crore
cannot be bifurcated between the two units because sale deed is
composite and agreement to sale is composite and property in question
is treated ... purchasers. Since the
agreement as well as the sale deed, are composite,
the entire proper tin question is treated as only one
property
assessee purchases building
and the purchase price (as per sale deed) is a composite one (sale deed
does not indicate the prices of land
lease rent as provided in the lease deed plus taxes, electricity
charges and outgoings. The said lease deed was not registered. The
school building ... sources' by stating that lease deed to let out school building with
infrastructure & amenities is composite & in-separable as also
mentioning that
copy of the deed of partnership. It is clear from the details available on record that assessee rendered composite services, Assessee was not engaged only
Edition, Page 1210).
13. It is seen from the dissolution deeds brought about in April 1979 that the retiring partners assigned and released all that ... partnership deeds of 1977 that the firms were doing business even earlier for a fairly long time in a different composition of partnership. Obviously
equity warrants are subject to terms of this letter of offer, the composite application form, the Memorandum and Articles of Association of the company ... other terms and conditions as may be contained in the debenture trust deed, Debenture certificate and other relevant documents. Subject to the aforesaid, principal terms
duly audited by the Auditors".
7. We have perused the Trust-deed dated 23rd October 1981, the Trust was
created for charitable and religious ... Dawoodi Bhora Jamat (supra) held that the
Trust which is registered with composite object i.e. charitable and religious
would not be expelled
aggregate consideration of Rs.225 Lacs
during the year. In the deed of agreement, the value assigned to land
was Rs.51.47 Lacs whereas ... value assigned to shed was Rs.173.53
Lacs. The agreement is composite agreement by which the assessee
has transferred its interest in land
real character of that transaction. In this
background study of agreements/deeds signed by the Appellant and PIL is not only useful
but essential ... carry out that business.
12.1.One may say that agreements and deeds should be seen in substance and their form
should be ignored to arrive
assessee is engaged in the business of real estate development
vide composite orders dated 18.10.2014 , by holding as under:-
" 10. We have considered ... nature, character and business of the assessee, the
clauses of the partnership deed as well as the terms and
conditions of the agreement entered into
