata basis. The appeal was allowed in favor of the assessee. Case-Laws Income Tax Wed, 16 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398572