https://www.taxtmi.com/caselaws?id=756231 Under the Real Estate (Regulation and Development) Act, a promoter's appeal required pre-deposit of the interest amount directed by the authority, even though actual payment was deferred to a later stage, because the liability had already been fastened and the statutory condition secured the amount before the appeal was entertained. However, interest attributable to the moratorium period could not be included in the deposit where the authority had itself granted that benefit and such sums were not payable under the order. The pre-deposit was therefore upheld in principle, but recomputed to exclude moratorium-period interest. en-us Tue, 20 Feb 2024 00:00:00 +0530 Tue, 30 Jul 2024 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756231 Under the Real Estate (Regulation and Development) Act, a promoter's appeal required pre-deposit of the interest amount directed by the authority, even though actual payment was deferred to a later stage, because the liability had already been fastened and the statutory condition secured the amount before the appeal was entertained. However, interest attributable to the moratorium period could not be included in the deposit where the authority had itself granted that benefit and such sums were not payable under the order. The pre-deposit was therefore upheld in principle, but recomputed to exclude moratorium-period interest. Case-Laws Indian Laws Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756231