well settled law that if a plot, vacant piece
of land is let out then raising of construction/structure upon the same
subsequently would ... Kohli 31/35
" I can not say whether the vacant plot was let out to the
firm for use as a godown and subsequently
case of such high eligibility criteria being insisted upon, of spaces
remaining vacant which would ultimately cause losses to the government
exchequer. Additionally ... authority has the
competence of fixing requirements for a tender for letting of vacant
spaces, specially the qualification of minimum average annual turnover.
Such criteria
against income from house property
as it is derived from lease of vacant land and therefore it cannot be held to
be income from house ... stretch of argument, be carried out in a
vacant plot of land.
Further, as per Note 40(b) to schedule
shown
either actual or notional. The rest of the properties are vacant plot of
land and do not attract provisions of income from house property ... assessee.
iii. S. 23 (1)(c) requires that where the property was vacant during the
year and due to such vacancy, the actual rent received
deemed to have been let out
during the relevant previous year. The Assessing Officer accordingly
proceeded to compute the annual letting value of the properties ... Annual
Letting
Value
1 C-31, Ashok Vihar Phase-1! Plot Under
(1/4th Share) Construction 204000
2 Flat No. 388, Vasundra Flat Vacant
Cooperative
applicability of
Section 50 of the Rent Control Act to the plot in question as regards facts of
the present case, are totally erroneous ... parties clearly shows that what was let out by the
appellant to the respondent was a vacant piece of land and this fact got
corroborated
2014
Yogen D. Sanghvi
higher rental receipts to be received by letting the said
unit to IMITES firm and therefore the compensation
received ... Yogen Sanghavi, the appellant was a partner & it
owned a vacant plot located at Goregaon, Western
Express Highway. Subsequently, the plot was given
properties are adjoining to each other none of the
portion is let out by assessee. For property at Sanchiani City Belapur, it was
argued that ... basic
amenities like electricity and water is provided, the flat is lying vacant. For
property at Joginder Nagar, Himachal Pradesh, it was argued that this
Smt. Kusum Lata Bansal vs Sri Avadhesh Kumar Gupta & 2 Others on 11 July
followed. Here, the lease deed was with respect to
vacant land for a period of 31 years and there are terms and conditions
mentioned ... Admittedly, the appellate Court
has held that BBC Act will apply. Now, let us see the evidences and
materials. Ext „A‟ is the registered lease
