ACIT(CC)-7(3), MUMBAI vs. LOTUS LOGISTICS AND DEVELOPERS PRIVATE LIMITED, MUMBAI
In the result, appeal by the Revenue is dismissed and cross objection of the assessee is partly allowed
ITA 137/MUM/2025[2018-19]Status: DisposedITAT Mumbai28 Aug 2025AY 2018-19
Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2018-19
For Appellant: Shri Rushabh Mehta and Shri Niraj Soni, CAsFor Respondent: Shri Aditya M. Rai, Sr. DR
Section 143(3)Section 37(1)Section 43CSection 68Section 69C
maintenance by the developer in the interim period is a legal obligation and not a revenue generating activity within the meaning of section 11(4)(d) of the RERA
Act, 2016, whereby the promoter is obligated to provide and maintain essential services on reasonable charges until the RWA takes over
