M/S.TRIO PROPERTY DEVELOPERS P. LTD,CALICUT vs. THE ACIT, CALICUT
In the result, the appeal of the assessee is allowed
ITA 235/COCH/2016[2006-07]Status: DisposedITAT Cochin07 Jun 2017AY 2006-07
Bench: S/Shri Abraham P. George, Am & George George K., Jm
Section 143(1)Section 148Section 263Section 53Section 53A
801 sq ft. of which
71,444 sq. ft. was to be delivered to the assessee and the developer was to
retain balance Rs.63357 sq. ft. The price for the constructed area of 71,444 sq.
ft. which was to be delivered to the assessee, as per the agreement was Rs.975
per sq. ft. The Assessing Officer
