https://www.taxtmi.com/caselaws?id=445096 ITAT Raipur reversed CIT(A)'s decision allowing deduction u/s 80IB(10) for housing project. Assessee claimed separate sales of Flat A-101 and A-102 to different entities - one to individual and another to HUF. However, tribunal found both flats were actually allotted to same individual through registered sale deed, violating clause (f) of Section 80IB(10) which restricts allotment of more than one residential unit to same person. Assessee's argument that HUF was actual purchaser rejected as individual held legal title and rights. Deduction disallowed for both flats. Decision favored revenue partially. en-us Fri, 27 Oct 2023 00:00:00 +0530 Mon, 30 Oct 2023 21:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445096 ITAT Raipur reversed CIT(A)'s decision allowing deduction u/s 80IB(10) for housing project. Assessee claimed separate sales of Flat A-101 and A-102 to different entities - one to individual and another to HUF. However, tribunal found both flats were actually allotted to same individual through registered sale deed, violating clause (f) of Section 80IB(10) which restricts allotment of more than one residential unit to same person. Assessee's argument that HUF was actual purchaser rejected as individual held legal title and rights. Deduction disallowed for both flats. Decision favored revenue partially. Case-Laws Income Tax Fri, 27 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445096