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Supreme Court Allows Appeal in Income Tax TDS Case — Liquor Vendors Are Not 'Buyers' Under Section 206C of Income Tax Act, 1961. Court holds that excise contractors acquiring arrack under state-controlled system are excluded from definition of 'buyer' under Explanation (a)(iii) of Section 206C.

The appeal arose from a dispute under Section 206C of the Income Tax Act, 1961, concerning tax collection at source on the sale of alcoholic liquor. T...

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Supreme Court Allows Government Appeal in Land Acquisition Case, Quashing High Court's Lapse Declaration. Acquisition Proceedings Do Not Lapse Under Section 24(2) of the 2013 Act as Possession Was Taken in 1981, Fulfilling One of the Twin Conditions Required for Deemed Lapse.

The dispute arose from a land acquisition initiated under the Land Acquisition Act, 1894, with a notification issued in 1965 and an award declared in ...

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Supreme Court Allows Appeal in Land Acquisition Lapse Case, Reversing High Court's Declaration. Acquisition Proceedings Did Not Lapse Under Section 24(2) of Right to Fair Compensation Act, 2013 as Possession Was Taken, Satisfying Only One of Twin Conditions Required for Deemed Lapse.

The Supreme Court heard an appeal by the Delhi Development Authority against a judgment of the Delhi High Court which had declared that land acquisiti...