ITAT Directs Re-adjudication for Deduction u/s 80IB(10) on Combined Residential & Commercial Project
Case Law Details
Case Name : Gajanana Developers Vs ITO (ITAT Pune)
Related Assessment Year : 2009-10
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Gajanana Developers Vs ITO (ITAT Pune)
Introduction: The case of Gajanana Developers vs. ITO is centered on an appeal that arises from an order issued by the National Faceless Appeal Centre (NFAC), Delhi, dated 25th March 2023, for the assessment year 2009-10. The central issue pertains to the disallowance of a deduction claimed under Section 80IB(10) of the Income Tax Act, 1961.
Detailed Analysis: The appellant, Gajanana Developers, had claimed a deductio
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