themselves."
19. As per affidavit filed before Ld. Trial Court, the net salary
of appellant is Rs.36,693/ per month. However, Ld Trial ... Trial Court erred in law
by not taking into account the compulsory deductions from the gross
income of appellant while assessing his monthly income. Reliance
compulsory assessment as in the sales tax regime. The correctness of self-assessment is subject to check through the departmental audit. Thus, the net effect
that the value of the properties were to be included in the net wealth of the assessee for the purpose of assessment to wealth ... property, would, therefore, not bring the property within the definition of 'net wealth' for it would not then be an asset 'belonging
239Th Report On Expeditious Investigation And Trial Of Criminal Cases Against ...
1
GOVERNMENT OF INDIA
clause allows a deduction of
50% on interest on compensation pursuant to compulsory
acquisition.
11. The purport of all the aforesaid amendment in sections
145A ... essentially to tax the interest
component in the compensation on compulsory acquisition of
Urban Agricultural Land. No other intention can be read in
these amendments
Jindal Stainless Ltd. & Anr vs State Of Haryana & Ors on 13 April, 2006
context of Article 301 , therefore, compensatory tax is a compulsory contribution levied broadly in proportion to the special benefits derived to defray the costs ... special advantage to trade, commerce and intercourse. It may incidentally bring in net-revenue to the Government but that circumstance is not an essential ingredient
important factors like (1) its demand in the investment market; (2) annual net income the property may yield in future. The Appropriate Authority should analyse ... cases where the Appropriate Authorities desire to pass an order of compulsory purchase. The Appropriate Authorities should not be like charlatans with a tunnel vision
V.Lekha vs The Chairman on 19 August, 2021
Author: N.Kirubakaran
Bench: N.Kirubakaran
V.Lekha vs The Chairman on 19 August, 2021
Author: N.Kirubakaran
Bench: N.Kirubakaran
