improvement 2,25,511
(111750*785/389)
Total cost 5,67,493
Net Taxable Capital Gain 1,65,31,119
15. On appeal ... nature of transfer would continue
to remain as transfer on compulsory acquisition, and
therefore, such an assessee would be entitled to the benefit of
exemption
special needs of a
particular purchase; (ii) capitalization of the net annual
profit out of the property at a rate equal in normal cases ... securities. Ordinarily value
of the property may be determined by capitalizing the net
annual value obtainable in the market at the date of the
notice
Nikhil T Parikh - Sole Propreitor Of ... vs Union Of India Thro Secretary & 14 on
bonus among the traders in the manufactured products market does net affect the taxing character of the levies made and what Mr. Somayya says ... privy Council held that it was a tax because it emphasised the compulsory nature of the levy.
It must be borne in mind that
slump sales and
not to leave them out of the tax net. The term 'slump sale' has been used in
the enactment ... includes sale, exchange or relinquishment,
extinguishment of any right in an asset, compulsory acquisition under the law
etc. We may note and record here that
also provision in Sec.75
of the Indian Registration Act for compulsory registration
of the document, and Sec. 77 of the Act provides ... executed.
OMP No. 1349/2014 Page 16 of 23
26. The net result is that the learned Arbitrator could not have treated
the unregistered lease
first year at 4% of Pro-rated
Net Profit with a cap of 7% of Pro-rated Net Profits. There was no
response from ... Board (the 'Board' for short) at New Delhi for a
compulsory license to communicate the sound recording in the
repertoire of the Defendant
annual net profits set forth in such return may for the purposes of this Act, be deemed to be the annual net profits for each ... District of ........ a return in the form hereunto annexed, showing the net profits of the ....... calculated on the average of the profits of the last
included in the lease had been acquired under an enactment providing for compulsory acquisition." Under Section 6 the Collector was to take charge ... amount payable as compensation was to be determined by multiplying the net income as determined under Section 10 by the number of years for which
Page 32 of 34
fixed payment of royalty of 2% net advertisement earnings of each FM
Radio Stations, which is to be proportionately distributed between ... separate Radio Stations including
the stations qua which the grant of compulsory licences has been
assailed. The Voluntary Licence Agreements executed between the
parties make
