https://www.taxtmi.com/caselaws?id=466898 Whether a housing-project deduction is allowable turned on the statutory requirement that completion be shown by a local authority completion certificate and the date of completion stated therein. The Tribunal held that where the assessee later furnished a competent authority certificate specifying completion before the statutory cutoff (March 2008), the condition is satisfied; the decisive inquiry is the completion date recorded in the certificate, not the physical date of issuance, and no remand to the AO was necessary. Outcome: appeals allowed and deduction under the provision accepted on the produced certificate. en-us Wed, 30 Nov 2011 00:00:00 +0530 Wed, 25 Feb 2026 14:50:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466898 Whether a housing-project deduction is allowable turned on the statutory requirement that completion be shown by a local authority completion certificate and the date of completion stated therein. The Tribunal held that where the assessee later furnished a competent authority certificate specifying completion before the statutory cutoff (March 2008), the condition is satisfied; the decisive inquiry is the completion date recorded in the certificate, not the physical date of issuance, and no remand to the AO was necessary. Outcome: appeals allowed and deduction under the provision accepted on the produced certificate. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466898