recovery, failover or archival purposes.
Customer has no right to rent, lease, assign, transfer, sub
license, display or otherwise distribute or make the Program
available ... software.
Under the agreement the customers have no right to rent, lease,
assign, transfer, sub-license, display or otherwise distribute or
make the program available
borrower including the right to
transfer by way of lease, assignment or sale for realising the secured asset;
(b) take over the management ... borrower including the right to
transfer by way of lease, assignment or sale for realising the secured asset:
PROVIDED that the right to transfer
lease is
reproduced herein below.
Sec. 55 Transfer of Lease , by The same duty as a conveyance
way of assignment [No.18] on the marked ... lease, the market value
shall be equal to the amount or
value calculated under article 29
depending upon the period of the
lease assigned.
Exemption
These clauses read as
follows:
"3. SFFPL will retain/rental/sub-lease to the intending Lessee's, as the case ... shall also be entitled to enter into agreements, including sub-lease, under-
lease, assignment of lease in respect of built up space containing such provisions
disallowing the loss on assignment of lease
rentals of Rs.2,99,88,342/- and depreciation of Rs.11,43,84,250/- claimed
in respect ... Officer with respect to the claim of loss on account of assignment
of lease rentals, detailed submissions were made on allowability of loss
through letter
agreement. The assessee entered into another
development agreement cum deed of assignment of lease with another
developer Voleta Developers Pvt. Ltd on 22.12.2011 assigning ... assessee entered into a new development agreement cum deed of
assignment of lease with another developer Voleta Developers Pvt. Ltd.
on 22-12-2011, which
roped in, in the agreement for
goodwill by way of sale / assignment. Further, "business or commercial
rights of similar nature" are not manufactured ... 2015
M/s Cresa Financial Services Pvt. Ltd., Rajahmundry
transferred/assigned/leased. Accordingly the AO disallowed the
depreciation claimed by the assessee.
3. Aggrieved
roped in, in the agreement for
goodwill by way of sale / assignment. Further, "business or commercial
rights of similar nature" are not manufactured ... 2015
M/s Cresa Financial Services Pvt. Ltd., Rajahmundry
transferred/assigned/leased. Accordingly the AO disallowed the
depreciation claimed by the assessee.
3. Aggrieved
government of
Maharashtra and the lease were renewed from year to year after expiry of lease
period. The said assignment of lease rights were ... hectares, had renewed these leases
even though lease period had expired from 1949 to 1982. The Government also
provided for assignment of lease rights
licenses/franchises etc. are intellectual
property rights, which can be transferred/assigned/ leased out to any
other parties for a price. Non-compete agreement between ... like know-how, patents, copyrights, trademarks, licenses/ franchises etc.
can be sold/assigned to any other person for a value but non-compete
right acquired
