https://www.taxtmi.com/caselaws?id=756467 Eligibility for deduction under section 80IB(10) depended on whether the housing project was completed within the prescribed time and whether the assessee functioned as a developer or merely as a contractor after selling plots to buyers. The record raised competing factual questions about the effect of registered sale deeds, the buyer agreements, proof of completion, and the pending Phase-II dispute. Because the supporting material required verification and the factual basis for denial needed reconsideration, the matter was remanded for fresh adjudication and no final finding on deduction entitlement was returned. en-us Wed, 31 Jul 2024 00:00:00 +0530 Sat, 03 Aug 2024 08:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756467 Eligibility for deduction under section 80IB(10) depended on whether the housing project was completed within the prescribed time and whether the assessee functioned as a developer or merely as a contractor after selling plots to buyers. The record raised competing factual questions about the effect of registered sale deeds, the buyer agreements, proof of completion, and the pending Phase-II dispute. Because the supporting material required verification and the factual basis for denial needed reconsideration, the matter was remanded for fresh adjudication and no final finding on deduction entitlement was returned. Case-Laws Income Tax Wed, 31 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756467