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KAHC010306832010_1

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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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Bombay High Court Dismisses Writ Petition Challenging Land Acquisition for Railway Project. Publication in Official Gazette and Local Newspapers Held Sufficient Compliance Under Section 4(1) of Land Acquisition Act, 1894.

The petitioners, 70 individuals, filed a writ petition under Article 226 of the Constitution of India challenging the acquisition of their lands for t...

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High Court of Karnataka Allows Writ Petitions Declaring Income Tax Exemption Under Section 96 of RFCTLARR Act, 2013 Applicable to Land Acquisitions Under KIAD Act, 1966. Compensation for Land Acquisition Under State Act Entitled to Same Tax Exemption as Under Central Act.

The petitioners, M/s Sri Balaji Corporate Services and NCC Urban Infrastructure Limited, along with individual landowners, challenged the denial of in...

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Bombay High Court Quashes Land Acquisition Declaration for Sugar Factory Due to Non-Compliance with Section 5A of Land Acquisition Act, 1894. Collector Failed to Prepare Independent Report or Submit Recommendations, Relying Instead on Beneficiary's Chart, Rendering Section 6 Declaration Invalid.

The petitioners, Sukumar M. Khot and others, challenged a declaration under Section 6 of the Land Acquisition Act, 1894, published on 23 June 2005, wh...

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Supreme Court Dismisses Appeal in Land Acquisition Case Under Land Acquisition Act, 1894. Notifications invoking urgency under Section 17(4) and dispensing with inquiry under Section 5A upheld as land was necessary for residential colony scheme and decision based on subjective satisfaction of authority.

The dispute arose from land acquisition proceedings under the Land Acquisition Act, 1894, initiated by the State of Uttar Pradesh and the Bulandshhar ...