2015 (3) TMI 521

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....arnataka Versus Krishvi Projects Pvt Ltd   For the Appellant : Sri T K Vedamurthy, HCGP) For the Respondent : The Manage We have heard learned counsel for the parties. This group of sales tax revision petitions is arising from the order dated 28th July 2011 passed by Karnataka Appellate Tribunal, Bangalore (for short "the Tribunal") in STA Nos.2445-2452/2010. The Tribunal had fram....

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....sessees, "whether the transaction/joint development agreement between the land owner and the developer is a barter by which, the land owner delivers the agreed upon share of the land to the builder and in consideration therefore, requires the builder to construct apartments in his (land owner's) share of land and deliver to him as a part of consideration, amount to sale within the definition i....

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....this order. It is needless to mention that the Tribunal shall decide these questions after giving an opportunity of being heard to both the sides. It is open to the parties to place all the materials, if they so desire, before the Tribunal including judgments of High Courts and the Supreme Court, if any, in support of their contentions. We hope and trust that the Tribunal shall decide the question....