Supreme Court · 2015 INSC 427 · Decided 15 May 2015
Commissioner of Income TAX-19 MUMBAI. v. M/S. Sarkar Builders
- Court
- Supreme Court of India
- Citation
- 2015 INSC 427 · [2015] 7 S.C.R. 56
- Case number
- CIVIL APPEAL No. 4476/2015
- Decided
- 15 May 2015
- Bench
- A.K. SIKRI, R.F. NARIMAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 8018(10)
Headnote
Income Tax Act, 1961: s.8018(10) (as amended by c Finance No.2 Act, 2004 w.e.f. 1.4.2005- Deduction in case of undertaking developing and building housing projects - By Clause (d) inserted by amendment and made effective from 1.4.2005, it was stipulated that the built up area of shop and other housing projects D would not exceed 5% .'lf aggregate built up area of housing project or 2000 sq. feet whichever is less -Whether s.80/B(10)(d) applies to a housing project approved before 31.03.2005 but completed on or after 01.04.2005 - Held: This amendment is prospective and has come into
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)