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Supreme Court Enhances Compensation for Land Owners in Land Acquisition Case Under Land Acquisition Act, 1894. Court Applied Cumulative Rate of Annual Increase and Reduced Development Cut, Determining Market Value Based on Highest Bona Fide Exemplar Sale Deed from 1979.

The dispute arose from the acquisition of land measuring 297 Kanals and 1 Marla in Jassi Pau Wali, Bhatinda, Punjab, for establishing the Bhatinda Int...

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High Court of Karnataka Hears and Decides Batch of Appeals Under Land Acquisition Act, 1894 Regarding Compensation for Kakhandaki Village Lands. The Court Examined Market Value Determinations Made by the Reference Court Under Sections 18 and 54 of the Land Acquisition Act, 1894.

Background: A batch of appeals and cross objections were filed before the High Court of Karnataka under Section 54(1) of the Land Acquisition Act, 189...

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High Court of Karnataka Enhances Compensation for Land Acquisition for Power Grid, Reduces Development Deduction from 50% to 20%. Market Value Determined at Rs.260 per sq. ft. Based on Comparable Sale Deed Under Section 23 of Land Acquisition Act, 1894.

The case involves two appeals arising from a common judgment and award dated 6.2.2016 passed by the II Additional Senior Civil Judge and JMFC, Bagalko...

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High Court of Bombay Determines Fair Compensation in Appeal Against Enhanced Award Under Land Acquisition Act, 1894. Cross-Objections Seeking Higher Rate Considered Alongside State's Challenge to Reference Court's Award of Rs.1,500 per sq.m.

The State of Maharashtra acquired land in Village Padghe, Taluka Panvel, District Raigad, for the New Bombay Project under the Land Acquisition Act, 1...

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High Court of Bombay Hears First Appeal and Cross-Objections Against Land Acquisition Compensation Award. Court Reviews Reference Court's Enhancement to Rs. 15 per sq. meter and Parties' Contentions on Valuation and Notice.

The appeal and cross-objections arose from a reference court award under the Land Acquisition Act, 1894. The State acquired 18,430 sq. meters of land ...

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Supreme Court Upholds Revenue's Treatment of Profit-Sharing Payment as Capital Expenditure under Income-tax Act, 1922. Payment of Annual Percentage of Net Profits to Seller Government for Acquisition of Industrial Undertakings Held Capital in Nature, Not Revenue Deduction Under Section 10(2)(xv).

The appellant company, Travancore Sugars and Chemicals Ltd., was formed to take over certain industrial undertakings from the Government of the erstwh...