{"id":28367,"date":"2022-07-12T17:35:23","date_gmt":"2022-07-12T12:05:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-mandavi-builders-2022-443-itr-235-284-taxman-371-sc\/"},"modified":"2022-07-12T17:35:23","modified_gmt":"2022-07-12T12:05:23","slug":"cit-v-mandavi-builders-2022-443-itr-235-284-taxman-371-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-mandavi-builders-2022-443-itr-235-284-taxman-371-sc\/","title":{"rendered":"CIT v. Mandavi Builders (2022) 443 ITR 235 \/ 284 Taxman 371 (SC)"},"content":{"rendered":"<p>High Court answered against the Department the question whether the Tribunal was right in holding that transactions entered into with buyers of flats before the introduction of clauses (e) and (f) of section\u00a080-IB(10)\u00a0of the\u00a0Income-tax Act, 1961, were eligible for deduction, on a petition for special leave to appeal, dismissing the petition the Court held that\u00a0 the amendment to section\u00a080-IB(10)\u00a0by the insertion of clauses (e) and (f) with effect from April 1, 2010 had no application for the AY. 2010-11 corresponding to financial year 2009-10. Since the AY. in the present case was 2010-11, the petition under article 136 of the Constitution was not to be entertained, although special leave had been granted for the following year.(AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects-Transactions entered into with buyers of  flats before introduction of  clauses (e) and  (f) of  section 80IB(10)-Eligible for deduction-Amendment with effect from April 1, 2010 has no application for AY. 2010-2011. <\/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-28367","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7nx","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28367","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=28367"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28367\/revisions"}],"predecessor-version":[{"id":28368,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28367\/revisions\/28368"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}