Search Results for "Taking of Possession"

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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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Supreme Court Upholds Landlord's Eviction in Rent Control Case — Mere Agreement to Sell Does Not Terminate Tenancy. Bona Fide Need for Personal Residence Established Under Section 21(1)(a) of U.P. Urban Buildings Act, 1972.

The case involves a landlord-tenant dispute where the respondent, Shri Ram Lal, owner of a house in Dehradun, let out a portion to the appellant, Dr. ...

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Supreme Court Allows State Appeal in Land Acquisition Case — Possession Held Validly Taken Despite Existence of Structures. Panchnama and Rapat Sufficient to Constitute Taking of Possession Under Land Acquisition Act, 1894.

The State of Haryana appealed against the High Court's judgment that declared the acquisition of the respondent's land as lapsed under Section 24(2) o...