Capital Asset Conversion Requires Proven Business Stock Treatment; Paper Consideration in Spousal Flat Transfers Does Not Create Taxable Business Inco...
Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
Commercial property status protects capital-gains exemption when residential-house ownership limits are tested, while agricultural-land character gove...
Investigation deposits refunded after failed customs demands fall outside the statutory appellate pre-deposit interest regime and may attract compensa...
Resolution plan finality extinguishes unquantified operational-creditor claims and pending proceedings unless the approved plan expressly preserves th...
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
