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Question ID : 1115

sub section 10 of section 80 IB

(i) Who is entitled to exemption- developer(builder), owner or both?
(ii) If some of the units have built-up area exceedg the prescribed limit of 1000,1 sq. ft. whether proportionate deduction will be allowed or no deduction will be allowed?
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Posted by NAVEEN KUMAR MITTAL on Dec 22, 2005
Filed Under DIRECT TAXES

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