Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
HC granted conditional interim relief in tax dispute, directing petitioner to deposit 10% of remaining disputed tax amount within four weeks. Unconditional stay of demand issued for four weeks, with continued interim order contingent upon petitioner's compliance with deposit requirement. Order allows partial stay under Section 112(8) of CGST/WBGST Act, 2017, providing temporary relief pending final adjudication of writ petition.
HC granted conditional interim relief in tax dispute, directing petitioner to deposit 10% of remaining disputed tax amount within four weeks. Unconditional stay of demand issued for four weeks, with continued interim order contingent upon petitioner's compliance with deposit requirement. Order allows partial stay under Section 112(8) of CGST/WBGST Act, 2017, providing temporary relief pending final adjudication of writ petition.
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