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Supreme Court Considers Includability of Bought-Out Items in Assessable Value of CKD Boilers. Appeal Under Section 35L(1)(b) of Central Excise Act, 1944 Challenges CESTAT Order Holding That Essential Parts Delivered at Site Must Be Included in Transaction Value for Duty Assessment.

The Supreme Court heard statutory appeals under Section 35L(1)(b) of the Central Excise Act, 1944 against the common final order of the Customs, Excis...

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Bombay High Court Hears Insurance Appeals Challenging Tribunal Awards on Multiplier and Future Prospects; Decision Not Provided in Excerpt.

The Bombay High Court heard three first appeals filed by insurance companies challenging awards passed by Motor Accident Claims Tribunals. In First Ap...

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High Court Reconsiders Land Owner's Cross Objection for Enhanced Compensation After Supreme Court Remand. Reconsideration Limited to Valuation of Trees and Classification of Survey No. 336 as Irrigated or Dry Crop Land Under Land Acquisition Act, 1894.

The land owner filed a cross objection seeking enhancement of compensation awarded by the Reference Court in Land Acquisition Case No.281/2006. The Re...

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Bombay High Court Quashes Collector's Order in Stamp Duty Dispute — Auction Sale Consideration Prevails Over Market Value. Stamp duty on sale certificate must be computed on actual auction sale consideration, not market value, under Maharashtra Stamp Act, 1958.

The petitioner, Shweta Aditya Malhotra, purchased a property through an auction sale conducted by the Collector of Stamps, Andheri Division, Mumbai, f...

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High Court of Karnataka Adjudicates Multiple Appeals on Land Acquisition Compensation for Minor Irrigation Tank. Reference Court's Enhanced Market Value Challenged by Both State and Land Losers.

The High Court of Karnataka Kalaburagi Bench heard a conglomeration of appeals filed under Section 54(1) of the Land Acquisition Act, 1894, and cross-...