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Natural justice and pre-CIRP labour awards protect termination compensation, permitting withdrawal of court deposits despite later insolvency resoluti...
Arbitration of SEZ sub-lease monetary claims preserves rent, maintenance, termination, improvements and damages disputes while unused premises are vac...
Scientific research approval grants a research association tax recognition, subject to annual donor reporting, certification, and regulatory complianc...
Reciprocal transfers of developed plots under a pre-existing arrangement for consolidating fragmented ownership may constitute valid consideration in kind, notwithstanding deeds showing nil monetary consideration. Section 43CA applies only where consideration received or accrued is below stamp duty value. Where each transfer was matched by equivalent land transferred to the transferor's nominees and no shortfall against stamp duty value was found, the deeming fiction did not apply. The section 43CA addition was deleted because the conveyances represented reciprocal exchanges rather than understated consideration.
Reciprocal transfers of developed plots under a pre-existing arrangement for consolidating fragmented ownership may constitute valid consideration in kind, notwithstanding deeds showing nil monetary consideration. Section 43CA applies only where consideration received or accrued is below stamp duty value. Where each transfer was matched by equivalent land transferred to the transferor's nominees and no shortfall against stamp duty value was found, the deeming fiction did not apply. The section 43CA addition was deleted because the conveyances represented reciprocal exchanges rather than understated consideration.
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