2013
ITA Nos.60 & 61/PN/2013
section 80IB(10) of the Act has to be understood in the light of what has been ... 2013
ITA Nos.60 & 61/PN/2013
80IB(10) of the Act. In support of his submissions, the learned counsel has
relied upon
80IB(10) of the Act. Observing, that the assessee had failed to
comply with the requisite conditions envisaged in Sec. 80IB(10 ... wings each of stilt plus 10 upper floors, therefore, the same as per the
mandate of Sec. 80IB(10)(a)(iii) was to be completed
conditions laid down in section 80IB(10) of the Act:
"i) Sec. 80IB(10)(a) - Date of commencement and completion of the project ... deduction u/s
80IB(10) of the Act. He, therefore, rejected the assessee's claim of deduction u/s
80IB(10
3498/M/2013
M/s. Vijay Grihnirman Pvt. Ltd.
80IB(10) of the Act and allowed the same considering the facts of the case ... 80IB(10) of
Rs.5,47,28,624/-.
7.2 For the captioned year, the appellant had claimed deduction
under s. 80IB(10) as under:
Project
returns for A.Ys. 2008-09 to 2013-14
and has consistently claimed deduction u/s 80IB(10) of the Act on
furnished necessary report ... relating to disallowance of deduction u/s 80IB(10) of the Act on
the 2095/A/2013
conditions laid down under the Section
80IB(10) and is eligible for deduction said under 80IB(10)?
2)Whether on the facts ... under Section 80IB(10) even though
the Company that had under taken the development had also
claimed the deduction under Section 80IB(10
80IB(10) , the assessee could be considered as the
owner of the land in question. For the limited purpose of deduction u/s
80IB(10 ... requisite audit report under Section 80IB in Form No. 10CCB and is,
therefore, eligible for deduction under Section 80IB(10) of the Act. It further
80IB(10) of the Act in respect of its
project namely "Midori Phase-I". An amount of Rs.10 ... assessee in assessment years
2012-13 and 2013-14 and claimed the deduction u/s 80IB(10) of the Act on
the said income. However
applicable to clauses (e) & (f) of Section
80IB(10) of the Act.
10. We have heard the rival submissions and perused the material
available ... Section
80IB(10) of the Act & the conditions containing in clauses (a) to (f) of section
80IB(10) of the Act are cumulative
applicable to clauses (e) & (f) of Section
80IB(10) of the Act.
10. We have heard the rival submissions and perused the material
available ... Section
80IB(10) of the Act & the conditions containing in clauses (a) to (f) of section
80IB(10) of the Act are cumulative
