ITAT remanded matter to AO to verify if assessee applied for ...

Builders Entitled to Tax Break if Timely Applied for Occupancy Permit.

December 27, 2024

Case Laws Income Tax AT

ITAT remanded matter to AO to verify if assessee applied for completion/occupancy certificate before specified date of 31.03.2013 and if there was any lapse by assessee in fulfilling conditions for making application. AO directed to decide pro-rata deduction u/s 80IB(10) and violation of 80IB(10)(e) afresh after examining evidence. Assessee's ground allowed for statistical purposes.

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ITAT remanded matter to AO to verify if assessee applied for ...

Builders Entitled to Tax Break if Timely Applied for Occupancy Permit.

December 27, 2024

Case Laws Income Tax AT

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