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    Capital gains on transferable development rights apply where surrendered land provides an ascertainable acquisition cost for the rights.
    Dividend distribution tax treaty-rate claims await Supreme Court guidance before fresh adjudication of India-Netherlands DTAA applicability.
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      Finality of an eviction decree between landlord and tenant...

      Final eviction decree bars CIRP challenge to landlord's title and excludes unlawful possession from insolvency assets

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      IBCJuly 2, 2026Case LawsAT
      Finality of an eviction decree between landlord and tenant barred the corporate debtor from disputing the appellant's ownership in CIRP, because the lease had expired and the eviction decree had attained finality up to the Supreme Court. A status quo order in separate land-vesting proceedings, passed only between the appellant and the State, did not revive any possession right for a non-party occupier. Only ownership or a subsisting enforceable right can bring property within insolvency control; unlawful occupation after lease expiry is not an asset of the corporate debtor. The property was excluded from CIRP, consequential actions were treated as non-est, and the appellant was left to pursue possession and mesne profits.

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      ActsIncome Tax