sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 Want to file your income tax return online? Here’s the first step
 Good news for income tax payers! Taxmen can’t deny assessee’s legitimate claim in revised return, rules ITAT
 Can file revised return after notice issued by I-T ITAT
 How to file income tax returns online if you don't have Form 16 ITR 2018-19
 These 5 websites can help you file your ITR Income tax e-filing
 Here's why some retirees no longer have to file a tax return
 How to file different categories of ITR forms online Income tax e-filing
 Here are other documents you need to file online ITR Got your Form-16 for FY18?
 10 must have documents to file your tax return
 Know all about how to file ITR FY 2017-18
 Government extends sale of pre-GST goods with stickers of revised price till July 31

AAI auditors fault Dahisar land deal with MIAL
November, 03rd 2007
The audit department of the Airports Authority of India (AAI) has objected to the AAI boards decision to give away half of the land it owns at Dahisar, to the recently-formed joint venture company Mumbai International Airport Ltd (MIAL).

The land at Dahisar, a Mumbai suburb, currently houses AAIs Remote Receiving Station and is spread over 64 acres. The decision to transfer the land to MIAL is apparently not in order and violates the norms set for such exercises, the audit department observed. The observations were conveyed to the AAI board last week, said sources close to the development.

The AAI board had cleared the proposal to transfer the land to MIAL at a meeting held on April 27. MIAL said it wanted the land to rehabilitate slum dwellers currently residing near the Chhatrapati Shivaji International airport.

The audit department pointed out that the land be used for the rehabilitation of slumdwellers who have been living on AAIs airport land. The land should not be given away to a private airport company, the department added.

Sources said that the decision to give the land to MIAL seems to have been based on the fact that only few antennas are currently built there and these antennas are old and not in use.

Meanwhile the Bombay High Court also directed the AAI to remove encroachments on the land under question so that AAI could start an expansion programme of the Remote Receiving station. The audit report, making reference to the High Court order, also warned that any move to transfer the land from AAI to a private company, would invite contempt of court proceedings. When contacted, AAI director H S Bains, who is also a member of the MIAL board, said the proposal from MIAL is still under consideration. No final decision has been made so far on the proposal to transfer the land to MIAL, he added.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions