Dismissing the appeal of the Revenue the Tribunal held that rule of consistency is followed as regards allocation of expenses as well as deduction under section 80IB(10) of the Act. (AY. 2012-13 to 2013-14)
JCIT v. Sheetal Infrastructure Pvt Ltd (2023) 102 ITR 54 (SN) (Ahd)(Trib)
S. 80IB(10) : Housing projects-Completion of project-Deduction is allowed in earlier years –Allocation of common expenses-Rule of consistency is followed.