{"id":39367,"date":"2024-02-21T12:41:46","date_gmt":"2024-02-21T07:11:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-shree-jivraj-township-2023-295-taxman-619-guj-hc\/"},"modified":"2024-02-21T12:41:46","modified_gmt":"2024-02-21T07:11:46","slug":"pcit-v-shree-jivraj-township-2023-295-taxman-619-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-shree-jivraj-township-2023-295-taxman-619-guj-hc\/","title":{"rendered":"PCIT v. Shree Jivraj Township (2023) 295 Taxman 619 (Guj.)(HC)"},"content":{"rendered":"<p>Assessee had developed a housing project having different units and claimed deduction under section 80IB(10) of the Act on the basis of separate completion certificates for each of units.\u00a0 AO denied the exemption. Tribunal allowed the claim relying on\u00a0 CIT v. B.M. and Brothers\u00a0[2014] 42 taxmann.com 24\/225 Taxman 149 (Mag.) (Guj) (HC). On appeal the Court held that\u00a0 the deduction is available\u00a0 only with respect to those units of housing project, which were approved prior to 1-4-2004 and of which construction had been completed prior to 31-3-2008. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects-Sepaarate completion certificate to each unit-Eligible for deduction. [S.260A]<\/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-39367","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aeX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39367","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=39367"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39367\/revisions"}],"predecessor-version":[{"id":39368,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39367\/revisions\/39368"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}