https://www.taxtmi.com/caselaws?id=772128 The Telangana HC ruled on Section 80IB deduction eligibility concerning built-up area computation for residential units. The court held that while balconies and projections are included in built-up area calculations under Section 80IB(14)(a), open terraces and porticos must be excluded as they are exposed, open spaces not within the inner measurement of residential units. The assessee was entitled to Section 80IB benefits after excluding these open areas from the built-up area computation, provided the remaining area stayed within the 1,500 sq.ft. limit. The appeal was allowed. en-us Wed, 21 May 2025 00:00:00 +0530 Wed, 04 Jun 2025 08:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772128 The Telangana HC ruled on Section 80IB deduction eligibility concerning built-up area computation for residential units. The court held that while balconies and projections are included in built-up area calculations under Section 80IB(14)(a), open terraces and porticos must be excluded as they are exposed, open spaces not within the inner measurement of residential units. The assessee was entitled to Section 80IB benefits after excluding these open areas from the built-up area computation, provided the remaining area stayed within the 1,500 sq.ft. limit. The appeal was allowed. Case-Laws Income Tax Wed, 21 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772128