Indian Kanoon - Search engine for Indian Law

draw our attention towards the advertising and publicity; charges of the sample flat and site development. He stated that these expenses are direct bearing

source on payments to the housing societies for maintenance of flats. 4.3 On the other hand, the Ld. counsel relied on the order ... maintenance charges in respect of the flats owned by the assessee company. We have also perused the sample copies of certificates issued by the Cooperative

appellant has given possession of the flats to prospective buyers. The clause 2 of the sample agreements submitted by the appellant during the appellate proceedings

rates for the flats sold in Parsvanath Prestige Apartments, Section 93A, Noida and has not considered comparable rates for the flats sold in Supertech Emerald ... fact that the flats at the lower floors are cheaper than at upper floors. The AR produced some sample sale deeds to support his submission

allottee as also the "restrictions" on transfer of the flat by an allottee, the remaining clauses being of a routine nature ... allottees and which contains the following heads/columns:- (a) Cost of flat, (b) Amount already paid. (c) Add interest chargeable on account of late payment

accounted for in the statutory records. Thus, the production of billets and flats did not match as per the standard norms of the industry ... shows that the percentage of content of Ferro chrome made in the sample was 13.4% as against consumption of more than 40% shown

1429/D/2016 6 FLAT NO 211 SECOUND FLOOR, ARIZONA HEMKUNT VENTURES PVT LTD CHAMBERS, 89 (FORMERLY NEHRU PLACE, DIGIVIVE VENTURE NEW DELHI ... were not properly responded though assessee had submitted the requisite information. On sample basis, the Assessing Officer issued notices u/s.131 to some

account of area of flat, location of flat and front/back floor on which the flat is located, payment schedule, how much amount is paid ... square foot. However, basically such flats were booked through one Mr. Naresh Grover of Nagpur having clientele of either NRIs or high status clients

details of expenses Page 5 of 8 such as designing and Sampling charges, dying Printing & Finishing charges, Electricity & Water Charges, Fabrication expenses, Generator ... aggregating Rs 73.32 Lakhs have been made to the builders for booking flats as investment. I agree with the AO that these advances for booking

adopted the project completion method for revenue recognition. From the sample copy of one of the prospective buyers submitted before us at page ... 6506/Del./2014 9 clear that the total value of the flat/shop was quite an ascertained value and nothing sort of it is depicted