Court Upholds Deduction for Merged Flats u/s 80IB(10); Post-Sale Merging Does Not Affect Eligibility.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Deduction u/s 80IB(10) - option to merge flats - It is undisputed fact that few 1-BHK flats remain so without any merger despite the provision of ‘hole’ left and others are merged into duplex during the post sale using such provision - deduction allowed - AT....




TaxTMI
TaxTMI