CIT v. True Value Homes (India) Pvt. Ltd. (2021) 435 ITR 391 (Mad.)(HC)

S. 80IB(10) : Housing projects-Approval of local authority in the name of Director-Exemption cannot be denied.

Held that the Tribunal is justified in holding that merely because approval of local authority in the name of director exemption cannot be denied.(AY. 2008-09)