this Act, the property taxes shall be levied on lands and buildings in Delhi and shall consist of the following, namely ... more than thirty per cent of the readable value of lands and buildings within the urban areas, and
(II)on lands and buildings within
provide any incentive for construction of buildings for rental housing and failed to
provide solutions to the problems. It was in this background that ... reasonable
increase in rents will act as an incentive for people to build and maintain their
premises.
17. The National Housing Policy of 1992 which
aesthetic beauty of North Campus of Delhi University
which houses historical buildings, colleges, viceroy lodge etc. The plot
was acquired for the purpose of Mass ... tracks supporting at
grade, elevated and underground including entry
structures, ancillary buildings to house DG sets,
chilling plants and electric substation, supply exhaust
and tunnel
Commissioner Of Income Tax (Central)-I vs Manish Build Well Pvt. Ltd. on 15 November, 2011
Author: R.V. Easwar
Bench: Sanjiv Khanna ... INCOME TAX (CENTRAL)-I .... Appellant
Through: Mr. Sanjeev Rajpal, Advocate.
VERSUS
MANISH BUILD WELL PVT. LTD. .....Respondent
Through : Mr.Siddharth S. Dev, Advocate.
CORAM
said
Entry 49 deals directly with "taxes on lands and buildings". That entry is
an independent entry and is unconnected with Entry ... State List which is as
under:-
"49. Taxes on lands and buildings."
Entry 49 of the State List is an independent entry, unconnected
respect of insurance against risk of damage or destruction of buildings, machinery, plant, furniture, stocks or stores used for the purposes of the business, profession ... amount of any premium paid;...
(vi) in respect of depreciation of such buildings? machinery, plant or furniture being the property of the assessed
casual or Occasional cultivation, but does not include--land occupied by buildings in belts of areas adjacent to Delhi town and New Delhi town, which ... various purposes connected with agricultural horticultural, animal husbandry, poultry etc. or buildings appurtenant being treated as land for purposes of Land Reforms Act , the inclusive
private limited company engaged in the business of construction of buildings. The short point for decision is the rate of income-tax chargeable ... assessed, various manufacturing processes were involved in the construction of buildings and, hence, the assessed should be treated as an "industrial company
provision in Section 127A in clause (b) of sub- section 2 exempted buildings whose annual letting value was not in excess of Rs.1800 ... shall be deemed to be the aggregate annual letting value of all buildings or lands owned by him in the Municipality. The High Court took
Nangia Construction India (P) Ltd. vs National Buildings Construction ... on 23 April, 1990
Equivalent citations: II(1990)BC51, [1992]73COMPCAS701(DELHI), 41(1990)DLT359, 1990RLR252 ... said interim application, the. applicant/petitioner prays that respondent No. 1 National Buildings Construction Corporation Ltd., and respondent No. 2, the Chairman-cum-Managing Director
