2010 (7) TMI 320

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....e Tax Act is the relevant provision in this case. It requires that (1) there should be a housing project; (2) it should be approved before the specified date; and (3) the Assessee (undertaking) should be engaged in developing and building the project. In the relevant assessment order i.e. 2004-05 the respondent-assessee pursuant to an agreement between him and the owner of the land, was engaged in....