AO disallowed claim mainly on ground that assessee was not owner of land and approval of project was not in name of assessee. Tribunal held that the asessee had undertaken development of housing project at their own risk and cost and merely because land was held in name of original owner when housing development project was executed, it would not be detrimental to assessee’s claim of deduction. High Court affirmed the order of the Tribunal.  ( AY.2010-11)