Deduction u/s.80IB(10) - The joint venture was merely used as ...
Case Laws Income Tax
January 22, 2018
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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