assessee applied the Municipal Corporation of Greater Bombay for sub-division of plot and for approval to the proposed layout. On 27th ... assessee had applied to Municipal Corporation of Greater Bombay for sub-division of the plot. Thus, the assessee had reasonable belief that it could acquire
vertical expansion without modifying the existing twin
bungalows on the vacant plot. It was submitted that as per the BMC Rules,
the construction carried ... without adding or modifying the existing building but without effecting sub-
division of plot is termed as "additions & alterations
from the municipal or other public authorities for the sub-division of the main plot and if such permission was not obtained on any account ... wanted to cancel the agreement on the ground that the sub-division of the plot had not been granted by the municipal corporation. This
from Maharashtra
Industrial Development Corporation (MIDC) a plot of
land admeasuring 20.728' square meters known as
plot no L/44 in the Taloja Industrial ... Registration Sub-Division Panvel district and
registration district Raigad ('the Plot'). the description
of the Plot is given in "Annexure
buyers of contiguous plots
or that the three new owners, had decided to perhaps jointly prepare and submit a sub-
division plan to the municipal ... clause for the sub-division of land as per which ;the buyers shall jointly prepare a
pUn for the plot and obtain requisite sanction from
Addl Cit R G 7(1), Mumbai vs Novartis India Ltd ( Formerly Known As ... on
Ackruti City Ltd.
due process of law, governing such sub-division. He drew the attention
of the Bench to the paper book filed ... acre.. He further submits that there is no sub-division or
demarcation of this plot area. He filed an additional evidence in the form
relevant year the assessee firm transferred development rights in respect of
two plots of land to Satyam Builders and Brahma Builders. Surplus on these ... This agreement was regarding a plot of agricultural land within
the Registration Sub Division of Haveli Dist., Pune, and within the limits of
Pimpri Chinchwar
assessee has not sub-divided the piece of
land into 113 plots but the authorities gave numbers on
notional sub-division as the land ... plots was given by the authorities on a
ITA No.969/Mum/2009
18 (Assessment Year: 2005-06)
notional sub-divisions basis as the land
commercial
development and has neither carried out any sub-division of the
plots nor created any structures on the said land. It remained
