Bench: SATISH CHANDRA SHARMA,V SRISHANANDA
PROPERTY DEVELOPERS PVT. LTD.’, TAX CASE (APPEAL) NO.56/2015 DATED 09.03.2015. We respectfully concur with the view taken by the Bombay as well as Chennai High Courts. In the instant case, the housing project of the assessee was approved in respect of an area of 48,939 square feet, which is more than one acre i.e., 43,500 square feet, therefore