Deductions in respect of profits and gains from housing projects.

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Full Text of the Document

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....business of developing and building housing projects or rental housing projects referred to in section 80-IBA of the Income-tax Act,1961 (43 of 1961); and (b) such assessee is eligible to claim a deduction from the profits and gains derived from such business for such tax year under the provisions of the said section, if the said Act had not been repealed, there shall be allowed, in co....