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2013 (11) TMI 252
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....thew John; The applicant is engaged in the business of construction of residential flats. They are acting as developers. They facilitate registration of undivided share of land in the name of the prospective buyers of the constructed flats. Such UDS is first registered and thereafter the construction is undertaken as per the construction agreement between the applicant and the individual buyers....
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....10 amounting to Rs. 7,99,643/- vide challan dated 21.6.2012. He prays that the said amount may be considered as sufficient for the purpose of admission of the appeal. 3. Opposing the prayer, the learned AR for Revenue submits that the Explanation was made on different situation where the construction was undertaken in the land belonging to the developer himself for sale of flats subsequently. I....