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22. We have duly considered rival submissions and gone through the record carefully. Copy of the sale deed is available on page no.28 of the paper book. A perusal of the sale deed would indicate that Ashwamegh Cooperative Hsg. Society Ltd., has been shown as vendor no.1; Secretary, Shri Jignesh Ranjibhai Patel has been shown as vendor no.2. Shri Sanjaybhai Chimanlal, self and constituted attorney of Smt.Satyavatiben Jaigopal, and Shri Nandlal Jaigopal has been shown as vendor no.3. Name of the assessee is being mentioned as an organizer and developer. The sale deed thereafter disclosed that vendors have three pieces of land "A", "B" and "C" aggregating to 2,54,385 sq.meters. Its permission was obtained for development of this land. The details have been mentioned in clause-7 of the sale deed. The total area, which was available to the vendor for use was 1,98,283 sq.meters. Out of this, vendors have carved out 157 plots to be marketed by way of sale. This will consume an area of 1,74,655 sq.meters. Eight plots were used for common open lands, common service area and this will consume an area of 10,429.84 sq.meters. Thereafter, 13199 sq.meters area was referred for internal sanctioned roads. Thus, out of these 157 plots, plots no.151 were sold by these three vendors to Shri Arvindbhai Dalwadi. At this stage, two conditions of the sale deed deserve to be noted, which read as under: