property under DCR 33(10)
of the DCR 1991 and under SRA Scheme
with the absolute authority to carry out such
development at their cost
conveyed the same to the Slum Rehabilitation Authority as per SRA
Scheme. Since the assessee put the claim that its activities also form part ... handed over the same to Slum Rehabilitation Authority as per
SRA scheme. The assessee got TDR rights consequent to the same. The
assessee sold
engaged in the business
of developer and clearance and rehabilitation of SRA Schemes. A survey u/s
133A was carried out in the premises
developer of project, assessee is not right
owner cum developer of SRA Project. Therefore, the assessee was not granted
the deduction under section 80IB ... said
agreement the balance FSI was available for construction as per SRA scheme.
The assessee is developer and allowed to construct the tenements for sale
Jawahar B. Purohit, Mumbai vs Asst Cit Cen Cir 22Xc, Mumbai on 20 September, 2017
tenements were handed over to the Slum
Re-development Authority (SRA). The scheme of sale of flats
was under SRA and was governed by Development ... hand
over the new homes. Since the SRA did not have sufficient
funds and as per the scheme devised the payment was
agreed
building No.C-2 was issued on 17/01/2008
(No.SRA/Eng/ 731/HE/PL/AP/OCC).
2.9 Under the aforementioned facts ... slum
area under a Govt. scheme and overrides the condition
mentioned in clauses (a) and (b). The scheme of SRA
contained in regulation
from the Developers and has approved the scheme
in principle on the said property. as Slum Rehabilitation Scheme
under clause 3. (1 of Appendix ... developing and sale of the property, and then approached SRA with a
scheme which is approved in principle. A letter of intent was issued
subject
grant of development rights of the
property under the scheme sanctioned by SRA and consequent of
8
Anaydev Projects P. Ltd,
ITA no.2620
engaged in work of slum
redevelopment as per the scheme approved by Slum Redevelopment Authority
(SRA) had claimed as loss