Act by notification under section 269D of the Act on 1 1-7-1974. On 17-2-1976, the Urban Land (Ceiling & Regulation) Act ... property inspite of ULC restrictions. They could dispose off land except the surplus land under the ULC Act and this Act did not prevent them
assessee and thus the entire land at Wanawari became surplus under ULC
Act and accordingly the said surplus land was valued ... rate of Rs. 5/- per Sq Mtr awareded for compensation under ULC Act , was adopted.
4. In response to the show cause notice issued
Urban Land (Ceiling & Regulation) Act, 1976
(hereinafter called the ULC Act ), and an area of 22596.80 sq.mtrs.
was declared as surplus land ... above
two agreements. Pursuant to such order under the ULC Act , the
land was transferred in the name of Government of Maharashtra.
Thereafter, the assessee
explained before the A.O that due
to Urban Land Ceiling Act (ULC) compliance problem, the PMC had held up the final
Completion Certificate ... where compliance has not
been made to an important enactment like ULC Act . The notice issued vide
No.BCO/9078 dated
Weaker Section of the society as per
section 20 of the ULC Act.
7
i. It was submitted that the assessee has given possession ... condition of allotment on 27th February 2008. However, the ULC Act was
repealed in the year 2009 and therefore, neither PMC nor ULC Department
Registrar demanded 'NOC' under section 26 of ULC Act, 1976. The assessee argued with him that the land being reserved for Garden ... vacant land according to clear meaning of section 2(q) of ULC Act, 1976 as well as the Supreme Court decision in State
Registrar demanded NOC under section 26 of ULC Act, 1976. The assessee argued with him that the land being reserved for garden was non-vacant ... land according to clear meaning of section 2(q) of ULC Act, 1976 as well as the Supreme Court decision in State
assessee
stating that there is a violation of the ULC Act and hence, the assessee
should stop the construction activity. The notice issued ... Tribunal
has categorically given a finding that the violation of the ULC Act cannot
be said to be mere venial breach. He submits that
assessee company has obtained an exemption under Section 20(1) of ULC Act from the Government of Maharashtra with a condition that ... mtrs. Out of the total area, the provisions of ULC Act were applied on 20,882 sq. mtrs. of land. On representation, the Government
submission of the Ld. Counsel for the
assessee that since the ULC Act was repealed in the year 2009,
therefore, PMC/ULC department and Secretariat ... regarding allowability of deduction
u/s.80IB(10) of the Act on partially complete project. The Assessing
Officer has denied the deduction on the ground
