ACIT RG 25(3), MUMBAI vs. DATTANI DEVELOPMENT, MUMBAI
In the result, the appeal filed by the Revenue in ITA N0
ITA 5075/MUM/2010[2007-08]Status: DisposedITAT Mumbai27 Jul 2016AY 2007-08
Bench: Shri Saktijit Dey & Shri Ramit Kocharआयकर अपील सं./I.T.A. No.5075/Mum/2010 ("नधा"रण वष" / Assessment Year : 2007-08) The Acit – 25(3), M/S Dattani Development, बनाम/ C-11, R. No. 308, 100, Shreeji Darshan, V. Pratyaksh Kar Bhavan, 1St Floor, S.V. Road, Bandra-Kurla Complex, Kandivali (West), Bandra (East), Mumbai – 400 067. Mumbai – 400 051. "थायी लेखा सं./Pan : Aabfd4969Q (अपीलाथ" /Appellant) .. (""यथ" / Respondent)
For Appellant: Miss Aarti SatheFor Respondent: Shri Mukesh Jain, DR
Section 143(2)Section 143(3)Section 50CSection 5O
houses for dishoused , roads as well for residential purposes. The assessee had also not undertaken any development or construction of the building on the said land since it acquired interest and title in the land in the year 1994 till the date of sale by the assessee. No approval was even taken by the assessee from the Government for development