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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Rejection of deduction u/s 80IB(10) – Conditions not fulfilled – ...


Deduction Denied: Section 80IB(10) Conditions Unmet in Slum Redevelopment Plot Merger; Additional Conditions Unlawful.

September 22, 2014

Case Laws     Income Tax     AT

Rejection of deduction u/s 80IB(10) – Conditions not fulfilled – Merger of three plots - scheme for redevelopment of the slum area - putting any extra condition for discriminating the project under the scheme is outside the scope of notification under clause (a) & (b) of section 80IB(10) - AT

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