Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Interest awarded under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land is examined in relation to taxation as income from other sources under section 56(2)(viii). The notes distinguish section 28 interest as an accretion to compensation rather than ordinary interest, and address the related treatment of tax deduction at source. They also highlight that the territorial jurisdiction of the Bombay High Court is relevant where the acquired land and assessing officer fall within that jurisdiction.
Interest awarded under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land is examined in relation to taxation as income from other sources under section 56(2)(viii). The notes distinguish section 28 interest as an accretion to compensation rather than ordinary interest, and address the related treatment of tax deduction at source. They also highlight that the territorial jurisdiction of the Bombay High Court is relevant where the acquired land and assessing officer fall within that jurisdiction.
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