Deduction u/s 80IB(10) includes commercial establishments/ shops also

Macro Marvel Projects Limited Vs ITO (ITAT Chennai) Under section 80IB(10) the housing project contemplates commercial establishments or shops also. Facts- The assessee originally claimed the deduction of Rs. 28,32,048/- u/s. 80IB(10) in respect of its project named Marvel Apoorva and Wood Creek Country. Subsequently, the assessee revised its ROI restricting its claim of deduction in the project Marvel Apoorva only. The assessee in the revised statement of income claimed deduction of Rs. 68,79,782/- u/s. 80IB(10) of the Act in respect to projectMarvel Apoorva resulting thereby a net loss of Rs...