Rehabilitation Authority (SRA) dated
16.04.2005 in respect of certain land occupied by slums in Borivali,
Mumbai. Under the LOI, the assessee firm had constructed Rehabilitation ... understand the scheme of Slump Rehabilitation which deal with problem
of proliferating slums all over the city of Mumbai. The Government has
announced scheme
Shivalik Ventures Pvt. Ltd.
proposal to Slum Development Authority (SRA) for development of the
plot. After allocation of area for welfare purposes, it was entitled ... reservation. Apart from the above, the said land consisted of 138 slums.
The slum members jointly formed a Society named as "Siddhivinayak
Assessment year
2007-08 constructed housing project, which was approved by
Slum Rehabilitation Authority on which, the assessee claimed
the amount ... reconstruction or redevelopment of existing
buildings in areas declared to be slum areas under
any law for the time being in force and such scheme
engaged in the business of
real estate development, construction of building and slum
rehabilitation. During the year under consideration, the assessee
undertook construction of tenements ... under Slum Rehabilitation
2
ITA No.4190/Mum/2016
M/s. Aarti Projects And Constructions, Mumbai
Scheme of the Government of Maharashtra ('the said
entered into development
agreement for the purpose of re-development of the slum, in which they
were residing, with the developer M/s Jiva Builders ... Matunga Division, Antop Hill, Wadala. The said property
consisting of slum structuring Pucca Chawls mainly residential and few
structure being used as shop/ commercial premises
80IB(10) of
Rs.2,05,33,831/- in respect of Slum Rehabilitation Project (SRA)
ignoring the fact that project was approved prior ... style of "Kingston
Tower" . The project was approved by Slum Rehabilitation Authority(SRA) of
the Maharashtra State. On perusal of auditors report
clearing
the land required for the airport, since it was occupied by slum dwellers. The
MIAL entered into an agreement with MMRDA to free those ... lands occupied by
slum dwellers. Accordingly the MIAL entered into a slum rehabilitation
agreement with the assessee on 15-10-2007, which contained the entire
from M/s. Bombay Industrial Corporation in F.Y.2009-10 to
Slum Rehabilitation Authority ("SRA") for a consideration in terms of
Transferable ... hand-over the
constructed tenements to the Project Implementing Authority, viz. Slum
Rehabilitation Authority. Assessing Officer observed that, in lieu of the
above, the company
less than one acre. The
Assessing Officer required the assessee to submit Slum
Rehabilitation Authority (for short "SRA") details, copy of
approval ... Assessing Officer found that the assessee's Dharavi Project
is in slum area, which is a slum project and area of the plot
Slum Rehabilitation Authority, Mumbai vs Dit (E) , Mumbai on 9 November, 2016
IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH "C",MUMBAI
BEFORE SHRI ... JUDICIAL MEMBER
ITA No.4049/Mum/2014 for (Assessment Year : 2010-11)
Slum Rehabilitation Authority DIT (E)
Finance Controller, SRA Room No. 616, 6th Floor
