Deduction u/s 80lB(10) - Profit attributable to Car parking ...
Case Laws Income Tax
September 5, 2020
Deduction u/s 80lB(10) - Profit attributable to Car parking space and preferential location charges - Since these are integral part of the housing project, the profit derived from sale of car parking space as well as on PLC & HEC is eligible for deduction u/s. 80IB (10) of the Act since deduction u/s 80 IB is available in respect of eligible housing project. - AT
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