housing projects with commercial
user to the extent permitted under the DC Rules framed by the respective
local authority. In other words, it was known ... with the commercial user to the extent permitted
under the DC Rules, then the project approved with the permissible
commercial user would be eligible
residential units with
commercial user to the extent permitted under the DC Rules/Regulations
framed by the respective local authority. He submitted further that ... present case, the commercial user is
allowed in accordance with the DC Rules and hence the assessee
was entitled to Section 80IB(10) deduction
residential units with commercial user to the extent
permitted under the DC Rules / Regulations framed by the respective local
authorities subject to the fulfillment ... with commercial user are not to the extent permitted under the
DC Rules / Regulations. If that be the position the assessee becomes entitled to
deduction
local authorities with commercial user to the extent
permissible under the DC Rules / Regulation were entitled to Section
80IB(10) deduction, with effect from
residential units with commercial user to the extent
permitted under the DC Rules / Regulations framed by the respective local
authority.
b) In such a case ... local
authority is within the limits prescribed under the DC Rules / Regulation,
the deduction under Section 80IB(10) upto 31/3/2005 would be allowable
residential units
with commercial user to the extent permitted under the DC
Rules / Regulations framed by the respective local authority.
b) In such a case ... local authority is within the limits prescribed under the DC
Rules / Regulation, the deduction under Section 80IB(10) upto
31/3/2005 would be allowable
Counsel is that the local authority in
terms of DC Rules and Maharashtra Regional Town Planning Act, 1966
(in short "MRTP Act") mandates
residential units
with commercial user to the extent permitted under the DC
Rules / Regulations framed by the respective local authority.
b) In such a case ... local authority is within the limits prescribed under the DC
Rules / Regulation, the deduction under Section 80IB(10) upto
31/3/2005 would be allowable
plot is
84875 Sq.Mts. As per the D.C. Rules, the assessee was required to give
area for the D.P. road, as well ... area
left. The said area is left as per the DC Rules, but while sanctioning the
FSI, the total area of the plot is considered
then the PMC was liable to prosecute the person as per DC Rules etc.
The specific default under the ULC Act was also mentioned ... then PMC was liable to prosecute
the person as per DC Rules, etc. The specific default under ULC Act was also
mentioned in the notice
