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    <title>2011 (2) TMI 1352 - Supreme Court</title>
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    <description>Interest on land acquisition compensation under the Land Acquisition Act, 1894 continues until the amount is actually paid to the owner or deposited in court. Mere preparation of cheques or keeping the compensation available for collection does not end the statutory liability where the State neither secures collection nor makes a court deposit; retaining and using the money in the revenue account does not avoid interest. Section 53 prevents reliance on a conflicting procedural rule to defeat the Act&#039;s express payment scheme. The result is that interest remains payable until deposit in court.</description>
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    <pubDate>Wed, 23 Feb 2011 00:00:00 +0530</pubDate>
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      <title>2011 (2) TMI 1352 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=170085</link>
      <description>Interest on land acquisition compensation under the Land Acquisition Act, 1894 continues until the amount is actually paid to the owner or deposited in court. Mere preparation of cheques or keeping the compensation available for collection does not end the statutory liability where the State neither secures collection nor makes a court deposit; retaining and using the money in the revenue account does not avoid interest. Section 53 prevents reliance on a conflicting procedural rule to defeat the Act&#039;s express payment scheme. The result is that interest remains payable until deposit in court.</description>
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      <pubDate>Wed, 23 Feb 2011 00:00:00 +0530</pubDate>
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