Housing Project of built-up area of more than 2000 sq. ft. not eligible for Deduction u/s. 80-IB (10)(d) from A.Y. 2005-06

IN THE ITAT MUMBAI BENCH ‘I’ Income-tax Officer-6(2)(3), Mumbai versus Everest Home Construction (India) (P.) Ltd. IT Appeal No. 7021 (Mum.) of 2008 [Assessment year 2006-07] September 12, 2012 ORDER N.K. Billaiya, Accountant Member With this appeal Revenue has challenged the correctness of the order of Ld. CIT(A)- VI, Mumbai dt. 9.10.2008 pertaining to assessment year 2006-07. 2. The Revenue has questioned the said order by raising following effective ground of appeal: “On the facts and in the circumstances of the case, the Ld. CIT(A) erred in directing the ...