Wednesday, May 15, 2019

No denial of sec. 80-IB(10) relief just because land was in name of original owner when housing project was executed

IT : Where High Court upheld Tribunal's order allowing assessee's claims under section 80-IB by holding that where assessee had undertaken development of housing project at their own risk and cost, merely because land was held in name of original owner when housing development project was executed, it would not be detrimental to assessee's claim of deduction under section 80-IB(10), SLP filed against said decision of High Court was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2VpXyU7

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