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
laws and without
any sanction from relevant authorities, has been started on Plot no. 313 A-B, GaIi No. 10/11, Joshi Road,
of which ... owner as relevant setbacks and
open areas as per the FAR rules for the entire plot i.e. Plot no. 313 A-B, Gali
record, it has been clarified in second para
that open area adjoining common lift in front of flats no.106, 206 and 306
(marked ... towards transformer. We find that as per
agreement for sale of plot dated 11.4.2008 in terms of condition no.7 charges
for electric meter
Sameer Balasaheb Ladkat, Pune vs Assessee on 18 July, 2012
IN THE INCOME TAX APPELLATE
preparing a lay-out, carving
out roads, leaving open space, plotting out smaller plots, waiting for purchasers
(meanwhile the invested money will be blocked ... required to be set apart for carrying out lands and plotting out small
plots. The discounting will to some extent also depend on whether
same, it is proposed to dispose of
these cases by a common order by taking the facts from First Appeal No.419 of
2007 wherein ... Jalandhar and the late father of the Respondent had purchased Plot No.87 in
open auction. A
11 K.V. high tension wire was passing
argument of the Ld.
Counsel is that the as the plot is common, hence, the assessee has
shown the buildings appearing in the first plant ... project is partly completed. In our opinion, as the plot
of land is common for both the phases, hence, as per their regulations
the Municipal
open space'. He submitted that portion of open land which was
handed over to the Municipal Corporation was never the part of open
space ... plot bearing CTS No.14813/104
which widely make it clear that it is different plot and has nothing to
do with the plot
Channel Guide India Ltd., Mumbai vs Department Of Income Tax on 7 June, 2012
IN
Manjeet Sharma & Ors vs Union Of India & Ors. -Respondents on 28 May, 2012
