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Bombay High Court Dismisses VIDC Appeals in Land Acquisition Compensation Cases, Enhances Compensation for Claimants. Court applies multiplier method based on potential yield and market value, rejecting belated objections to valuation.

The case involves multiple first appeals filed by Vidarbha Irrigation Development Corporation (VIDC) against the judgment of the Reference Court enhan...

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Bombay High Court Allows Appeal by Acquiring Body in Land Acquisition Compensation Case Due to Reliance on Post-Notification Sale Deed. Reference Court's award set aside as sale deed dated after Section 4 notification was not a valid comparable instance under the Land Acquisition Act, 1894.

The appellant, Vidarbha Irrigation Development Corporation (VIDC), filed an appeal against the judgment of the reference Court in LAC No. 660 of 2007,...

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Supreme Court Dismisses Revenue Appeal in Income Tax Case; Arrear Dividends on Shares Held Not Taxable as Income. Purchase of Shares Cum-Dividend Implied Price Included Dividend Amount, Which Was Not Income of the Purchaser but Capital Receipt Under Income-tax Act, 1922.

The case involved a tax dispute regarding the treatment of arrear dividends received by the respondent, India Discount Co. Ltd., a dealer in shares an...

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High Court of Madras Disposes of Batch of Writ Petitions Challenging Income Tax and GST Assessment Orders, Suo Motu Impleads State Bank of India. No specific legal finding or ratio is discernible from the available text.

The High Court of Madras heard a batch of writ petitions filed by multiple corporate entities, including Aqua Terra Coke and Energy Limited (formerly ...

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Bombay High Court Allows Claimants' Appeals in Land Acquisition Case for Police Training School — Enhances Compensation from Rs. 150 to Rs. 200 per sq. mtr. Market Value Determined by Comparable Sale Method Under Land Acquisition Act, 1894, with Statutory Benefits of Solatium and Additional Amount.

The case involves appeals under Section 54 of the Land Acquisition Act, 1894, against a common judgment and award dated 08/04/2013 passed by the Refer...