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    <title>2021 (5) TMI 365 - KARNATAKA HIGH COURT</title>
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    <description>The Court referred to a previous decision in CIT vs. M/s. S.N. Builders and Developers to support the proportionate deduction under Section 80-IB(10) and remitted the matter to the Assessing Officer for fresh adjudication in accordance with the law. The Court&#039;s decision led to the quashing of previous orders by the Tribunal, Commissioner of Income Tax (Appeals), and Assessing Officer regarding the appellant&#039;s claim under Section 80-IB(10). The matter was remitted for a fresh assessment, and the appeal was disposed of without addressing substantial questions of law.</description>
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      <link>https://www.taxtmi.com/caselaws?id=407486</link>
      <description>The Court referred to a previous decision in CIT vs. M/s. S.N. Builders and Developers to support the proportionate deduction under Section 80-IB(10) and remitted the matter to the Assessing Officer for fresh adjudication in accordance with the law. The Court&#039;s decision led to the quashing of previous orders by the Tribunal, Commissioner of Income Tax (Appeals), and Assessing Officer regarding the appellant&#039;s claim under Section 80-IB(10). The matter was remitted for a fresh assessment, and the appeal was disposed of without addressing substantial questions of law.</description>
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