Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
The Supreme Court ruled on the refund of Stamp Duty for an un-executed conveyance deed u/s 47 (c) of the Act and Rules 21, 22A of Bombay Stamp Rules, 1939. The appellant diligently pursued legal remedies and was denied refund on grounds of limitation. Evidence is not required with the application for refund u/s 47. The legal principle from THE COMMITTEE-GFIL VERSUS LIBRA BUILDTECH PRIVATE LTD. AND ORS. was cited, emphasizing that the State should not rely on technicalities when dealing with citizens. The appellant's case warranted a refund as the expiry of limitation does not bar the right to claim refund. The appellant acted in good faith but was deceived by the Vendor, leading to the cancellation of the deed. The impugned order was set aside, and the appeal was allowed.
The Supreme Court ruled on the refund of Stamp Duty for an un-executed conveyance deed u/s 47 (c) of the Act and Rules 21, 22A of Bombay Stamp Rules, 1939. The appellant diligently pursued legal remedies and was denied refund on grounds of limitation. Evidence is not required with the application for refund u/s 47. The legal principle from THE COMMITTEE-GFIL VERSUS LIBRA BUILDTECH PRIVATE LTD. AND ORS. was cited, emphasizing that the State should not rely on technicalities when dealing with citizens. The appellant's case warranted a refund as the expiry of limitation does not bar the right to claim refund. The appellant acted in good faith but was deceived by the Vendor, leading to the cancellation of the deed. The impugned order was set aside, and the appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
