Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
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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