rate of interest to a fixed rate,
the complainant paid inadequate conversion fees to the opponent
Bank. The District Forum failed to appreciate the facts ... opponent, however complainant has not paid the full conversion
fees. Therefore opponent could not revise the rate of interest. There
is no document on record
question
is a commercial in nature. It is wrongly noticed conversion fees Rs. 100 - 110
Crores is required to be paid to convert the land ... land in question
and in the notice wrongly mentioned that conversion fees for the land in
question to industrial use is Rs. 110 Crores
Conversion Sanad was
granted to Respondent No. 17, for conversion of 57990 sq.
meters of the property bearing Survey No. 259/1. The said
conversion ... Conversion Sanad dated 09.12.2016.
58. The said Conversion Sanad dated 09.12.2016 was granted,
after the Respondent No. 17, effected payment of the
stipulated conversion fee
Bang/2018
Smt. Mamatha Mohan, Mysore
Page 7 of 14
Conversion Fee paid to MUDA for Industrial to Commercial Purpose:
(i) Conversion Fee paid
Sale Consideration 1,95,65,000
Less: Cost of Acquisition
Conversion fee as discussed at para 5.1 NIL
Sale Price, Stamp Duty & Registration fee
M/S Modern Malleables Limited, Kolkata vs D.C.I.T Cir - 8(1), Kolkata
shall be deemed to have
been converted upon payment of conversion fine or fees payable, if
any. It is submitted that the intimation ... fees was given to the
Appellant only on 08.09.2016, despite the application for conversion
having been made on 16.02.2016, i.e. after 216 days.
NOTE
commercial part of property no. 446, Guru Nanak Gali and conversion
charge upto which period has been paid for the said part, provide certified copy ... collected from the office of AE conversion to
ascertain whether any conversion charges, parking fees has been deposited or not.
PIO is also
various heads such as legal expenses, lawyer's
fees, stamping charges, registration charges, conversion and tax expense etc.
6.1 Similarly, the assessee further claimed
update dues for conversion into freehold,
along with calculation sheet. In this regard, he sought following information:-
a) Amount towards conversion charges
b) Interest ... been
informed about rejection of his Conversion application due to non-payment of
the Composition fee. The Respondent has submitted a written note dated
