buildings and sale of flats therein. According to the learned senior counsel, the
assessee treated the constructed and unsold flats area as stock-in-trade ... time of delivery of possession of the apartments to the respective flat
purchasers. From the plain reading of the transactional documents we therefore find that
flats from SMRL from the housing
project located at Mantri Park, Goregaon (East), Mumbai. All these flats
are equal in areas admeasuring ... flats in
question is determined as under:
Total agreement value of 22 flats Rs.12,16,80,090/-
Total area sold
conveyance for the flat in question but all documents speak that Complainant have alleged that the flat is of less area of 12 sqft ... flat and holding the balance consideration of Rs. 30,000/- upon one and only plea that the flat is of less area of 12 sqft
super area of the flat per month for the period of delay. It
is stated that construction of the project did not start ... super
area of the flat per month for the period of delay.
4. On merits, OP has admitted that the flat in question was booked
Flat
rate Rs. 50/-
p.m.
II 22,34 & 35 16 13 12 Min.Tax at Flat
rate ... Flat
rate Rs. 50/-
p.m.
IV Other-Sectors 10 8 6 Min.Tax at Flat
Industrial Area rate
documentation, registration number of
document, built up area, super built up area,
carpet area and flat no., etc. In the order dated
11.12.2018 dealing with ... 20078/2018 JUDGMENT
area, carpet area and Flat No. A perusal of the
statement shows that the names of the purchasers
are serial wise
observed that assessee submitted details
containing saleable area and carpet area in respect of each
flat. On going through the same, it was noticed that ... area and
not on the basis of loading on carpet area to determine
saleable area which works out 45% as shown below:-
Flat No. Saleable
second defendant constructed 7
flats out of which two flats were given to the plaintiff and four flats
were sold to parties closely associated ... built up
area. Out of the plaintiff's share of constructed area of 3000 sq.ft.,
a flat measuring about
several type of tenaments i.e. Row
houses, smaller Flats, bigger flats etc. The area of row
houses is much bigger than the prescribed area ... though Assessing
Officer has deputed Inspector for the verification of
the areas of Flats in the said Housing Project, he has
just relied
placed, was though maintained, but he could not tell
about the area/flat/roof or other details regarding the set in
question. However, he maintained
