Wednesday, April 3, 2019

No denial of sec. 80-IB relief merely on ground that developer didn't undertake construction of property itself

IT: Where assessee was developer of project and company 'ETA' was builder of said project and their right and obligation were inextricably linked with each other, assessee could not be denied deduction under section 80-IB(10) on ground that it itself did not carried out activity of building and developing housing project

from www.taxmann.com Latest Case Laws https://ift.tt/2FOBoFf

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