Search Results for "open market valuation"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "open market valuation"

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High Court

Bombay High Court Decrees Suit in Favour of Financial Advisor in Commercial Summary Suit for Professional Fees — Interpretation of Mandate Letter Options for Success Fee on Cash Sales of NPAs. Court holds that where the Bank exercised option of 100% cash sales, the Financial Advisor is entitled to success fee at the higher rate of 0.50% on cash received, as per option (a) of the Mandate Letter dated 1 July 2017.

25 Feb 2025

The Plaintiff, Special Situation Advisors (India) Pvt. Ltd., a company registered under the Companies Act, 1956, engaged in providing financial adviso...

High Court

Bombay High Court Dismisses State Appeal in Land Acquisition Compensation Case — Market Value Enhanced Based on Comparable Sale Instance. Court upheld Reference Court's award enhancing compensation from Rs.36,700-41,700 to Rs.1,00,000 per hectare for acquisition of agricultural land for percolation tank under Section 18 of the Land Acquisition Act, 1894.

22 Dec 2017

The State of Maharashtra appealed against the judgment and award dated 9.11.2011 passed by the Civil Judge (S.D.), Sangamner in LAR No.106 of 2001, wh...

Supreme Court

Supreme Court of India Decides Revenue Appeal Against Tribunal's Order on Excise Valuation of Fiat Cars. Assessee's Price Below Cost Held as Normal Price Under Section 4(1)(a) by Tribunal, Revenue Challenges on Ground That Price Did Not Reflect Manufacturing Cost and Profit.

1 Aug 2026

The dispute concerned the valuation of Fiat Uno model cars for central excise duty under Section 4 of the Central Excise Act, 1944. The assessee, M/s ...

High Court

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.

20 Oct 2016

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...

High Court

Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act for Lack of Full and True Disclosure — Share Premium Valuation Dispute Not a Failure to Disclose Material Facts.

10 Feb 2023

The petitioner, The Suminter Organic and Fair Trade Cotton Ginning Mill Pvt. Ltd., challenged a notice under Section 148 of the Income Tax Act, 1961, ...

High Court

Bombay High Court Partly Allows Appeal by Goa Housing Board Reducing Land Compensation from ₹300 to ₹150 per sq. metre. Large Agricultural Land Acquisition Requires 50% Deduction for Development Charges Under Land Acquisition Act, 1894.

28 Oct 2015

The case involves an appeal by the Goa Housing Board against the Judgment and Award dated 6th December 2011 passed by the Reference Court under Sectio...

High Court

Bombay High Court Sanctions Reduction of Equity Share Capital of Organon (India) Limited — Scheme Approved Despite Objection Regarding Valuation and Fairness. Court held that the reduction was fair and reasonable, and the objection regarding valuation was not sustainable as the price was based on SEBI delisting guidelines and accepted by majority shareholders.

7 Jun 2010

The judgment concerns a Company Scheme Petition filed by Organon (India) Limited seeking sanction and confirmation of a special resolution passed by i...

Supreme Court

Supreme Court Dismisses Revenue Appeals in Wealth Tax Matter, Upholding Balance Sheet Valuation Absent Assessee's Proof. Fixed Assets Valuation Under Section 7(2)(a) of the Wealth Tax Act, 1957, Confirmed Where Assessee Failed to Show Written Down Value Was True Value.

8 Aug 1969

The case arose from wealth tax assessments of Tungabhadra Industries Ltd. for the years 1957-58, 1958-59, and 1959-60 under the Wealth Tax Act, 1957. ...

High Court

Bombay High Court Allows Enhancement of Compensation for Acquired House Property Under Land Acquisition Act — Market Value Determined at Rs. 500 per sq.mtr. for Open Space and Rs. 1,000 per sq.mtr. for Constructed Area. The court applied the belting method and considered potential value to fix compensation higher than the reference court's award.

21 Aug 2019

The appeal was filed by the original claimant, Shantappa Rudrappa Mathdevru (since deceased, through his legal representatives), seeking enhancement o...

High Court

Bombay High Court Quashes Section 55A Notice for Valuation After Assessment Completed — Assessing Officer Cannot Refer Valuation After Passing Assessment Order Under Section 143(3) of Income Tax Act, 1961. The power under Section 55A is to be exercised during the pendency of assessment proceedings, not after the assessment order is passed.

3 Apr 2006

The writ petition was filed by Rallis India Limited challenging a notice dated 19th April, 2005 issued under Section 55A of the Income Tax Act, 1961 b...

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