Tuesday, July 23, 2019

SLP dismissed against ruling allowing sec. 80-IB relief as commercial use was within prescribed limits

INCOME TAX : SLP dismissed against High Court's order holding that where commercial user permitted by local authority was within limits prescribed under Development control Rules/Regulation, deduction under section 80IB(10) upto 31-3-2005 would be allowable irrespective of fact that project was approved as 'housing project' or 'residential plus commercial'

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