2018 (12) TMI 1719

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....judgment of the Income Tax Appellate Tribunal ("Tribunal" for short) dated 21.9.2015. Following questions were urged before us:- "(i) Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in holding that the assessee satisfied all the conditions stipulated in the provisions of Section 80IB(10) of the Income Tax Act, 1961 and therefore, would be e....

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....ted. The CIT(A) allowed the assessee's appeal upon which the Revenue filed appeal before the Tribunal. The Tribunal, by the impugned judgment, dismissed the Revenue's appeal and confirmed the decision of the CIT(A). The Tribunal made the following observations:- 9. It is evident from documents that originally the assessee sought approval of buildings A6 and A7, subsequently rename....

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....II are concerned, the completion certificate in respect of all the flats comprising in said buildings were granted by PMC up to March 2011, whereas, the last date for obtaining completion certificate was 31.03.2012. Thus, the assessee had obtained completion certificate well within the time frame mentioned in the provisions of Section 80IB(10) of the Act in respect of all the buildings in Phase-I ....