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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Benefit u/s 80-IB - The assessee has sold these apartments to ...


Court Affirms Section 80-IB Tax Benefit for Assessee; Subsequent Use of Apartments by Buyers Not Grounds for Denial.

July 5, 2012

Case Laws     Income Tax     HC

Benefit u/s 80-IB - The assessee has sold these apartments to various purchasers who in turn are using it as service apartments for which the assessee cannot be held liable in any way and on that ground he cannot be denied the benefit. - HC

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