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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB(10) - benefit to land owner who is partner in ...


Landowners as Profit Partners in Housing Projects Eligible for Tax Deductions u/s 80IB(10) Despite Non-Involvement in Construction.

May 2, 2019

Case Laws     Income Tax     HC

Deduction u/s 80IB(10) - benefit to land owner who is partner in profit with developer - Nothing in Section 80IB(10) to deny the benefit of Deduction - Merely because the land owner does not undertake the construction work himself

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