2011 (10) TMI 696

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.... project by name 'Brigade Millennium' comprising a total area of 22 acres and 19 guntas in survey Nos.44, 45 & 55/1 of Bangalore South Taluk and obtained an approval dated.24.05.2002 for the entire macro project from the BDA. This macro project comprised certain housing blocks, community hall, etc., as its micro components. It comprised among other things 5 residential blocks by name Mayflower, Cassia, Magnolia, Jacaranda and Laburnum. The assessee has constructed and developed Brigade Millenium consisting of 5 residential blocks namely - Mayflower, Cassia, Magnolia, Jacaranda and Laburnum. Row houses - The Oak Tree Place, a club, a community centre, a school and a park. The Assessing Officer held that all these projects are to be h....

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....nculcated because that would mean supplying words assuming the jurisdiction of legislations. Being aggrieved by the action of the Assessing Officer, assessee went in appeal before the CIT(A). 04. Before the Commissioner of Income-tax(A), the assessee submitted that the decision of the jurisdictional ITAT in assessee's own case in DCIT v. Brigade Enterprises (P) Ltd (2008) 119 TTJ 269 (Bang), dated.29.08.2008 for A.Y.2004-05 has upheld and allowed the assessee's claim in respect of 80IB deduction. The assessee also submitted that the ITAT had allowed deduction u/s.80IB(10) for the assessment year 2005-06 in the assessee's own case by following the above order. The Commissioner of Income-tax(A) after considering the submissions o....