Housing project with commercial use permitted under DC regulations was eligible project u/s 80-IB; SLP dismissed

Housing project with commercial use permitted under DC regulations was eligible project u/s 80-IB; SLP dismissed

August 24, 2018
IT : Local authorities can approve a project as housing project along with commercial user to extent permitted under DC Rules/Regulations framed by respective local authorities and, once approved, it has to be treated as housing project eligible for deduction under section 80-IB(10); SLP dismissed

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