further states that the assessee's share in open space
in common area out of 40,700 Sq.Mtrs is undivided. This is factually ... stated that the open space is common undivided area. This is
factually not correct. It is submitted that over the open space
stock-in-trade, the plotted area reduced to
21827.13 sq. mtrs., as the balance area was left for common amenities, open
space, roads ... other words, the net plotted area remained
21827.13 sq.mtr and the balance was left for open space, roads, common
amenities, etc. For computation
other words, the net plotted area remained 21827.13 sq.mtr
and the balance was left for open space, roads, common
amenities, etc. For computation
other words, the net plotted area remained 21827.13 sq.mtr
and the balance was left for open space, roads, common
amenities, etc. For computation
aggregate
amounts receivable in respect of plot booking even though the
sales/possession of the said plot booking were not made and
whereas ... land is used for internal road, open
space, children play park, and for other common amenities.
And therefore, after deducting the land for the road
Khopade Kisanrao Manikrao vs Assistant Commissioner Of Income Tax on 27 January, 2000
ORDER
January
same constitutes an
integral part of the housing project. The area of common roads, area of
transformer etc. obviously fall within the meaning of amenity ... total area of the plot of land is 4500
sq.mtrs which includes the area meant for open space of 445.16
sq.mtrs and area
Sameer Balasaheb Ladkat, Pune vs Assessee on 18 July, 2012
IN THE INCOME TAX APPELLATE
Officer had no fresh material enabling him to re-open the assessments. Even after re-opening, the assets brought to tax would have been exempt ... Assessing Officer re-opened the assessments for the assessment years 1984-85, 1985-86 and 1986-87 by recording following common reasons in the order
mentioned more than 1500 Sq.ft. since it
included area of open land/garden and if that is excluded, then area of
row house ... balconies but does not include common area shared with
other residential units. Ld. CIT has included the open land/garden while
computing the total area
