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Case Law Details

Case Name : CIT Vs M/s. VRM India Ltd. (Delhi High Court)
Related Assessment Year :
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Brief of the Case

The Hon’ble High court in the present case held that the assessee developed an infrastructure facility/project and was not required to maintain or operate, it was entitled to cost, plus the margin of income or profit. Assesee would be entitled to deduction under section 80-IB (10).

Facts of the Case

Assessee is engaged in the business of building and developing of housing projects. In its

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