https://www.taxtmi.com/caselaws?id=294931 The Tribunal ruled in favor of the assessee on all issues: disallowance of commission u/s 36(1)(ii) was unjustified as the managing director was not an employee; entitlement for deduction u/s 80-IB(10) was upheld based on the business model; approval and completion certificate in the director's name did not affect developer status; and the reduction of disallowance u/s 14A by the Commissioner was deemed appropriate, providing relief to the assessee. The Revenue's appeals were dismissed, affirming the decisions in favor of the assessee. en-us Mon, 18 Mar 2013 00:00:00 +0530 Mon, 10 May 2021 15:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294931 The Tribunal ruled in favor of the assessee on all issues: disallowance of commission u/s 36(1)(ii) was unjustified as the managing director was not an employee; entitlement for deduction u/s 80-IB(10) was upheld based on the business model; approval and completion certificate in the director's name did not affect developer status; and the reduction of disallowance u/s 14A by the Commissioner was deemed appropriate, providing relief to the assessee. The Revenue's appeals were dismissed, affirming the decisions in favor of the assessee. Case-Laws Income Tax Mon, 18 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294931