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Karnataka High Court Allows Input Tax Credit Based on Annual Audited Accounts in KVAT Act Cases. The court held that Section 10(3) of the KVAT Act permits availment of input tax credit based on the annual audited statement in Form VAT 240, irrespective of the claim in returns under Section 35.

The judgment involves multiple writ petitions filed by M/s MFAR Constructions Pvt. Ltd. and M/s Mangalore Force, challenging the interpretation of Sec...

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Bombay High Court Allows Land Acquisition Compensation Enhancement Petition Due to Non-Application of Correct Market Value. Petitioner's Land Acquired in 2008 for Satara Municipal Council, Court Directs Recalculation Based on Comparable Sale Instances Under Section 23 of the Land Acquisition Act, 1894.

The petitioner, Zal Sam Cooper, owned land in Satara that was acquired by the State of Maharashtra for the Satara Municipal Council under the Land Acq...

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Supreme Court Upholds Revenue's Treatment of Profit-Sharing Payment as Capital Expenditure under Income-tax Act, 1922. Payment of Annual Percentage of Net Profits to Seller Government for Acquisition of Industrial Undertakings Held Capital in Nature, Not Revenue Deduction Under Section 10(2)(xv).

The appellant company, Travancore Sugars and Chemicals Ltd., was formed to take over certain industrial undertakings from the Government of the erstwh...

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High Court of Gujarat Hears Challenge to Constitutional Validity of Section 10A(2)(c) of MMDR Act and Rule 8(4) of MCR Rules, 2016. Petition Seeks Execution of Mining Lease Deed and Challenges Orders of Union and State Governments.

The petitioner, a company registered under the Companies Act, 1956 (originally ABG Cement Ltd., later Vadraj Cement Ltd.), filed a writ petition befor...

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High Court of Karnataka Considers Appeal from Conviction Under Sections 302 and 201 IPC Based on Circumstantial Evidence. Trial Court Had Convicted Accused for Murder and Destruction of Evidence After Establishing Deceased's Identity Through DNA Test.

The appeal arises from the conviction of the appellant by the I Additional Sessions Judge and Special Judge, Shimoga, in S.C. No.95/2012 for offences ...