Dismissing the appeal of the revenue the Court held that,tilt parking is part and parcel of housing project accordingly is ligible deduction . Followed CIT v. Gundecha Builders ( ITA Nos 2253 of 2011, 1513 of 2012 dt. 7 -03 -2012) ( ITA No. 347 of 2016 dt. 31-07-2018 ) ( Arising ITA No. 4475 / Mum/2011 dt 19 -02 2014)
CIT v. Gundecha Builders ( 2019) 102 taxmann.com 27( Bom) (HC) www.itatonline.org
S. 80IB(10) : Housing projects- Stilt parking is part and parcel of housing project – Eligible deduction .