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Case lawHigh Court › CIT-25 v Vandana Properties
High CourtHelps taxpayerValidity unconfirmeds.80-IBs.80-IB(10)

CIT-25 v Vandana Properties

We built one new building on land where we had already built others years ago. The officer says it is not a separate 'housing project', that our share of the plot is under one acre, and that two flats were merged. Is the s.80-IB(10) deduction gone?

We built one new building on land where we had already built others years ago. The officer says it is not a separate 'housing project', that our share of the plot is under one acre, and that two flats were merged. Is the s.80-IB(10) deduction gone?

Not on those grounds. The Bombay High Court held that the construction of even one building containing several residential units of not more than 1000 square feet is a 'housing project' for s.80-IB(10); that s.80-IB(10)(b) requires only that the project be on a plot of land with a minimum area of one acre and does not require the land to be vacant or to be apportioned building by building; and that the Explanation to s.80-IB(10)(a) applies only where approval for the same project is granted more than once, not to a genuinely new project on the same site. The alleged merger of two flats was rejected as a finding of fact.

Decided by the High Court (J.P. Devadhar J and A.R. Joshi J) on 2012-03-28, reported as Income Tax Appeal No. 3633 of 2009 with Income Tax Appeal No. 4361 of 2010 (Bombay High Court). It bears on section 80-IB, section 80-IB(10) of the Income Tax Act 1961, in Deductions & Disallowances matters.

Validity check could not be completed. Later treatment was not searched. The judgment is heavily cited in subsequent Bombay High Court and Tribunal decisions on s.80-IB(10), and no decision doubting it was encountered, but no citator check was run and it is not known whether a special leave petition was filed.

Why it matters

Redevelopment and phased construction on an existing society plot is normal in a city, and these three objections - not a separate project, not one acre for this building, flats merged - are the standard trio in a s.80-IB(10) disallowance. This judgment answers all three, and the reasoning about not reading words into clause (b) is useful well beyond its own facts.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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