Supreme Court upholds High Court ruling: Deduction u/s 80IB(10) valid despite original land ownership.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction u/s 80IB(10) - HC held that merely because the land was held by the original owner when the housing development project was executed, would not be detrimental to the assessee's claim of deduction - SLP dismissed.....