https://www.taxtmi.com/caselaws?id=294663 The CIT(Appeals) allowed the assessee's appeal regarding the denial of deduction under Section 80-IB(10) due to certain units exceeding 1500 sq.ft. The CIT(Appeals) directed the Assessing Officer to grant the deduction claimed, except for the units exceeding the limit. The decision was supported by a previous ruling of the jurisdictional High Court, emphasizing that proportionate deduction should be allowed in such cases. The Revenue's appeal was dismissed, affirming the grant of deduction to the assessee in compliance with legal precedents. en-us Thu, 11 Apr 2013 00:00:00 +0530 Tue, 30 Nov 2021 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294663 The CIT(Appeals) allowed the assessee's appeal regarding the denial of deduction under Section 80-IB(10) due to certain units exceeding 1500 sq.ft. The CIT(Appeals) directed the Assessing Officer to grant the deduction claimed, except for the units exceeding the limit. The decision was supported by a previous ruling of the jurisdictional High Court, emphasizing that proportionate deduction should be allowed in such cases. The Revenue's appeal was dismissed, affirming the grant of deduction to the assessee in compliance with legal precedents. Case-Laws Income Tax Thu, 11 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294663