Search Results for "open market valuation"

527 result(s) found

Scroll Down To Discover

Found 527 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Writ Petition Challenging Stamp Duty Reassessment — Prior Agreement Valuation Binding. Sale Deed Executed in Conformity with Assessed Agreement Cannot Be Reopened Under Section 31A of Indian Stamp Act, 1899 (Goa Amendment).

The petitioners, Mr. Sameer Vasudev Morajkar and Mrs. Prithvi B. Dessai, executed a sale deed dated 16.12.2020 in respect of property measuring 1900 s...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Hears and Decides Batch of Appeals Under Land Acquisition Act, 1894 Regarding Compensation for Kakhandaki Village Lands. The Court Examined Market Value Determinations Made by the Reference Court Under Sections 18 and 54 of the Land Acquisition Act, 1894.

Background: A batch of appeals and cross objections were filed before the High Court of Karnataka under Section 54(1) of the Land Acquisition Act, 189...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Enhances Compensation for Land Acquisition for Minor Irrigation Tank — Market Value Determined at Rs. 1,50,000 per Acre with 30% Solatium and 12% Additional Market Value. Comparable Sales Method Applied Under Section 23 of Land Acquisition Act, 1894 to Fix Enhanced Compensation.

The appellants, whose land was acquired for construction of a minor irrigation tank, challenged the judgment and award of the Reference Court dated 18...

© Image Copyrights Juris Services & Technology

Bombay High Court Partly Allows State Appeal in Land Acquisition Compensation Case — Enhances Rate to Rs. 30,000 Per Acre with Statutory Benefits. Court Relies on Sale Deed of Similar Land and Previous Awards to Determine Market Value Under Land Acquisition Act, 1894.

The State of Maharashtra appealed against the judgment and award dated 26/08/2003 passed by the learned Joint Civil Judge, Senior Division, Osmanabad ...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Pre-emptive Purchase Order Under Income Tax Act for Undervalued Property. Appropriate Authority's Valuation Based on Comparable Sales Upheld as Reasonable.

The Supreme Court dismissed appeals by prospective buyers (Krishna Kumar Rawat & Ors.) and partly allowed the appeal by the Union of India against a H...

© Image Copyrights Juris Services & Technology

Bombay High Court Partially Allows Appeals in Land Acquisition Compensation Case — Market Value of Agricultural Land Fixed at Rs. 50,000 per Acre. Compensation for Fruit Trees Reduced Due to Lack of Evidence of Actual Number and Age.

The case involves two cross-appeals arising from land acquisition proceedings for the Upper Manjra Medium Project. The claimant, Annasaheb Sambhajirao...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Tender Process for Unilateral Reduction of Upset Price in Co-operative Bank Property Sale. Tender Authority Cannot Reduce Upset Price After Issuance of Tender Notice Without Fresh Tender Process.

The case involves two writ petitions challenging the decision of the Buldhana District Co-operative Agricultural Rural Multipurpose Development Bank L...

© Image Copyrights Juris Services & Technology

Bombay High Court Enhances Royalty for Court Receiver's Property in License Dispute. Court modifies Receiver's order fixing royalty at Rs.45,000 per month and enhances to Rs.1,50,000 per month based on valuation report and market rates.

The plaintiff filed a chamber summons seeking modification of the Court Receiver's order dated 24 August 2010 fixing royalty at Rs.45,000 per month fo...

© Image Copyrights Juris Services & Technology

Bombay High Court Decides Reference on Difference of Opinion in Municipal Tax Assessment Case. Question of law regarding determination of annual letting value under Section 154 of Mumbai Municipal Corporation Act, 1888 for premises exempt under Maharashtra Rent Control Act, 1999.

This judgment is a reference to a third judge following a difference of opinion in an appeal against a Single Judge's decision in a writ petition conc...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition Challenging Valuation of Physician's Free Samples Under Central Excise Act. Free samples of medicines are excisable goods and must be valued under Rule 4 of Central Excise Valuation Rules, 2000 based on price of comparable goods sold in the market.

The petitioners, Indian Drugs Manufacturer's Association and M/s. Emil Pharmaceuticals Industries Pvt. Ltd., challenged Circular No. 813 dated 25/4/20...