cent from the property in question in perpetuity. From Parks' table given at page 296 (4th edition) this position becomes immdiately clear (see foot ... invested and that this yield would be forthcoming in perpetuity (see Parks' table of years' purchase at page 296, 4th edition). The above
order and to the table
given by the Assessing Officer at page 4 as under -
Cash deposit on 25.11.2005 at Park Street Cash withdrawal
assessment year under dispute for the
aforesaid two flats including car parking space and cost of land was Rs.31.50,000/-.
The AO determined ... following table :-
Property Investment as per Investment taken by Difference
assessee's claim AO as per Valuation
Cell
7A, Deshapriya Park
taken during the financial
year under consideration (2010-2011 )
(Rs.)
Bengal Intelligent Parks Pvt. Ltd. Subsidiary 2,41,00,000/-
BIP Developers Private ltd. Subsidiary ... Software Parks Private Limited Subsidiary 11,17,21,750/-
International Biotech Park Limited Subsidiary 21,89,00,000/-
TCG Software Parks Private Limited Subsidiary
Appejay Surrender Park Hotels Ltd. 1281710.00
AMRI Hospitals Ltd. 1209766.00
Bengal Park Chamber Housing Dev. Ltd. 475000.00
Darjeeling Tea Estates Pvt.ltd. 700000.00
Vodafone Essar ... Recd. As on 31.03.2010 11660292.00
36785698.00
The pertinent data of the above table is the last column 'Total Credit/Received'
[which
extracts above) to Mani Square Limited for purchase of fiat and car
parks in Shiromani Project.
Further, it is also noteworthy that the above calculations ... sold during the year and the information was set out in the Table at
Page 8 of the assessment order. Referring to documents identified with
Pune Tribunal in the matter of DCIT vs. Tetra Park India (P)
Ltd reported in [2017] 86 taxmann.com 257 (Pune - Trib.), wherein ... services in the nature of education & training etc.
received by Tetra Park India, (g) commission received, (h) reimbursement of
expenses to associated enterprises
Fort Projects (P) Ltd., Kolkata vs Assessee
आयकर अपीलीय अधीकरण, Ûयायपीठ - " A" कोलकाता
Spike Portfolio Consultants Ltd. and M/s. Aabis Knowledge
Park were the major share holder/investor of the assessee
company with 49.44% and 49.43% stake ... Portfolio 49.44 Rs. 48,93,69,480/-
Consultants Ltd.
2 Aabis Knowledge Park 49.43 Rs. 48,92,70,497.5
3 Others
M/S. Philips India Limited (Formerly ... vs Acit, Circle - 12(2), Kolkata , Kolkata on 4
