https://www.taxtmi.com/caselaws?id=428421 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of deduction under section 80IB, finding the project was completed as evidenced by the completion certificate. It ruled that clauses (e) and (f) of section 80IB(10) apply prospectively to flats booked after 01.04.2009. The disallowance under section 14A was not justified, and the appeal was allowed for statistical purposes, directing the AO to re-examine the deduction claimed under section 80IB. en-us Mon, 26 Sep 2022 00:00:00 +0530 Wed, 28 Sep 2022 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428421 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of deduction under section 80IB, finding the project was completed as evidenced by the completion certificate. It ruled that clauses (e) and (f) of section 80IB(10) apply prospectively to flats booked after 01.04.2009. The disallowance under section 14A was not justified, and the appeal was allowed for statistical purposes, directing the AO to re-examine the deduction claimed under section 80IB. Case-Laws Income Tax Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428421