2016 (2) TMI 1298

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....NT JAYANT PATEL J. The appellant-Revenue, by raising the following substantial questions of law, has preferred the present appeal: "Whether on the facts and in the circumstances of the case, the Tribunal is right in law in directing the assessing authority to give deduction under section 80IB(10) of the Act if the assessee has completed construction when the assessee had failed to f....

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....ificate and at para.15 has held as under: "15. From an overall analysis of the decisions and the material on record, it is seen that if assessee has committed certain violations in the construction, then those violations could be compounded under the 'Akrama-Sakrama' Scheme floated by the Karnataka Government. The object of this certificate is to ascertain whether the time limit provided ....

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.... direct the Assessing Officer to grant deduction u/s 80IB of the Act. The Assessing Officer shall verify the computation made by the assessee and then determine the quantum of deduction." As the facts and circumstances of the case before us are also similar and the assessee has proved by documents filed before the authorities below as well as before us that construction of the building wa....

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.... on 15/7/2014. However, Mr.Aravind, learned counsel appearing for the appellant contends that the facts of the case in Ittina properties cannot be compared with the facts of the present case inasmuch as, in the said case, Panchayat had issued completion certificate and same was produced on record whereas, in the present case, no certificate whatsoever was issued and therefore, the Tribunal ought n....