Ownership of land is required for claiming deduction u/s 80IB(10)

Brief of the case:  ITAT Ahmedabad held in M/s Nirmala Developers Vs ITO that it was not necessary to be the owner of the land to claim the deduction u/s 80IB(10). But the necessary condition to claim the deduction u/s 80(IB)10 was that the assessee had borne the all expenses and took all the risk involved in the project. Facts of the case:  Assessee had claimed deduction u/s 80IB(10) of Rs 1,02,00,421 relating to “Gayatari Krupa Tenements” project in Vadodara. The assessee was a contractor, not owner of the land in the above said project and was allotted the work of construction of unit...