In the result, both the appeals filed by the assessee are allowed for statistical purposes
Bench: Shri R. K. Panda & Shri Vinay Bhamore
property and construction of residential and commercial buildings. It filed its return of income on 29.09.2011 declaring total income of Rs.119,8,31,267/- after claiming deduction of Rs.1,02,32,288/- u/s 80IB(10) of the Income Tax Act, 1961 (hereinafter referred to as „the Act‟). The case was selected for scrutiny and accordingly, statutory notices