{"id":18348,"date":"2021-05-17T14:40:30","date_gmt":"2021-05-17T09:10:30","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shipra-estate-ltd-v-acit-2021-86-itr-245-delhitrib\/"},"modified":"2021-05-17T14:40:30","modified_gmt":"2021-05-17T09:10:30","slug":"shipra-estate-ltd-v-acit-2021-86-itr-245-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shipra-estate-ltd-v-acit-2021-86-itr-245-delhitrib\/","title":{"rendered":"Shipra Estate Ltd. v. ACIT (2021) 86 ITR 245 (Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the assessee entitle to deduction on the basis of competition certificate issued by Architects, planners and engineers. Delay in issue of completion certificate by local authority, exemption claimed cannot be denied. As regards allotment of residential members of same family, exemption is disallowable proportionately.\u00a0 Relied on\u00a0 Kamat Constructions Pvt. Ltd. v. ACIT (2020) 429 ITR 609 (Bom.)(HC). (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects-Completion Certificate-Completion Certified by Architects, planners and engineers-Delay in issue of completion certificate  by local authority-Entitle to deduction-Allotment of residential members of same family-Disallowable proportionately. [S. 80IB(10)(f)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-18348","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4LW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18348"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18348\/revisions"}],"predecessor-version":[{"id":18349,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18348\/revisions\/18349"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}