https://www.taxtmi.com/caselaws?id=792709 Section 80IB(10) deduction was analysed on a proportionate basis for a housing project approved on land exceeding one acre, with the first approval date treated as governing where multiple approvals existed and the amended commercial-area threshold applied retrospectively to eligible approved projects. The discussion also noted that 14A disallowance does not survive where no exempt income is earned, ad hoc disallowances for vehicle expenses and depreciation cannot rest on presumed personal use without supporting material, and additions for bogus purchases or notional rent in an unabated search year require incriminating material for that year. On the facts described, the assessee succeeded on each substantive issue. en-us Tue, 26 May 2026 00:00:00 +0530 Tue, 02 Jun 2026 08:47:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792709 Section 80IB(10) deduction was analysed on a proportionate basis for a housing project approved on land exceeding one acre, with the first approval date treated as governing where multiple approvals existed and the amended commercial-area threshold applied retrospectively to eligible approved projects. The discussion also noted that 14A disallowance does not survive where no exempt income is earned, ad hoc disallowances for vehicle expenses and depreciation cannot rest on presumed personal use without supporting material, and additions for bogus purchases or notional rent in an unabated search year require incriminating material for that year. On the facts described, the assessee succeeded on each substantive issue. Case-Laws Income Tax Tue, 26 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792709