Dismissing the appeal of the revenue the Court held that the Tribunal was right in holding that the assessee was eligible for deduction under section 10B having satisfied the requirements as laid down in clauses (a) to (d) of section 80IB(10). (AY. 2009-10)
CIT v. Brigade Enterprises Ltd. (No. 2) (2020) 429 ITR 615 / (2021) 197 DTR 319 / 318 CTR 325 / 278 Taxman 81 (Karn.)(HC)
S. 80IB(10) : Housing projects-Proportionate deduction in respect of individual units permissible.