commission basis and dealing
3
in fresh booking of the pre launched projects of big builders and being the
authorized agent of the dealer ... prospective purchasers and to induce them to
invest in the pre launched projects, would definitely serve the purpose of the
assessee. When the learned
amounts were received after the commencement of the
project or these were received at the pre-launch stage.
(iii) Please furnish photocopies of the agreement ... amounts were received after the
commencement of the project or these were
received at the pre-launch stage.
28 ITA No. 5740/Del/2013
Suncity
hedged with various
conditions, including in particular, prohibition on pre-launch of the Project, the
assessee, on pre-launch basis, entered into agreement for sale
acres of land at Focal Point, Phase VIII, Ludhiana ("Project"). For the
assessment year 2008-09, the assessee filed the original return ... hedged with various conditions, including in particular, prohibition on
pre-launch of the Project, the assessee, on pre-launch basis, entered
into agreement for sale
right perspective. He submitted that assessee is
engaged in pre launch booking the project. The booking has to be
carried out at various stations ... these persons for booking of the flats /
plots at pre launching of project commenced by the builder. The
objection
meanwhile, the assessee Company had entered into an agreement to sell on
pre-launch basis with M/s Estate Investment Solution ... proposed project of industrial and residential township
was in that particular assessment year could not be implemented and thus
pre-launch agreement which is banned
Even the road show conducted for launching of the project
were only promotional activities and are therefore pre-
operational in nature. From the details ... even the road show
conducted for launching of the project were only promotional
activities and are therefore pre-operational in nature. Thereafter
nature of business includes booking of flats at pre-launch
stage in the projects of various reputed builders including Unitech. CIT(A)
has alternatively held ... working for the Unitech or DLF project. The assessee has booked the flats
at pre-launch stage and to promote the sales Mrs. Johar
Ms. Ravina Khurana, New Delhi vs Dcit, New Delhi on 26 March, 2018
IN THE
Jaypee Infratech Ltd., Noida vs Assessee on 13 April, 2015
ITA NO. 3339/Del/2014
