Development Corporation )
A Statutory Corporation, constituted )
under the Provisions of the MIDC )
Act, having registered office at )
Jeevan Prakash, 4th floor, )
Mumbai 400 001. ... Respondent ... that the MIDC could not have
returned demand drafts submitted by the Petitioners on 9.3.2005 and
that by doing so, the MIDC acted
Maharashtra
Industrial Development Corporation Act (for short, the " MIDC Act ").
::: Uploaded on - 18/07/2017 ::: Downloaded on - 18/07/2017 ... Section 32 (2) MIDC Act notification was issued on 30.11.1989 and the
Award was passed by the Land Acquisition Officer on 13.11.1995. The
rate determined
Limited,
company incorporated under the
Companies Act, 1956 having project office
at A-53, Road No.1,MIDC Industrial Area,
Marol, Andheri (East),
Mumbai ... Company incorporated under the
Companies Act, 1956 having its Project
Office at -53,Road No.1, MIDC
::: Uploaded on - 10/03/2017 ::: Downloaded
PETITION NO.6583/2017
M/s. Shree Balaji Ginning &
Pressing Factory, MIDC
Bhokardan Road, Jafrabad, Jalna
Through partner Smt.Chandrakalabai
Rampratap Khandelwal ... vesting in a corporation as contemplated u/s 39
of the MIDC Act, 1961 cannot take place by private
negotiations. Respondents
referred to as, "MIDC") by the State-respondent
No.1. Notification under Section 32(1) of the MIDC Act was published in
Government
referred to as, "MIDC") by the State-respondent
No.1. Notification under Section 32(1) of the MIDC Act was published in
Government
Navi Mumbai to Maharashtra
Industrial Development Corporation(hereinafter called as MIDC). The said
authority MIDC has allotted 50 acres of land for a consideration ... Act. We are, therefore, inclined to hold that re-opening of
assessment u/s 147 of the Act is valid and accordingly the ground raised
Act is totally different than the provisions of the Land Acquisition
Act, 1894 . He submits that the Land Acquisition Act is a general Act ... provisions of section 32(6) of
the MID Act and possession thereafter handed over to the MIDC as per
the provisions
order passed under section 143(3) of Income Tax Act 1961 (in short the
'Act').
2. The cross appeals filed by the assessee ... building
constructed on leasehold land owned by MIDC applying provisions of section
50C of the Act as against short term capital gains of Nil declared
Navi Mumbai to Maharashtra
Industrial Development Corporation(hereinafter called as MIDC). The said
authority MIDC has allotted 50 acres of land for a consideration ... Act. We are, therefore, inclined to hold that re-opening of
assessment u/s 147 of the Act is valid and accordingly the ground raised
