{"id":54366,"date":"2025-05-19T06:13:23","date_gmt":"2025-05-19T00:43:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shipra-estates-ltd-jai-krishna-estate-developers-pvt-ltd-v-acit-2024-bcaj-july-p-38-delhi-trib\/"},"modified":"2025-05-19T06:13:23","modified_gmt":"2025-05-19T00:43:23","slug":"shipra-estates-ltd-jai-krishna-estate-developers-pvt-ltd-v-acit-2024-bcaj-july-p-38-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shipra-estates-ltd-jai-krishna-estate-developers-pvt-ltd-v-acit-2024-bcaj-july-p-38-delhi-trib\/","title":{"rendered":"Shipra Estates Ltd &#038; Jai Krishna Estate Developers Pvt Ltd v .ACIT (2024) BCAJ \u2013 July -P. 38 ( Delhi)( Trib)"},"content":{"rendered":"<p>Held that the area of balconies open to sky is not to be considered as part of built -up area of a particular residential unit , denial of exemption is not justified on the ground that built area exceeded 1000 sg. Feet . The Tribunal also held that project completion method regularly followed cannot be rejected . (AY. 2012 -13) ( ITA No. 3569\/ Del\/ 2016 dt. 24 -4 -2024 )<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects- The area of balconies open to sky is not to be considered as part of built -up area of a particular residential unit \u2013 Denial of exemption is not justified \u2013 Project completion method regularly followed cannot be rejected .[ S. 145 ]<\/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-54366","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e8S","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54366","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=54366"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54366\/revisions"}],"predecessor-version":[{"id":54367,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54366\/revisions\/54367"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}