Bombay High Court Examines Revenue's Appeal Against ITAT Order Upholding Deduction Under Section 80IB(10) and Quashing Assessment Due to Search Warrant in Name of Non-Existent Entity. The appeal pertained to whether flower bed areas, service areas, and projections should be included in built-up area under Section 80IB(14)(a) of the Income-tax Act, 1961, and whether an assessment under Sections 143(3) and 153A is valid when the search warrant named a dissolved partnership firm.
10 Jul 2025The appeal before the Bombay High Court arose from an order of the Income Tax Appellate Tribunal dated 7 April 2017 in ITA No. 2853/Mum/2015 for asses...
