Deduction u/s.80IB(10) - The joint venture was merely used as ...

Joint Venture as Conduit: Section 80IB(10) Deductions Rightly Claimed by Individual Members for Housing Project Expenses.

January 22, 2018

Case Laws Income Tax AT

Deduction u/s.80IB(10) - The joint venture was merely used as conduit to facilitate execution of housing project work, the actual work was done by the two members of JV. All the expenditure for the execution of project was incurred by the individual members and not the joint venture. Therefore, the deduction was rightly claimed by the members - AT

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Deduction u/s.80IB(10) - The joint venture was merely used as ...

Joint Venture as Conduit: Section 80IB(10) Deductions Rightly Claimed by Individual Members for Housing Project Expenses.

January 22, 2018

Case Laws Income Tax AT

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