https://www.taxtmi.com/caselaws?id=422917 The ITAT Pune dismissed the Revenue's appeal and partially allowed the assessee's appeal for statistical purposes. The primary issue was the eligibility of the assessee for claiming proportionate deduction under section 80IB(10) of the Income-tax Act, which was upheld by the ITAT Pune. However, the denial of deduction for 10 flats under the same provision was upheld due to the inclusion of additional structures in the built-up area calculation. The disallowance of warranty expenses and hawala bills was also upheld, except for the hawala bills issue, which was remanded for fresh consideration based on new evidence. en-us Thu, 19 May 2022 00:00:00 +0530 Wed, 25 May 2022 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422917 The ITAT Pune dismissed the Revenue's appeal and partially allowed the assessee's appeal for statistical purposes. The primary issue was the eligibility of the assessee for claiming proportionate deduction under section 80IB(10) of the Income-tax Act, which was upheld by the ITAT Pune. However, the denial of deduction for 10 flats under the same provision was upheld due to the inclusion of additional structures in the built-up area calculation. The disallowance of warranty expenses and hawala bills was also upheld, except for the hawala bills issue, which was remanded for fresh consideration based on new evidence. Case-Laws Income Tax Thu, 19 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422917