2,40,901/- and his wife’s was Rs. 6,02,541/- in 2009-10. With this income,
after defraying his family expenses, car expenses for 3 cars, foreign camera
expenses etc., how could he have cash, bank and jewellery assets worth Rs.
27,81,084.32 with his own jewellery 181 gms. valued at Rs. 3.62 lakhs. And
his wife’s assets Rs. 34,56,710.82. He has no car of his own. His wife has 3
(three) – (1) Innova – Rs. 5.00 lakhs, (2) Zen – Rs. 0.50 lakhs (?) and (3)
Wagon R – Rs. 0.85 lakhs. Is she willing to sell the last 2 (two) cars at that
price + something? This, after spending since 2002, a total sum of Rs. 44.90
lakhs between 2002 and 2005 in acquiring non-agri land and development
of inherited residential building as shown below.
Sovan purchased in Gobindapur mouza 9000 sq.ft. of non-agricultural
land in 2005 at Rs. 7.25 lakhs, the value of which appreciated to Rs. 31.25
lakhs in 2011. His wife purchased 9.135 sq.ft. of same type of land in the
same mouza in the same year 2005 at Rs. 7,35,875/-, the value of which
has appreciated to Rs. 31,71,875/- in 2010.
Sovan purchased in 2002, 3120.4 sq.ft . of built-up area at B3-66A/E/
New Mouza Gobindapur, Ward No. 11 at a price of Rs. 3.45 lakhs in 2002
and in the next year 2003, he purchased further 18741.6 sq.ft. of built-up
area at B3-71E/Mouza New Gobindapur at a cost of Rs. 10.00 lakh (approx.)
– the approximate current market value of both these properties is Rs.
1,37,73,060/-.
His wife purchased (i) in 2002, 3120.4 sq.ft. of built-up area at B3-
71/E/ Mouza New Gobindapur, Ward No . 11 at a cost of Rs. 3.45 lakhs
(approx.), (ii) in 2003, 18,741.6 sq.ft. of built-up area at B3-66A/E, Mouza
New Gobindapur at a cost of Rs. 10 lakhs (approx..) and (iii) in 2005, 3964
sq.ft. of built-up area at cost of Rs. 3 lakhs approx.. at B2-66/1/New
Gobindapur Mouza – how come the cost of a bigger area of land in the same
locality is lower 3 years later in 2005 compared to the cost of a smaller area
3 years earlier in 2002? This seems to be untrue.
Sovan inherited 2800 sq.ft. of built-up residential building, the total
land area of which is also 2800 sq.ft. and then invested Rs. 15 lakhs for
development of the property, the current (2011) market value of which is Rs.
50 lakhs. Thus he has immovable assets i.e., land, building, etc. worth Rs.
2,18,98,060/-.
His wife’s immovable assets have been valued at Rs. 1,97,92,255/- in
2011.
Thus, Sovan and his wife’s immovable assets are valued at Rs.
4,16,90,315/- in 2011.
Sovan has no loan from any bank. His wife has taken : bank loans of
Rs. 9,00,871/- lakhs including (i) term loan and (ii) car purchase loan of Rs.
1,09,031/-.