Ganpati Dealcom (P.) Ltd. v. UOI

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The Tax PublishersAPO No. 8 of 2019 & WP No. 687 of 2017 2020 TaxPub(DT) 0002 (Cal-HC) : (2020) 421 ITR 0483 : (2020) 269 TAXMAN 0489 IN THE CALCUTTA HIGH COURT I.P. MUKERJI & MD. NIZAMUDDIN, JJ. Ganpati Dealcom (P.) Ltd. v. UOI APO No. 8 of 2019 & WP No. 687 of 2017 12 December, 2019 Appellant by: J.P. Khaitan, Sr. Advocate, Manju Agarwal and Bajrang Manot, Advocates Respondent by: Kaushik Chanda, R.M. Roy, Debjani Ray and Anil Gupta, Advocates ORDER *I.P. Mukerji, J.* Ganpati Dealcom Pvt. Ltd., the appellant writ petitioner was incorporated on 7-9-2007. Its registered office is at 101, Balaram Dey Street, Kolkata - 700006. On 2-5-2011 it purchased the property numbered 9, Sarat Chatterjee Avenue, Kolkata. The sellers were diverse individuals. The total consideration was Rs. 9,44,00,000. The property was large, the land area being 8 cottahs and 13 chittaks. The building standing on it was up to the third floor having a total area of 6336.5 sq. ft. of which the ground floor had 1965.5 sq. ft., the first floor 1965.5 sq. ft., the second floor 1965.65 sq. ft. and the third floor 440 sq. ft. Prior to the purchase of this property six individuals appeared to have been allotted shares in the appellant. They were Nakul, Neha, Shruti, Ritu, Rajesh and Ashok Kumar Goenka, all living in Kamdhenu Building, 4A Ray Street, Kolkata - 700020. Nakul, Neha and Shruti were allotted substantial shares, 4,881 for Nakul, 15,214 for Neha and 10,048 for Shruti. Each of the others was allotted 200 to 300 shares. SUBSCRIBE FOR FULL CONTENT

The Tax PublishersAPO No. 8 of 2019 & WP No. 687 of 2017
2020 TaxPub(DT) 0002 (Cal-HC) : (2020) 421 ITR 0483 : (2020) 269 TAXMAN 0489

IN THE CALCUTTA HIGH COURT

I.P. MUKERJI & MD. NIZAMUDDIN, JJ.

Ganpati Dealcom (P.) Ltd. v. UOI

APO No. 8 of 2019 & WP No. 687 of 2017

12 December, 2019

Appellant by: J.P. Khaitan, Sr. Advocate, Manju Agarwal and Bajrang Manot, Advocates

Respondent by: Kaushik Chanda, R.M. Roy, Debjani Ray and Anil Gupta, Advocates

ORDER

I.P. Mukerji, J.

Ganpati Dealcom Pvt. Ltd., the appellant writ petitioner was incorporated on 7-9-2007. Its registered office is at 101, Balaram Dey Street, Kolkata - 700006.

On 2-5-2011 it purchased the property numbered 9, Sarat Chatterjee Avenue, Kolkata. The sellers were diverse individuals. The total consideration was Rs. 9,44,00,000. The property was large, the land area being 8 cottahs and 13 chittaks. The building standing on it was up to the third floor having a total area of 6336.5 sq. ft. of which the ground floor had 1965.5 sq. ft., the first floor 1965.5 sq. ft., the second floor 1965.65 sq. ft. and the third floor 440 sq. ft. Prior to the purchase of this property six individuals appeared to have been allotted shares in the appellant. They were Nakul, Neha, Shruti, Ritu, Rajesh and Ashok Kumar Goenka, all living in Kamdhenu Building, 4A Ray Street, Kolkata - 700020. Nakul, Neha and Shruti were allotted substantial shares, 4,881 for Nakul, 15,214 for Neha and 10,048 for Shruti. Each of the others was allotted 200 to 300 shares.