Sec. 80-IB restricting usage for a commercial purpose applicable block-wise if every block has separate approval

INCOME TAX : Where assessee had taken a separate approval in respect of each block and thereby complied with requirement of commercial area in a project not exceeding 5 per cent of built up area, it would be entitled to deduction under section 80-IBINCOME TAX : Where assessee had taken a separate approval in respect of each block and thereby complied with requirement of commercial area in a project not exceeding 5 per cent of built up area, it would be entitled to deduction under section 80-IBwww.taxmann.com Latest Case LawsRead More

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