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Ask your queries or reply to others' queries => Discussion => Topic started by: CA.BHUPENDRASHAH on July 28, 2010, 05:14:08 PM

Title: Housing project for purpose of section 80-IB(10) does not include construction
Post by: CA.BHUPENDRASHAH on July 28, 2010, 05:14:08 PM
Housing project for purpose of section 80-IB(10) does not include construction
of commercial establishment carried out by another entity in that area



Claim of the assessee for deduction under section80-IB (10) for the housing
project cannot be denied because the commercial project was carried out by its
sister concern in the same area
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ITAT MUMBAI BENCH `H' MUMBAI

ITO

v.

Khyati Financial Services
ITA No.3740/Mum/2008