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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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High Court of Karnataka Quashes Land Acquisition Notification for Industrial Development Due to Non-Compliance with Section 28 of KIADB Act, 1966. Preliminary Notification Lapsed as Final Notification Not Issued Within Prescribed Period of Two Years.

The petitioners, landowners from Gavenahalli Village, Hassan Taluk and District, filed writ petitions under Articles 226 and 227 of the Constitution o...

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Bombay High Court Recalls Sanction of Demerger Scheme Due to Non-Compliance with Stamp Duty Condition. The court held that failure to pay stamp duty on the order within the prescribed period renders the order liable to be recalled under inherent powers.

The applicants, Unique Delta Force Security Private Ltd. (Resulting Company) and Sumeet Facilities Pvt. Ltd. (Demerged Company), filed applications se...

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KAHC010028642011_1

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