https://www.taxtmi.com/caselaws?id=291980 The appeals were dismissed, upholding the Commissioner's order disallowing proportionate deduction under sec. 80IB of the Act and disallowing deduction under sec. 80IB(10) on a proportionate basis. The Assessing Officer's disallowance of the deduction under sec. 80IB(10) in various assessment years due to the construction of residential units exceeding the permissible size was upheld. The Commissioner allowed proportionate deduction under sec. 80IB(10) based on a decision of the Hon'ble Madras High Court in a similar case, with no contrary decisions in favor of the Revenue or the assessee regarding the deduction under sec. 80IB(10. en-us Tue, 14 Jul 2015 00:00:00 +0530 Fri, 16 Sep 2022 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291980 The appeals were dismissed, upholding the Commissioner's order disallowing proportionate deduction under sec. 80IB of the Act and disallowing deduction under sec. 80IB(10) on a proportionate basis. The Assessing Officer's disallowance of the deduction under sec. 80IB(10) in various assessment years due to the construction of residential units exceeding the permissible size was upheld. The Commissioner allowed proportionate deduction under sec. 80IB(10) based on a decision of the Hon'ble Madras High Court in a similar case, with no contrary decisions in favor of the Revenue or the assessee regarding the deduction under sec. 80IB(10. Case-Laws Income Tax Tue, 14 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291980