Tribunal directed that if developer was allowed to claim deduction equivalent to its share in profit, assessee land owner should also be allowed to claim deduction of its share. Tribunal further directed that in case assessee had incurred any expenditure towards land development and developer had claimed deduction under section 80IB(10) of only its share, then assessee should be allowed to claim deduction under Section 80-IB(10) of its share. Dismissing the appeal of the revenue the Court held that direction of Tribunal was proper. (AY. 2008-09, 2010-11)