Allowing the appeal of the assessee the Court held that the Tribunal was not justified in denying pro rata deduction to the assessee under section 80-IB(10) . The order of the Commissioner (Appeals) to the extent he granted pro rata deduction was restored.( AY.2010-11 to 2012-13)
Models Construction Pvt. Ltd. v. Dy. CIT (2020)429 ITR 605 / ( 2021) 279 Taxman 247(Bom.)(HC)
S. 80IB(10) : Housing projects-Pro rata deduction is eligible. [S. 80IB(10)(c)]