section 80 IB(10)

Ms.Chaya Maheswari

In sub-section (1) of section 80IB it has been clarified that deduction under this section  is--------------such percentage and for such for such number of years.

In sub-sectin (10) of the section it has been clarified that the deduction is 100% of the profits derived for such housing project.  That means the profits derived from the housing project may be spread over a number of years. 

Hope you have got the clarification.

Best Wishes

Sathikonda