https://www.taxtmi.com/caselaws?id=293288 The Tribunal allowed the deduction under section 80IB(10) of the Income Tax Act for the assessee, emphasizing that the actual plot measurement exceeding one acre, inclusive of the area reserved for a DP road, met the eligibility criteria. The decision overturned the CIT(A)'s denial, highlighting the importance of the total plot area exceeding one acre for claiming the deduction. The judgment clarified that compliance with municipal requirements, including setting aside land for amenities, did not affect the entitlement to the deduction as long as the basic condition of plot size was satisfied. en-us Fri, 20 Apr 2018 00:00:00 +0530 Wed, 03 Feb 2021 06:52:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293288 The Tribunal allowed the deduction under section 80IB(10) of the Income Tax Act for the assessee, emphasizing that the actual plot measurement exceeding one acre, inclusive of the area reserved for a DP road, met the eligibility criteria. The decision overturned the CIT(A)'s denial, highlighting the importance of the total plot area exceeding one acre for claiming the deduction. The judgment clarified that compliance with municipal requirements, including setting aside land for amenities, did not affect the entitlement to the deduction as long as the basic condition of plot size was satisfied. Case-Laws Income Tax Fri, 20 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293288