https://www.taxtmi.com/caselaws?id=398572 Deduction under section 80IB(10) on a pro-rata basis was examined in light of consistent acceptance in earlier years on identical facts. The commentary states that where the Revenue had accepted the claim in prior assessments, including under section 143(3), and the housing project facts remained unchanged, the deduction should not be denied in a later year absent any material change in fact or law. The operative result recorded is that the disallowance was set aside and the assessee's pro-rata deduction was allowed for the year under consideration. 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 Deduction under section 80IB(10) on a pro-rata basis was examined in light of consistent acceptance in earlier years on identical facts. The commentary states that where the Revenue had accepted the claim in prior assessments, including under section 143(3), and the housing project facts remained unchanged, the deduction should not be denied in a later year absent any material change in fact or law. The operative result recorded is that the disallowance was set aside and the assessee's pro-rata deduction was allowed for the year under consideration. Case-Laws Income Tax Wed, 16 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398572