right in plot
against which the assessee was allotted leasehold plot which could not be
considered as agricultural land transferred during the year. This ... capital gain' on
account of such transfer of the leasehold Plot to 'P'. The assessee's case
was that the original
lease premium
under the lease deed(s) isacquisition of leasehold rights in the said
leasehold plots and not for the use of the plots. Lease ... towards transfer of larger interest/ right (leasehold
right) by CIDCO to us in the said leasehold plots arid not just for its
use as envisaged
2012
6
acquisition of leasehold rights in the said leasehold plots and not for the use of the
plots. Lease premium are consideration for purchase ... towards transfer of larger interest/ right (leasehold right) by CIDCO to us in the
said leasehold plots arid not just for its use as envisaged
Section 50-C in respect of following
properties:-
(i) Industrial leasehold plot of 600 sq. mtrs. at Greater Noida,
District Gautam Budh Nagar, UP, which ... case of Shri Naseem Ahmed only).
3. The industrial leasehold plot at Greater Noida is shown to be sold
for a consolidated
MoHUA,
for the policy document in respect of:
1. Conversion of leasehold plots Residential / Commercial / Industrial ... Plots into Freehold plots without insisting for construction on the said
plot.
2. Still DDA keeps on allotting the Residential / Commercial / Industrial
Plots on Leasehold
MoHUA,
for the policy document in respect of:
1. Conversion of leasehold plots Residential / Commercial / Industrial ... Plots into Freehold plots without insisting for construction on the said
plot.
2. Still DDA keeps on allotting the Residential / Commercial / Industrial
Plots on Leasehold
showed
lease rent received at `6,000 p.a. for the leasehold plot of land. It was also
claimed that the assessee had paid lease ... being called upon to furnish the details of purchase of leasehold plots, copy
of agreement for purchase etc., the assessee stated that an agreement
handed over to the complainant against development rights of certain
leasehold plots. It is further
submitted that the complainant is a builder/developer and having ... complainant and the opponent with certain arrangement to
develop the leasehold plot taken over under the Tripartite Agreement
bearing Nos.161 & 161A located
leasehold residential plot. Commenting upon the adjustments made by the Valuation Officer, the AO observed that the adjustments of situation/location were allowed ... further obligation whereas in case of a purchaser of a leasehold plot in normal sale, the unearned increase is to be paid which affects
Swastik Household And Industrial ... vs Income-Tax Officer on 9 November, 1987
Equivalent citations: [1988
