Disallowance of deduction u/s. 80IB(10) deleted following decision of High Court and Supreme Court

DCIT Vs Venus Infrastructure and Developers Pvt. Ltd. (ITAT Ahmedabad) ITAT Ahmedabad held that disallowance of deduction claimed under section 80IB(10) of the Income Tax Act rightly deleted as delay in BU was due to dispute of jurisdiction between AMC and AUDA. Accordingly, following judgement of Jurisdictional HC and SC disallowance rightly deleted. Facts- The present appeal has been preferred by the revenue. The solitary ground raised by the Revenue is that CIT(A) erred in deleting the addition of Rs. 2,47,27,471/- made on account of disallowance u/s. 80IB(10) of the Act without discussing ...