https://www.taxtmi.com/caselaws?id=792515 Section 80IB(10) relief depends on satisfying the statutory conditions for development of a housing project, and a developer need not necessarily own the land to qualify. On the facts described, the claim failed because the joint venture development agreement was not valid between the landowners and the partnership on the stated date, and the assessee did not produce books, bills and vouchers to prove that it had undertaken and financed the project. The High Court therefore upheld the denial of deduction, and the Supreme Court declined to interfere under Article 136, dismissing the special leave petition. en-us Tue, 26 May 2026 00:00:00 +0530 Fri, 29 May 2026 08:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792515 Section 80IB(10) relief depends on satisfying the statutory conditions for development of a housing project, and a developer need not necessarily own the land to qualify. On the facts described, the claim failed because the joint venture development agreement was not valid between the landowners and the partnership on the stated date, and the assessee did not produce books, bills and vouchers to prove that it had undertaken and financed the project. The High Court therefore upheld the denial of deduction, and the Supreme Court declined to interfere under Article 136, dismissing the special leave petition. Case-Laws Income Tax Tue, 26 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792515