Developer following percentage completion method entitled to deduction u/s. 80-IB(10)

IN THE ITAT HYDERABAD BENCH ‘A’ Keerthi Estates (P.) Ltd. Versus Deputy Commissioner of Income-tax  IT Appeal No. 478 (Hyd.) of 2011 [Assessment year 2007-08] SEPTEMBER 21, 2012 ORDER Chandra Poojari, Accountant Member  This appeal by the assessee is directed against the order of the CIT(A), Vijayawada dated 31.1.2011 for assessment year 2007-08. 2. The grievance of the assessee in this appeal is with regard to denial to deduction u/s. 80IB(10) of the Act for want of completion certificate. 3. Brief facts of the issue are that the assessee claimed deduction u/s. ...