Four Crores
Twenty Four Lakhs Eighty One Thousand Five only) as unearned
income in respect of the assignment of the lease in favour of HDFC ... other parties. I say that
the Government share in the unearned income in such
instances of assignment or transfer of leasehold rights in
such Government
Four Crores
Twenty Four Lakhs Eighty One Thousand Five only) as unearned
income in respect of the assignment of the lease in favour of HDFC ... other parties. I say that
the Government share in the unearned income in such
instances of assignment or transfer of leasehold rights in
such Government
said agreement, it was provided that there was
pending claim of unearned income, pertaining to an area of approximately 57
acres, out of the said ... expenses of the respondent. However it was clarified that if any unearned income
was payable on any future sale done by the petitioner subsequent
Income-tax Officer determined the assessee's total income at Rs. 1,32,827. While determining the said income the Income-tax Officer allowed ... unearned income component in the total income determined for the purpose of levy of income-tax. The component of total income obviously cannot exceed
Four Crores
Twenty Four Lakhs Eighty One Thousand Five only) as unearned
income in respect of the assignment of the lease in favour of HDFC ... other parties. I say that
the Government share in the unearned income in such
instances of assignment or transfer of leasehold rights in
such Government
Four Crores
Twenty Four Lakhs Eighty One Thousand Five only) as unearned
income in respect of the assignment of the lease in favour of HDFC ... other parties. I say that
the Government share in the unearned income in such
instances of assignment or transfer of leasehold rights in
such Government
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levy unearned income as pre-condition to legitimise
the transfer by the grantee/lessee.
6. Insofar ... power in the revenue authority to levy or claim
unearned income as precondition to legitimise the
transfer in respect of the concerned land. To
buttress
forfeited and the amount of Rs.14,11,45,851/- towards
unearned income be not charged as it violated the terms and conditions ... Company for setting aside the orders imposing the
charge towards unearned income and the demand notice, both of which were
dismissed by the impugned common
gross total income consists mainly of income which, if it had been the income of an individual, would have been regarded as unearned income. Explanation ... this clause, the expression "unearned income" has the meaning assigned to it in the Finance Act of the relevant year. (h) "managing agency company" means
consequently
called upon them to pay ₹ 26,06,74,446/- as unearned income
recoverable as arrears of land revenue within seven days of demand.
Brief ... land, thereby
triggering an unearned increment clause. TCL has not challenged the
quantum of unearned income. It has neither raised any ground in the
Writ
