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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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Bombay High Court Dismisses Application to Rescind Consent Decree and Allows Substitution of Legal Heirs in Recovery Suit. Consent Terms Are Binding Contract; Legal Representatives Can Be Substituted Under Order 22 CPC for Execution of Decree.

The plaintiffs filed a suit (Suit No.2011 of 2002) against the defendants for recovery of Rs.3,30,00,000 with interest. On 3rd October 2006, the parti...

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Supreme Court Upholds Land Ownership of Legal Heirs Against Government's Invalid Lease in Land Revenue Dispute. Ownership Rights Established Through Unchallenged Revenue Order Under M.P. Land Revenue Code, 1959, Section 158(3)(1), Barring Government's Subsequent Lease to Development Authority.

The dispute centered on ownership of agricultural land in village Milawali, Gwalior, between the legal heirs of Dilip Singh (appellants) and the Speci...

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Bombay High Court Dismisses Appeal in Property Suit, Upholds Decree for Deficit Court Fee Recovery. Appellants' suit for declaration of title and injunction dismissed for failure to pay proper court fee on market value of property.

The appellants, original plaintiffs, filed a suit for declaration of title and permanent injunction in respect of an immovable property. The trial cou...

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Supreme Court Dismisses Appeal in Ejectment Case Under Punjab Security of Land Tenures Act, 1953. Civil Suit Not Barred Under Section 25 as Revenue Court Order Was Without Jurisdiction Due to Absence of Landlord-Tenant Relationship and Invalid Sale of Trust Property.

The Supreme Court of India heard a civil appeal arising from a dispute over ejectment of a tenant from agricultural land. The appellants, claiming to ...

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Karnataka High Court Decides Appeal by Bangalore Development Authority Against Injunction Decree in Land Acquisition Dispute. Court's Final Decision Not Reached in Provided Text as Judgment Excerpt is Incomplete.

The appeal arose from a suit for permanent injunction filed by the plaintiffs, brother and sister, claiming ownership and possession of land in Survey...