https://www.taxtmi.com/caselaws?id=425409 The ITAT, Pune, upheld the CIT(A)'s decision to allow a pro rata deduction under Section 80IB(10) of the Income Tax Act for residential projects despite non-compliance with size limits for certain units. The court ruled that the deduction should apply to eligible units even if some units did not meet the size requirements, emphasizing that non-compliance in one unit should not disqualify the entire project from claiming the deduction. This decision aligns with previous judgments supporting proportionate deductions and clarifies the application of Section 80IB(10) in such scenarios. en-us Mon, 18 Jul 2022 00:00:00 +0530 Mon, 10 Oct 2022 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425409 The ITAT, Pune, upheld the CIT(A)'s decision to allow a pro rata deduction under Section 80IB(10) of the Income Tax Act for residential projects despite non-compliance with size limits for certain units. The court ruled that the deduction should apply to eligible units even if some units did not meet the size requirements, emphasizing that non-compliance in one unit should not disqualify the entire project from claiming the deduction. This decision aligns with previous judgments supporting proportionate deductions and clarifies the application of Section 80IB(10) in such scenarios. Case-Laws Income Tax Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425409