Section 80IB housing deductions cannot be denied based on subsequent-year events and untested statements.
Section 80IB housing deductions cannot be denied based on subsequent-year events and untested statements. Issue Whether a housing project developer can be denied statutory deductions under Section 80IB(10) for prior assessment years based on an alleged single-allottee violation that took place in a subsequent financial year, especially when the allegation relies on an untested statement… Read More »