paid the aforesaid
amount of Rs.22,36,130/- for regularizing deviations in building structure
within the permissible limits. The Assessing Officer
Section 37(1) and which clearly lays down
that violation to building laws, may be compounded under
Municipal Corporation Act , but penalty levied for such ... establish that violation was merely in
respect of slight deviations for original plan. This was onus
of assessee!!
On facts on record; this is apparent
held
that when there is no deviation of funds there are minor
contradictions or deviation in the accounts, this by itself cannot
substantiate the allegation ... donation receipts. The donations were utilized for
construction of school building, is clearly an educational
8
/charitable purpose. But at no stretch of imagination
held that when there is no deviation of funds there are minor
contradictions or deviation in the accounts, this by itself cannot substantiate
the allegation ... donation receipts. The donations were
utilized for construction of school building, is clearly an educational
/charitable purpose. But at no stretch of imagination
that letting is not merely of the building but a composite let out of both
the building as well as equipment/furniture etc and thereby ... building as income under the head "Income from other sources".
10. We do not find any reason to deviate from the same. Therefore
building were
approved by the GDA on 11/07/2005. According to the GDA, the
9
ITA No. 1332/Del/2011
assessee made some deviation ... accepted
and accordingly, the assessee paid the said sum and revised building
plans was approved by the GDA. The assessee submitted before
record calling for such deviation. Thus in our considered view
assessee had granted a portion of the building on lease to M/s.ALP
Plastics
being interest on borrowings used for construction of office building. The assessee had capitalized such interest in its books of account but claimed the same ... allow the deduction for interest on borrowings spent for construction of a building which was not put to use during the year. According
without doubt that the building material such as cement and bricks
were used to construct a new building and therefore the such expenditure
needs ... year 2001 - 02. The revenue could not show us any
reason to deviate from the decision of the Hon'ble Punjab and Haryana
High
Dalmia Bharat Sugar And Industries ... vs Dcit (Ltu), New Delhi on 3 August, 2021
INCOME