advance of Rs.2,00,000/- given to Shree Vardhman
Developers for Purchase of Property as per ground 4 supra.
Addition of Depreciation ... advances of Rs.2,00,000/- given to
Shree Vardhman Developers for purchase of Property as per ground 3,
4 and 5 supra
Rejection
Builders (P.) Ltd.
Room No. 655, 6th Floor, 412, 4th Floor, 17G, Vardhman
Aayakar Bhavan, M.K. Road, Chamber, Cawasjee Patel
Mumbai-400 020 Street ... Lodha Properties v. DCIT, Central Circle - 7(3)
Development (P.) Ltd. Room No. 655, 6th Floor,
412, 17G, Vardhman chamber Aayakar Bhavan, M.K. Road
Thistle Properties P. Ltd , Mumbai vs Assessee on 6 February, 2013
IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCH "I", MUMBAI
BEFORE SHRI ... Thistle Properties Pvt. Vs Asst. Commissioner of
Ltd., Income Tax Central Circle
B-124, Vardhman Complex, 45,
L.B.S. Marg, Fitwell Aayakar Bhavan
Shree Bhayander Vardhman
Versus
CIT-Exemption
vi) By overlooking the fact that funds are
accumulated for maintenance of immoveable
property as donations are not consistent
part of the Plot No.
5 admeasuring 7784.87 sq. mts. to M/ Vardhman Estates under an
agreement dated 20.11.1998. The balance portion of the land ... declaration of intention that the shareholders were
intending to acquire the property through purchase of shares of the
company. The approval u/s. 269UL
High Court of Delhi in Commissioner of
Income-tax-III v. Shri Vardhman Overseas Ltd reported in [2011] 16
taxmann.com 350 (Delhi) held that ... expiration of the prescribed period for a suit in respect of any
property or right, an acknowledgement of liability in respect of such property
High Court of Delhi in Commissioner of
Income-tax-III v. Shri Vardhman Overseas Ltd reported in [2011] 16
taxmann.com 350 (Delhi) held that ... expiration of the prescribed period for a suit in respect of any
property or right, an acknowledgement of liability in respect of such property
current repairs', i.e., in respect of non-tenanted house
property, which falls u/s. 30(a)(ii) . The Revenue's objection ... pipes,
4
ITA No. 6820/Mum/2012 (A.Y. 2009-10)
Vardhman Developers Ltd. vs. ITO
plumbing and sanitation lines; plaster and painting of walls
cases of Girilal &
Co.(300ITR); Chandrika Education Trust (224ITR);Vardhman Spng & general Mills Ltd.;
South India Corporation Agencies Pvt.Ltd.(147CTR) and dismissed ... specifically mentioned that it had sold
development rights of immovable properties at Mumbai for an amount of Rs.7.80 crores vide
agreement for sale
Jhulelal Land Development Corpn. vs Deputy Commissioner Of Income-Tax on 13 September, 1995
Equivalent
