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Income Tax - Highlights / Catch Notes

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Deduction u/s. 80IB(10) - The meaning of “date of completion” ...


"Date of Completion" Defined for Section 80IB(10) Deductions: Issuance of Completion Certificate by Local Authority.

November 4, 2013

Case Laws     Income Tax     AT

Deduction u/s. 80IB(10) - The meaning of “date of completion” has been given in Explanation (ii) to clause (a) to section 80IB(10) - Date of completion of construction would mean date on which completion certificate in respect of housing project was issued by the local authority - AT

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