Deduction u/s 80IB(10) cannot be denied to developer for mere P&L presentation without appreciation of facts

Brief of the case: If all the costs, risks and responsibility to be bear by assessee then deduction u/s 80IB(10) cannot be denied just on the presentation of the profit & Loss A/c. ITAT Ahmedabad held in Megha Developers Vs ITO that as the assessee had entered into an agreement in which he had to bear all the costs related with the building of the project and also he was having the rights to receive all the payments from the members of the society and also to remove the name of the member if that member did not pay the required amount and also to receive the development charges and other r...