DDA in lease deeds. It was contended that in the event of transfer of leasehold rights of DDA land a part of the unearned increase ... capital asset notwithstanding the condition of paying the 50% of unearned increase to DDA. According to Shri Kharbanda similar is the position in the case
cent of the unearned increase on the ground that the transferee has not paid any unearned increase and it is for this reason that ... cent of the unearned increase. The question whether in the particular transfer before us any unearned increase was demanded by the DDA was not relevant
Scheme New Delhi by the DDA and the lease deed was executed on
17.03.1973 in their favour by DDA. The
said plot was subsequently ... sold by the allottees to
Sh. Janak Raj who paid unearned increase to DDA for
getting the lease hold rights in his name to transfer
demand of Rs. 5,23,755/- towards 5% UEI
i.e. unearned increase on 93.53% share, Rs. 8,457/- towards ground rent upto ... letter dated
18-07-2000.
5. According
to the OP-DDA the Unearned increase had been worked out amounting
demand of Rs.
5,23,755/- towards 5% UEI i.e. unearned increase on 93.53% share, Rs. 8,457/-
towards ground rent upto ... letter
dated 18-07-2000.
5.
According to the OP-DDA the Unearned increase had been worked out
amounting
also submitted that 50 per cent of the unearned increase in land rent is payable to DDA and the same has to be deducted from
transferee company approached DDA for effecting requisite changes in its record regarding the industrial plot, DDA demanded substantial sum as unearned increase which was resisted ... there was no voluntary transfer and as such no unearned income was payable to DDA. The Delhi High Court has held that the transfer
year 1996 failed to bring out on record that unearned increase was to be charged while putting up the case for mutation of Plot ... been deposed that 50% of unearned increase was required to be deposited with the DDA at the time of affecting mutation of plot allotted
leasehold land. As per DDA's official policy, the lessor is entitled to
only 50% share in the unearned increase in the value ... 1481/Del./2012
plot and balance 50% is to be paid to DDA as conversion charges,
i.e., substantial amount is required to be paid
being unearned increase as per the terms of the policy decision
dated 26.7.1988. She submitted application
dated 30.11.1999 seeking waiver of the unearned increase ... attorney etc. DDA has formulated a policy that in such cases the
Department would ask for 50% of unearned increase in the value of property
