Income Tax Department — False documents used by builder to claim income tax benefit

Address:

Sangli, Maharashtra, 416415

My complaint is against a fraud builder who registered false documents of his housing project and submitted them to your office to get complete income tax exemption.

I request you to appoint the honest officer to find out irregularities in his housing project. Please note that the officer should be from other states. He should not be from Maharashtra.

The builder has taken disadvantage of your following Amended Income Tax scheme.
"The amended provisions of section 80IB (10) (as amended up to date by the Finance Act, 2003) of the Income –tax Act, 1961 provide for complete tax exemption in respect of income derived by an undertaking engaged in developing and construction of residential housing projects with a demarcated area."

The details of the builder and his project are as given below-

Project: Khare Group Housing
At Dhamani Road, Sangli, 416415
Area of project - more than 1 Acre.
Name of the builder:
M/s P.P. Builders & Developers
Partners: Pandurang Waman Khare & Mrs. Pooja Pandurang Khare.
Address: Khare Mangal Karyalaya, Vishrambag, Sangli, Maharashtra, 416415.

The builder declared his Housing Project in 2003. Accordingly he advertised the Project with attractive amenities. He registered Development Agreement No. 5348 dt. 31/12/2003.

I am going to reveal some facts which are nothing but the tip of iceberg.
I have purchased a Row House in his housing project. I am giving below the details of what I have experienced in this business.
1) I paid Rs. 8 lakh to the Builder as agreed for my Row House, however the builder executed my sale deed for a value of Rs. 5 lakh only. In this way he cheated govt. in paying stamp duty.
2) The builder registered following false documents in my case.
My Agreement 4783 dt. 28/11/2003 is for Row House in accordance with Building Permission G-56 dt. 6/9/2003.
This permission was for 8 buildings and each building comprises of 4 Row houses ( two on ground floor and two on first floor).
The builder has built only my building of 4 Row houses and he has not constrcted other 7 buildings i.e.28 Row houses as per this Building Permission.
In 2004 he got cancelled this Building Permission G-56 from Municipal Corporation.
This is very important to note that he used this cancelled Building Permission G-56 (without taking Occupation Certificate) to register Declaration deed 1221 dt. 14/3/2005.
In this deed, he falsely declared that he has constructed 10 buildings/40 Row houses.
On the same plot builder got another Building Permission and he built 7 floored Apartment. He again registered new Declaration deed. So on a single plot builder registered two Declaration deeds.

The Builder used such type of false Declaration Deeds to take advantage of Income Tax relief.
Further to this, he registered my Sale deed 1512 dt.28/3/2005 again using this cancelled Building Permission G-56.
Till today the builder has not given me Occupation Certificate to my Row House. Also for last 10 years he has not revised my Sale deed.

3) After taking benefits of Income Tax, the builder has illegally constructed a huge Mangal Karyalaya in this housing project for his commercial use.

The builder has deceived and disillusioned me and all the members of housing project. So I request you to investigate in this matter.
I am sure and have confidence on the income Tax department that the strict action will be taken on him and all his illegal property will be sealed.