Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The HC held that the respondent-authorities breached the interim order by disposing of the 3 gold bars confiscated from the petitioner in November 2022. Instead of demanding an explanation, the HC directed the respondent-authorities to pay the prevailing market price of the goods sold in violation of the order if the petitioner succeeds in appeal or revision. The petition was disposed of.
The HC held that the respondent-authorities breached the interim order by disposing of the 3 gold bars confiscated from the petitioner in November 2022. Instead of demanding an explanation, the HC directed the respondent-authorities to pay the prevailing market price of the goods sold in violation of the order if the petitioner succeeds in appeal or revision. The petition was disposed of.
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