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Search Results for Tag : Immovable Property

Top Story

Claiming time of essence in property sale? Prove it!(16.02.2016)

Bangalore High Court set a high threshold for claims that time was of the essence in a contract for sale of immovable property. Onus, however, was pla.....

Tags : reasonable, time of essence, immovable property, sale, income tax clearance



Notifications & Circulars

Acquisition/Transfer of immovable property in India by Overseas Citizen of India(29.12.2021)

A large number of queries have been received at various Offices of the Reserve Bank, based on newspaper reports on a Supreme Court Judgement, on wheth.....

Tags : Acquisition, Immovable property, Overseas Citizen



News

Supreme Court Elaborates the Difference Between ‘Land’ and ‘Immovable Property’(08.02.2024)

Supreme Court has stated that if provisions of the Punjab Pre-Emption Act, 1913 are read it is abundantly clear that the land and the immovable proper.....

Tags : Supreme Court, Punjab Pre-Emption Act, 1913, Immovable Property



S. 54F Benefit Not Available If Construction Work Precedes Transfer of Property: Gujarat HC(21.05.2018)

Gujarat High Court has held that benefit under Section 54F of Income Tax Act, 1961 could not be availed by an assessee, if construction work precedes .....

Tags : Gujarat High Court, Immovable Property



Gujarat HC Grants Interim Injunction on Immovable Property Based on Agreement to Sell(30.03.2022)

Gujarat High Court has ordered interim injunction on an immovable property and has restrained its owner from changing its status during the pendency o.....

Tags : Gujarat High Court, Agreement to sell, Immovable Property



AAAR, Maharashtra: No GST & TDS on Renting of Immovable Property to Social Justice Department(13.04.2022)

Appellate Authority of Advance Ruling, Maharashtra has observed that the renting of immovable property to the social justice department is exempt from.....

Tags : Appellate Authority of Advance Ruling, immovable property, social justice, Goods and Services Tax, Tax Deducted at Source



SC: Title in Immovable Property Can’t be Conferred Through Will or General Power of Attorney(07.06.2023)

Supreme Court has held that in connection with Will (before death of executant) or General Power of Attorney, the practice of recognizing these docume.....

Tags : Supreme Court, Immovable Property, Title, Will, General Power of Attorney



SC: Declaration of Title to Immovable Property Not Barred Till Right to Such Property Continues(23.12.2024)

SC has observed that a suit for declaration of title to immovable property would not be barred so long as the right to such property continues and sub.....

Tags : Supreme Court, Immovable Property, Declaration of Title



Madras HC Refuses To Quash Notice For Attachment And Sale Of Immovable Property(05.05.2022)

Madras High Court has dismissed a plea seeking to quash the notice for the attachment and sale of immovable property by observing that the assessee is.....

Tags : GST Proceedings, Assessee, Immovable Property



SC: Any Dispossessed Person Other Than Judgement Debtor Can Complain to Court of Such Dispossession(16.10.2024)

SC has stated that where any person other than judgment debtor is dispossessed of immovable property by decree holder for possession of such property,.....

Tags : Supreme Court, Judgement Debtor, Immovable Property



Judgments

Lease of Immoveable Property cannot be considered as supply of goods or rendering a service, and cannot fall under the definition of ‘Operational Debt’(17.01.2020)

In the present case, the Appellant was the Corporate Debtor of the Respondents/ Petitioners, Lessors of industrial Premises. That tenancy of the Appel.....

Tags : Operational Debt, Immovable Property



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