This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
S. 80IB(10) Restriction on extent of commercial area not applies to projects approved before 1.4.2005
Case Law Details
- Case Name
- CIT Vs Sarkar Builders (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06
- Courts
- Supreme Court of India
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
CIT vs. Sarkar Builders (Supreme Court of India)- Restriction on extent of commercial area in ‘housing project’ imposed w.e.f. 1.4.2005 does not apply to housing projects approved before 1.4.2005 even though completed after 1.4.2005 – Section 80-IB(10).
Brief Facts of the Case and Question of Law
Brief Facts:
There are various respondents/assessees involved in the assessment. Also the Assessment years are different but the question of law raised by Income Tax Authorities is same. The assessees are engaged in the business of developing and building housing projects. In the said ho...
