S. 80IB(10) Deduction can’t be denied for mere non furnishing of Project Completion Certificate

Sahara States – Hyderabad Vs Additional CIT (ITAT Hyderabad)

As rightly observed by the Tribunal, though the assessee has completed the project by 31.03.2008 and had requested the local authorities for issuance of completion certificate since there was no provision under the GHMC Act of 1985 for issuance of completion certificate, the same was not furnished by the assessee. However, as per section 455 of the GHMC Act and sub section (2) thereof, no person shall occupy or permit to be occupied any such building, or use or permit to be used the building

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