https://www.taxtmi.com/caselaws?id=400202 The Kerala HC considered whether land-surrender agreements executed with the District Collector could operate as a deemed award under the land acquisition statute, enabling a reference for re-determination of compensation. Reading the agreements with the compensation scheme under the 2013 Act, the court treated the express preservation of further statutory compensation rights as binding on the acquiring authority, which had taken possession and paid consideration. It also held that the absence of income-tax deduction could not defeat the statutory compensation regime, because the Act exempts awards and agreements from tax subject to limited exceptions. The appeal failed, and the reference applications were to be processed under the Act. en-us Wed, 21 Oct 2020 00:00:00 +0530 Sat, 31 Oct 2020 07:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400202 The Kerala HC considered whether land-surrender agreements executed with the District Collector could operate as a deemed award under the land acquisition statute, enabling a reference for re-determination of compensation. Reading the agreements with the compensation scheme under the 2013 Act, the court treated the express preservation of further statutory compensation rights as binding on the acquiring authority, which had taken possession and paid consideration. It also held that the absence of income-tax deduction could not defeat the statutory compensation regime, because the Act exempts awards and agreements from tax subject to limited exceptions. The appeal failed, and the reference applications were to be processed under the Act. Case-Laws Indian Laws Wed, 21 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400202