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Clarification on Section 80IB(10): Housing Projects Sanctioned Before April 1, 2005, Exempt from New Amendment Conditions.

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....Entitlement to deduction under Section 80IB(10) - since this amendment is prospective and has come into effect from 01.04.2005, this condition would not apply to those housing projects which had been sanctioned and started earlier even if they finished after 01.04.2005 as that of assessee - SC....

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