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80 ib (10) housing projects

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(Querist)
18 December 2014 if the housing project get approval after 31.03.2005 then when should be project ?? In this case project has been completed on 31.03.2011 then whether it will qualified 80 (10)??
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
19 December 2014 date of approval is relevant for the purpose section 80-IB.

However for may be eligible for for deduction under section 35AD.

Kindly read section 35AD for reference

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