2014 (12) TMI 634

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....vered by R. Sudhakar,J.) The above Tax Case (Appeals) are filed by the Revenue as against the order of the Income Tax Appellate Tribunal raising the following substantial questions of law: "1. Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee had satisfied the conditions laid down under Section 80IB(10) and is eligible for deductio....

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....? 5. Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that assessee need not own the land and then develop cum build the housing project of the purpose of claiming deduction under Section 80IB(10)? 6. Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that assessee is entitled for deduction under Section 80....

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....her on the facts and in the circumstances of the case, the Tribunal was right in holding that the provisions of Section 80IB(10) provide for partial deduction to the housing project with respect to the flats with built up area of less than 1500 sq.ft. where the same project contains flats with built up area exceeding 1500 sq.ft.residential flat?" 2. The assessment in the above cases relate to t....