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Karnataka High Court Dismisses Revision Petitions in VAT Case — Land Cost Deduction at 40% Upheld. Assessee failed to prove actual land cost exceeding 40% of sale consideration under KVAT Act, 2003.

The petitioner, M/s. Nandi Constructions, a builder and civil works contractor engaged in construction and sale of apartments, filed revision petition...

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Bombay High Court Considers Appeal by Nagar Parishad Against Injunction Order in Property Title Suit. Dispute Involves Ownership Claim of Cotton Market Dharamshala Trust Over Land in Katol, Nagpur District, and Public Purpose Allocation by Collector.

The matter concerns an appeal against the order dated 30th April, 2019 passed by the Joint Civil Judge, Junior Division, Nagpur in Special Civil Suit ...

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Supreme Court Dismisses Assessee's Appeal in Income Tax Case Regarding Taxation of Forest Tree Sale Proceeds. Proceeds from 'Clear Felling' of Spontaneous Growth Trees Leaving Stumps for Regeneration Held to be Revenue Receipt under the Income Tax Act, 1922.

The Supreme Court of India addressed the taxability of proceeds from the sale of forest trees under a 'clear felling' agreement. The assessee's father...

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Bombay High Court Dismisses Appeal by Acquiring Body in Land Acquisition Compensation Case — Market Value Upheld at Rs.7,500 per Are. Comparable Sale Instances Justify Enhanced Compensation Under Land Acquisition Act, 1894.

The case arises from the acquisition of agricultural land belonging to the respondent-claimant, Ganpat Sonu Khedekar, for the Konkan Railway project. ...

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Supreme Court Remands Compensation Claim in Khoti Abolition Matter for Determination of Proprietary Rights. Holder of Khoti Tenure Must Establish Grant or Sanad to Overcome Presumption of Government Ownership Over Forest and Waste Lands Under Bombay Khoti Abolition Act, 1949.

The dispute centered on the entitlement of the appellants, Shyamsunder Tikam Shet and another, to compensation under section 12 of the Bombay Khoti Ab...

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High Court of Karnataka Examines Validity of Order Cancelling De-notification under Land Acquisition Act – Key Issue Whether Possession Was Taken. Court Considers Application of Junjamma Precedent and Section 21 of Karnataka General Clauses Act.

The dispute involved two sets of writ petitions before the Karnataka High Court concerning land bearing Sy. No. 14/3 measuring 3 acres 09 guntas at Gi...