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Income Tax - Highlights / Catch Notes

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Deduction u/s 80(IB)(10) in respect of POR project - CIT(A) has ...

Case Laws     Income Tax

October 30, 2023

Deduction u/s 80(IB)(10) in respect of POR project - CIT(A) has observed that in view of the provisions of Section 80(IB)(10) of the Act, when the approval of the Housing Project is obtained more than once, such Housing Project shall be deemed to have been approved on the date on which the building plan of such Housing Project is first approved by local authorities - Order of CIT(A) allowed the claim is correct - AT

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