Search Results for "simple interest"

62 result(s) found

Scroll Down To Discover

Found 62 result(s)

© Image Copyrights Juris Services & Technology

Auction Set Aside on Equitable Grounds: Auction Purchaser Compensated with Interest. Supreme Court modifies High Court orders to grant 6% interest to auction purchaser for delay in refund after auction cancellation.

The Supreme Court partially allowed the appeal of the auction purchaser, who was deprived of the use of Rs.81,20,000 due to the cancellation of an auc...

© Image Copyrights Juris Services & Technology

Supreme Court Rules Against Compound Interest in Arbitration Awards. Clarity on Interest Computation in Arbitration Awards

The Supreme Court of India addressed the issue of whether compound interest could be awarded on an arbitration award. The case involved M/s D. Khosla ...

© Image Copyrights Juris Services & Technology

Court Upholds Tax Collection Obligation on Mysore Sales Under Section 206C. Excise Contractors Deemed "Buyers" in Karnataka Liquor Vending Case, Appeal Dismissed

The application of Section 206C of the Income Tax Act, 1961, regarding tax collection at source on the sale of alcoholic liquor, particularly focusing...

© Image Copyrights Juris Services & Technology

Mumbai Tenant Eviction Dispute Revisited by High Court. High Court Remands Case to Small Causes Court for Fresh Determination on Rent Payment Compliance

The eviction of a tenant from a property in Mumbai due to alleged rent arrears. The tenant disputes the rulings of the Small Causes Court and its Appe...

© Image Copyrights Juris Services & Technology

Disputes Over Property Transaction Examining Jurisdiction, Admissions, and Legal Implications Under CPC and RERA

Disputes over a property transaction. It examines arguments made by both parties concerning jurisdiction, admissions, and the application of legal pro...

© Image Copyrights Juris Services & Technology

Court Dismisses Major Property Claims in Sureshchandra Jhaveri Estate Dispute. Plaintiff awarded partial share in Prabhudarshan flat and specific movable assets; most claims dismissed due to lack of evidence and legal barriers.

The properties and assets of the deceased Sureshchandra Jhaveri, the Plaintiff claimed entitlements to various properties and movable assets, arguing ...

© Image Copyrights Juris Services & Technology

Taxation Provisions: Section 17(2)(viii) and Rule 3(7)(i) of Income Tax Act. Navigating the Boundaries of Legislative Delegation and Ensuring Equity in Taxation

Income Tax Act, 1961 - Sections 17(2)(viii) and Rule 3(7)(i) - Constitutionality - Taxation of Fringe Benefits or Amenities - Essential Legislative Fu...

© Image Copyrights Juris Services & Technology

Non-Compliance with Section 38(3)(a)(ii) Delhi Value Added Tax Act, 2004, : Unjustified Retention of Refund Amounts

Examining the violation of refund processing timeline and the implications on the adjustment of default notices. The case revolves around the issue o...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Consumer's Appeal in Real Estate Dispute, Setting Aside NCDRC Order and Granting Refund with Interest. The court upheld the consumer's right to terminate the agreement due to delay in possession and directed refund as per contractual terms under the Consumer Protection Act, 2019.

The dispute arose from a consumer complaint filed by the appellants before the National Consumer Disputes Redressal Commission (NCDRC) regarding delay...