Tag: Hotel deduction 80IB

Deduction u/s 80IB allowed when assessee was not owner of the land and undertook housing project at their own risk and cost- Supreme Court dismisses SLP of Department ABCAUS Case Law Citation: ABCAUS 2854 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Commissioner of Income …

Deduction 80IB(7)(b) Rule 18BBC certificate by Regional Director instead Director General of  Tourism valid as in Government Departments powers are delegated. Since no Perform of the certificate has been prescribed in the Rules,  non mentioning of section 80IB(7(b) can not be a ground for disallowance – ITAT ABCAUS Case Law …