Housing project for purpose of section 80-IB(10) does not include construction

[CA.BHUPENDRASHAH]

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[/color]
ITAT MUMBAI BENCH `H' MUMBAI

ITO

v.

Khyati Financial Services
ITA No.3740/Mum/2008