Search Results for "improvement expenses"

393 result(s) found

Scroll Down To Discover

Found 393 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Capital Gains Treatment for Land Sale by Estate Administrator — Assessee Not a Trader in Land. Surplus from sale of inherited land held as capital gain, not business income, under Income Tax Act, 1961.

The case involved a reference under Section 256(1) of the Income Tax Act, 1961, at the instance of the Revenue, challenging the Tribunal's decision th...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Assessee in Income Tax Appeal Over TDS Disallowance. Disallowance of Rs. 57,11,625 upheld under Section 40(a)(ia) of Income Tax Act, 1961 as assessee failed to deduct tax at source on payments exceeding Rs. 20,000 per goods receipt to truck operators under Section 194C.

The dispute arose from an income tax assessment for the year 2005-2006 involving Shree Choudhary Transport Company, a partnership firm engaged in tran...

© Image Copyrights Juris Services & Technology

KAHC030005792015_1

The judgment relates to a conglomeration of appeals and cross-objections arising out of land acquisition proceedings initiated by the State of Karnata...

© Image Copyrights Juris Services & Technology

High Court of Judicature at Bombay, Nagpur Bench, Considers Petitions Against Infrastructure Cost Levies by Nagpur Metropolitan Regional Development Authority. The Petitions Raise Constitutional and Statutory Challenges Under Articles 14, 265 and the Maharashtra Regional Town Planning Act, 1966.

The dispute arose from demands for infrastructure cost and STP charges made by the Nagpur Metropolitan Regional Development Authority (NMRDA) against ...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeal in Mediclaim Policy Renewal Dispute — Insurer Must Disclose Material Changes in Coverage at Renewal. Renewal of Insurance Policy is Not a Fresh Contract; Insurer Owed Duty to Inform Insured of Restrictive Terms Under Principle of Utmost Good Faith.

The appellants, Jacob Punnen and his wife, held a Mediclaim policy with United India Insurance Co. Ltd. since 1982, renewed annually. In March 2008, t...

© Image Copyrights Juris Services & Technology

Bombay High Court Considers Constitutional Challenge to Development Control Regulation 33(7) Allowing Enhanced FSI for Reconstruction. Petition Filed by Public-Spirited Citizens Claims Regulation Exacerbates Population Congestion in Island City.

This public interest litigation, filed by three public-spirited citizens of Mumbai, challenged the legality of Regulation 33(7) of the Development Con...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Pune Municipal Corporation Resolution and Circular on Compounding Fees for Building Irregularities. Resolution Held Ultra Vires MRTP Act and BPMC Act as No Power to Levy Such Charges for Regularization Under Section 53(3).

The case involved three writ petitions filed under Article 226 of the Constitution of India before the Bombay High Court challenging a Resolution date...

© Image Copyrights Juris Services & Technology

Karnataka High Court Allows Appeal of Injured Pillion Rider in Motor Accident Claim Regarding Liability and Interest. Insurance Company Held Liable Despite Driver Having Licence for Autorickshaw but not Goods Autorickshaw, Following Mukund Dewangan, and Interest Enhanced to 9% Due to Long Delay.

The appeal arose from an award by the Motor Accident Claims Tribunal in a claim petition filed by a pillion rider who sustained grievous injuries in a...