Search Results for Tag : Sale
Notifications & Circulars
Acceptance of e-BRC of DGFT Towards Proof of Realization of Sale Proceeds for Exports with LEO Date Upto 31.03.2014 under Drawback Scheme(28.02.2017)
Attention is invited to Board's Circular No. 5/2009-Customs dated 2.2.2009 which prescribes Bank Realization Certificate (BRC) as one of the documents.....
Tags : Acceptance, E-brc, Proof, Sale proceeds
Central Government notifies for tolerance range of one per cent. for wholesale trading and three per cent. in all other cases for assessment year 2022-2023.(29.06.2022)
In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereafter referred.....
Tags : Notification, Tolerance range, Wholesale trading
International Cases
Buyers/resellers (whether dealers, distributors, or retailers) must remain free to determine their resale price(30.03.2018)
In facts of present case, Respondent was a company engaged in manufacturing and supply of paints and allied products in Karachi and interior Sindh. Co.....
Tags : Re-sale price, Fixation, Contravention
Finalization of Draft Rules on Sale of Drugs by E-Pharmacies(25.06.2019)
The Government has published draft rules vide G.S.R. 817 (E) dated 28th August 2018 for inviting public/stakeholder comments for amendment to the Drug.....
Tags : Draft Rules, Finalization, Sale of Drugs, E-Pharmacies
Judgments
CCI lets Wiley India off the hook(28.06.2016)
The Competition Commission of India dismissed a complaint against pre-eminent publisher of scientific, technical and medical journals, Wiley India, fo.....
Tags : wiley india, journal, distribution, authorised agent, resale price maintenance
When parties mutually agreed for jurisdiction of Delhi Courts and fact that, goods were supplied from Delhi, Delhi High Court has jurisdiction(30.08.2016)
Appellants-Defendants were appointed as Clearing and Forwarding Agents and Stockists of respondents-Plaintiffs and on account of appellants-defendants.....
Tags : Contract, Privity, Sale of goods, Jurisdiction
Prayer Clause is a sine qua non for granting decree of refund of earnest money(14.12.2022)
The present appeal is directed against the judgment passed by the High Court whereby a second appeal preferred by the Appellants was dismissed and jud.....
Tags : Sale Agreements, Termination, Specific performance
Profits on sale of shares were liable to taxed under the head capital gains(27.11.2017)
This appeal has been filed by the Revenue for challenging the order of CIT(A) for treating the profit earned by the Assessee from the sale of shares u.....
Tags : Capital Gains, Sale of shares
No duty of Defendant to disprove Plaintiff’s unsubstantiated case(09.09.2015)
Plaintiff asserting illegal and in-operative deed for sale of land must prove as such and establish its own right, interest and possession over the la.....
Tags : Sale of land, burden of proof, plaintiff
An under-raiyat is prohibited from transferring his interest as under-raiyat in any land though this interest is a heritable interest(08.12.2017)
Ramkrishna Datta, Dhirendra Chandra Ghosh and Lalit Mohan Ghosh, filed a suit in the trial court for declaration of their title on the suit land with .....
Tags : Sale deed, Execution, Raiyat, Rights
True nature of document has to be determined in facts of each case; precedents, in abundance, will not suffice alone(24.10.2017)
The Plaintiff's suit for redemption of mortgage, decreed by the trial Court and affirmed in first appeal, having been reversed by the High Court, the .....
Tags : Document, Nature, Sale deed, Option to repurchase
Only because signature of one of parties is missing in a document, it cannot be concluded that such person did not join in execution of instrument(10.04.2018)
The question arises in present appeal is, as to whether a registered sale deed which does not bear signature of the vendor at the place where his name.....
Tags : Sale Deed, Execution, Validity
Non-payment of a part of the sale price would not affect the validity of the sale(09.07.2020)
The present Civil Appeal has been filed to challenge the impugned Judgment passed by a Division Bench of the Gujarat High Court, which affirmed the Or.....
Tags : Sale deed, Registration, Validity
‘Undue influence’ in execution of a contract cannot be inferred merely because a family member was looking after his family elder(11.09.2019)
In present matter, the Plaintiff and Defendant No. 2 are brothers. Defendant No. 1 was the wife of Defendant No. 2. Respondents Nos. 1 to 3 are sons o.....
Tags : Sale deed, Execution, Undue Influence
News
PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A.60 Limitation Act: SC(26.02.2019)
Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....
Tags : Supreme Court, Minor's Property Sale by Guardian
PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A.60 Limitation Act: SC(26.02.2019)
Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....
Tags : Supreme Court, Minor's Property Sale by Guardian
PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A-60 Limitation Act: SC(26.02.2019)
Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....
Tags : Supreme Court, Minor's Property Sale by Guardian
TDSAT Directs DoT to Reconsider RCom's Plea Seeking Nod for Sale to Jio(27.02.2019)
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed the Department of Telecommunications (DoT) to reconsider Reliance Communications (.....
Tags : TDSAT, RCom's Plea Seeking Nod for Sale to Jio
CIVIL - TDSAT Directs DoT to Reconsider RCom's Plea Seeking Nod for Sale to Jio(27.02.2019)
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed the Department of Telecommunications (DoT) to reconsider Reliance Communications (.....
Tags : TDSAT, RCom's Plea Seeking Nod for Sale to Jio
Allahabad HC Seeks Reply from Centre/ State in Plea for Regulation of Sale and Distribution of Acid(15.01.2020)
Allahabad High Court has sought replies from the Centre and the Uttar Pradesh State Governments in a Public Interest Litigation seeking the implementa.....
Tags : Allahabad High Court, Regulation and Sale of Acid
Bombay HC: Real Estate Developer Liable to Pay Income Tax on Sale of Agricultural Land(18.03.2020)
Bombay High Court has observed that income from the sale of agricultural land will attract income tax as the Assessee was dealing in the sale of prope.....
Tags : Bombay High Court, Sale of Agricultural Land
Special Court, Mumbai Grants Bail to 9 Accused in Case Related to Property Sale in Delhi(17.02.2022)
Special Court in Mumbai has granted bail to nine accused including Yes Bank founder Rana Kapoor, his wife Bindu and businessman Gautam Thapar in a cas.....
Tags : Special Court, Mumbai, Case Related to Property Sale in Delhi
SC: Sale Pursuant to Public Auction Cannot be Set Aside on Basis of Offer by Third Parties(21.02.2022)
Supreme Court has observed that a sale pursuant to public auction cannot be set aside on the basis of some offer made by third parties subsequently a.....
Tags : Supreme Court, Sale Pursuant to Public Auction
Calcutta HC: Notice of Sale by Pawnee Must Contain Positive Assertion Indicating Intention(21.02.2022)
Calcutta High Court has observed that a notice of sale by a pawnee under Section 176 of the Indian Contract Act, 1872 must contain a positive assertio.....
Tags : Calcutta High Court, Notice of Sale by Pawnee
Telangana HC Directs Sub Registrars in State to Register Documents of Sale for Registration(25.02.2022)
Telangana High Court has directed the Sub Registrars in the State to register the documents of sale, transfer, and gift etc. presented for registratio.....
Tags : Telangana High Court, Documents of Sale for Registration
Delhi HC: Arbitrator Can’t Set Aside Sale Notice Issued by Secured Creditor Under SARFAESI Act(23.02.2023)
Delhi High Court has held that matter of a sale notice issued by secured creditor under Section 13(4) of SARFAESI Act is not arbitrable at all, and th.....
Tags : Delhi High Court, SARFAESI, Sale Notice, Arbitrator
Delhi HC Stays Implementation of Status Quo Order in Future-Reliance Stake Sale Deal(09.02.2021)
Delhi High Court has stayed the implementation of its own order passed by the Single Judge bench of Justice Midha, which had directed status quo order.....
Tags : Delhi High Court, Future-Reliance Stake Sale Deal
ITAT, Pune: Sale Consideration for Sale of Software Products is Business Income(15.02.2021)
Income Tax Appellate Tribunal (ITAT) Pune has ruled that the sale consideration received for the sale of software products from the end-users, distrib.....
Tags : Income Tax Appellate Tribunal, Sale Consideration for Sale of Software Products
Delhi HC Seeks Response on Steps Taken to Ensure NGT Orders Banning Sale of Chinese Manjha(23.12.2021)
Delhi High Court has sought response of the Centre as well as the Delhi Government over the steps taken by them to ensure that the orders of National .....
Tags : Delhi High Court, NGT Orders Banning Sale of Chinese Manjha
SC Delivers Split Verdict on Issue ‘Is Non-Production of Power of Attorney Fatal to Title Suit?’(16.01.2023)
Supreme Court Division Bench has delivered a split verdict in a plea pertaining to the issue that when a sale deed is executed on the strength of a de.....
Tags : Supreme Court, Sale Deed, Power of Attorney, Title Suit
Supreme Court: Entering Into Sale Agreement With Minor is Void and Unenforceable(27.02.2024)
Supreme Court has held that per the Contract Act, 1872 it is clearly stated that for an agreement to become a contract, the parties must be competent .....
Tags : Supreme Court, Contract Act, 1872, Sale Agreement, Minor
Bombay High Court to Maharashtra: Will You Stop Online Sale of Drugs ?(29.10.2015)
Bombay High Court has asked Maharashtra Government to inform what steps it would take to stop online sale of drugs specially mentioned under Schedule .....
Tags : Bombay High Court, Sale of Drugs ,Maharashtra Government
Delhi High Court Junks Plea Seeking Enactment of Law Banning Cow Slaughter(06.11.2015)
Delhi High Court has junked a plea seeking enactment of law prohibiting slaughter of cows, sale of beef and such products across national capital regi.....
Tags : Delhi High Court, sale of beef
Supreme Court Bans Online Sale of Firecrackers(23.10.2018)
Supreme Court has banned online sale of firecrackers, restraining e-commerce websites from carrying out its sale.
Tags : Supreme Court, Online sale of Fire Crackers
Delhi HC: Outright Ban on the Sale of Acid may not be the Most Appropriate Approach(28.07.2023)
Delhi High Court while observing that outright ban on the sale of acid may not be the most appropriate approach, has directed State government to focu.....
Tags : Delhi High Court, Sale of Acid, Implementation
ITAT, Bangalore: Consideration for Sale of Software Not to be Treated as Royalty(13.08.2021)
Income Tax Appellate Tribunal (ITAT), Bangalore has ruled that consideration for the sale of software cannot be treated like royalty.
Tags : Income Tax Appellate Tribunal, Consideration for Sale of Software
Madras High Court Bans Online Sales of Medicines(18.12.2018)
Madras High Court has restrained online business in drugs and cosmetics until Central Rules in this regard are notified.
Tags : Madras High Court, Online sale of medicines
P&H HC Denies Quashing Chandigarh Administration's Order Putting Ban on Sale or Use of Crackers(17.11.2020)
Punjab & Haryana High Court on has denied granting any relief to Chandigarh Cracker Dealers Association, which had challenged the Union Territory, Cha.....
Tags : Punjab and Haryana High Court, Ban on Sale or Use of Crackers
Delhi HC Directs Status Quo to be Maintained on Reliance-FRL Stake Sale Deal on Amazon's Plea(03.02.2021)
Delhi High Court has granted interim relief to Amazon directing all authorities and parties to maintain status quo on the Reliance-Future Retail Ltd s.....
Tags : Delhi High Court, Reliance-Future Retail Ltd Stake Sale Deal
NGT Imposes Ban on Use and Sale of Fire Crackers During COVID19 Pandemic(03.12.2020)
National Green Tribunal has imposed a total ban on sale and use of all kinds of fire crackers during COVID-19 pandemic in the National Capital Region .....
Tags : National Green Tribunal, Ban on Use and Sale of Fire Crackers
Karnataka HC Quashes Absolute Sale Deed Registered in Violation of KHB Rules(01.10.2021)
Karnataka High Court has quashed an absolute sale deed registered in violation of rules by the Karnataka Housing Board (KHB) in respect of a civic ame.....
Tags : Karnataka High Court, Absolute Sale Deed
Madras High Court Lifts Ban on Online Sale of Medicines(03.01.2019)
Madras High Court has stayed an order passed by a single judge on December 17 that banned the sale of medicines online and said that interim stay will.....
Tags : Madras High Court, Online Sale of Medicines
Madras HC Comes Down Heavily on Tobacco Sale Near Schools(14.06.2016)
Madras High Court has directed public health department and police officers to crack down on tobacco sale and use in the vicinity of schools and said,.....
Tags : Madras High Court, Tobacco Sale Near Schools
Registering Authority Cannot Cancel/Set Aside An Already Registered Sale Deed: Allahabad HC(28.05.2018)
Allahabad High Court has held that a registered sale deed cannot be cancelled or set aside by registering authority or by any authority invoking admin.....
Tags : Allahabad High Court, Sale Deed
SC Issues Notice in Amazon Plea Challeging Delhi HC Stay on Future-Reliance Retail Stake Sale(22.02.2021)
Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single .....
Tags : Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single Judge bench of Justice Midha, which had directed status quo order on the Future - Reliance retail stake sale deal of nearly Rs. 25000 crore.
Delhi High Court Upholds Stay on Sale by Online Pharmacies(09.01.2019)
Delhi High Court has refused to vacate the stay on sale of drugs and prescription medicines by online pharmacies.
Tags : Delhi High Court, Stay on Sale by Online Pharmacies
Madras High Court Orders Interim Ban on Sale of Edible Oil as Loose Oil(21.12.2020)
Madras High Court has passed an interim order banning the sale of edible oil as loose oil, observing that the edible oils (sold in loose packets) are .....
Tags : Madras High Court, Sale of Edible Oil
Guj. HC: Bank can’t refuse Title Deed After clearing Charge over Property Through 3rd Party Sale Deed(25.07.2022)
Gujarat High Court has held that once the bank agrees to sell a property mortgaged with it by a loan defaulter and a third party pays full considerati.....
Tags : Gujarat High Court, Title Deed, Sale Agreement
ITAT: Nature of Land Sold is to be Ascertained Based on Sale Deed Executed(27.07.2022)
Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the nature of land sold is to be ascertained based on the sale deed executed.
Tags : ITAT, Land, Sale Deed
Delhi HC Grants Ad-Interim Injunction Restraining Sale of "Vintage Moments" Alcohol(21.10.2020)
Delhi High Court has passed an ad interim order restraining the manufacturing, marketing, sale etc. of alcohol under the mark 'VINTAGE MOMENTS' in a s.....
Tags : Delhi High Court, Sale of "Vintage Moments" Alcohol
SC: Unilateral Cancellation of Registered Sale Deed Can't be an Anticipatory Bail Condition(20.09.2021)
Supreme Court has observed that a registered sale deed cannot be cancelled unilaterally by one party to the said document in purported compliance of t.....
Tags : Supreme Court, Cancellation of Registered Sale Deed
Madras HC Makes Production of Life Certificates of Principal Landowners Must for Registration(02.12.2015)
Madras HC has upheld authority of Inspector General of Registration (IGR) to issue circular instructing Sub-Registrars across State to insist on produ.....
Tags : Madras HC ,Inspector General of Registration , sale deeds for registration
Delhi HC: Sale Out of Opening Stock Not Income from Other Sources(27.11.2020)
Delhi High Court has held that the sale made out of opening stock can not be treated as unexplained income to be taxed as income from other sources.
Tags : Delhi High Court, Sale Out of Opening Stock
CCI Dismisses Complaint Against 6 Individuals in Land Sale Case(18.03.2016)
Competition Commission of India (CCI) has rejected a complaint against six individuals pertaining to sale of land plots in Dehradun, saying it is a di.....
Tags : Competition Commission of India , Land Sale Case
SC: Section 32, Registration Act Does Not Require the Presence of Parties During Registration of Sale(27.01.2020)
Supreme Court has observed that Section 32 of the Registration Act, 1908, does not require the presence of both parties to a deed of sale when the sam.....
Tags : Supreme Court, Registration of Sale Deed
AAAR: Pre-Sales Marketing Services by Indian Subsidiary to Foreign Parent Co is Intermediary Service(28.01.2020)
Appellant Authority for Advance Ruling (AAAR), Karnataka has ruled that Pre-sale and Marketing Services by Indian Subsidiary to Foreign Parent Company.....
Tags : Appellate Authority for Advance Rulings, Pre- Sale Marketing Service
SC: Registered Sale Deed Where Entire Consideration is Paid Would Operate from Date of Execution(04.01.2024)
Supreme Court while observing that as per Section 47 of Registration Act, a registered sale deed where entire consideration is paid would operate from.....
Tags : Supreme Court, Registration Act, Section 47, Sale Deed
Orissa High Court Permits Sale and Use of Only Green Crackers During Diwali(02.11.2021)
Orissa High Court has allowed the use and sale of only green crackers during the upcoming festivities pursuant to the prior directions of the Supreme .....
Tags : Orissa High Court, Sale and Use of Only Green Crackers
Karnataka HC: State To Make Corrections in Website to Enable Uploading of Sale Deeds(08.11.2021)
Karnataka High Court has directed the State government to make necessary changes/ corrections in the website to enable uploading of registered sale de.....
Tags : Karnataka High Court, Uploading of Sale Deeds
Madras High Court: Registration of Sale Deed Cannot Be Refused Summarily(10.04.2017)
Madras High Court has made it clear that registration authorities cannot simply refuse to register a sale deed merely on ground that it was objected t.....
Tags : Madras High Court, Sale Deed
Kerala HC Rejects Plea To Retain Authorised Wholesale Distributors In PDS(12.04.2017)
Kerala HC has rejected plea of Kerala Ration Wholesale Distributors Federation to retain Authorised Wholesale Distributors (AWD) and not to shut them .....
Tags : Kerala HC, Authorised Wholesale Distributors
Madras HC: Proceeds on Sale of Certified Emission Reduction Credit is Capital Receipt(10.03.2021)
Madras High Court has held that proceeds realized on sale of Certified Emission Reduction Credit, which had been earned on the Clean Development Mecha.....
Tags : Madras High Court, Proceeds on Sale of Certified Emission Reduction Credit
AAR, Telangana: No IGST Payable on Supply of Imported Goods on High Sea Sale Basis(04.01.2022)
Authority of Advance Ruling (AAR), Telangana has held that no integrated goods and services tax (IGST) payable on supply of imported goods on High Sea.....
Tags : Authority of Advance Ruling, Supply of Imported Goods on High Sea Sale basis
SC: Sale Deed Executed Without Payment of Price Is Void; Has No Legal Effect(23.11.2021)
Supreme Court has observed that the payment of price is an essential part of a sale. The Court has said that if a sale deed in respect of an immovable.....
Tags : Supreme Court, Sale Deed Executed Without Payment
Madras HC Extendes Permission Given for Online Sale of Medicine till March 20(30.01.2019)
Madras High Court has extended permission given for online sale of pharmaceuticals till the 20th of March.
Tags : Madras High Court, Online Sale of Medicine
Bombay HC Takes Suo Moto Cognizance of Illegal Sale of Nylon Threads in Festive Season(04.01.2021)
Bombay High Court has taken suo moto Public interest litigation cognizance on the illegal sale of nylon manjas on the festive seasons causing severe d.....
Tags : Bombay High Court, Illegal Sale of Nylon Threads
Bombay HC Bans Propagation for Sales of Item Claiming Miraculous or Supernatural Powers(06.01.2021)
Bombay High Court has held that the sale of items, claiming that they possess miraculous or supernatural powers via television advertisement is illega.....
Tags : Bombay High Court, Sale of Items
Kar. HC: Sufficient Bank Bal. Not Absolute Pre-requisite to Establish Readiness to Execute Agreement(24.01.2024)
Karnataka High Court has held that although it is relevant to consider the bank balance of a party while considering the matters of readiness and will.....
Tags : Karnataka High Court, Sale Agreement, Bank Balance
Sale of Client Relationship and Goodwill by CA Firm Constitute Capital Gain: ITAT(10.04.2019)
Income Tax Appellate Tribunal (ITAT), Delhi bench has held that sale of client relationship and goodwill by firm is capital asset under section 2(14),.....
Tags : ITAT, CA Firm, Sale of Client Relationship and Goodwill
ITAT, Kolkata Allows Long-Term Capital Loss from Sale of Government Securities(23.03.2021)
Income Tax Appellate Tribunal (ITAT), Kolkata has allowed the Long-Term Capital Loss arising from the sale of Government Securities after applying the.....
Tags : Income Tax Appellate Tribunal, Long-Term Capital Loss from Sale of Government Securities
Supreme Court Rejects Plea Seeking Extension of Deadline for Sale of BS-IV Vehicles(17.02.2020)
Supreme Court has rejected a plea seeking an extension of the 1st April, 2020 deadline by one more month to sell Bharat Stage-IV (BS-IV) norms complia.....
Tags : Supreme Court, Deadline for Sale of BS-IV Vehicles
CESTAT, New Delhi: Importer Not Obliged to Pay Any Amount on Advertisement and Sale Promotion(18.02.2020)
Custom, Excise, and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that the expenditure incurred on the activities of advertisement and s.....
Tags : Customs Excise and Service Tax Appellate Tribunal, Advertisement and Sale Promotion
Kar. HC: Can’t Accept Photostat Copy of Unregistered Sale Agreement as Secondary Evidence(19.03.2024)
Karnataka High Court has held that for a trial being held under Section 138 of the Negotiable Instruments Act, a photocopy of an unregistered sale agr.....
Tags : Karnataka High Court, Section 138 of NI Act, Unregistered Sale Agreement, Secondary Evidence
ITAT, Pune: No Income Tax Payable on Sale of Software Licence(09.02.2022)
Income Tax Appellate Tribunal (ITAT), Pune, has ruled that no Income Tax payable on Sale of Software Licence, support, maintenance as it is not Royalt.....
Tags : Income Tax Appellate Tribunal, Sale of Software Licence
Tripura High Court Bans Sale of Meat Products in Public Places/Streets(28.02.2022)
Tripura High Court has directed the State Government to ban the sale of meat products in public places and/or streets and to consider providing locati.....
Tags : Tripura High Court, Sale of Meat Products
ITAT, Mumbai: Sale of Transferable Development Rights Does Not Attract Capital Gains Tax(07.03.2022)
Income Tax Appellate Tribunal, Mumbai has ruled that sale of transferable development rights does not attract capital gains tax since the cost of acqu.....
Tags : Income Tax Appellate Tribunal, Sale of Transferable Development Rights
SC: Sale/Gift of Vehicle Shall Not be Invalidated on Mere Failure of Transfer Vehicle Registration(11.04.2024)
Supreme Court has observed that the sale/gift transaction will not get invalidated merely on the ground that there has been a failure to get a transfe.....
Tags : Supreme Court, Vehicle Registration, Gift Transaction, Sale Transaction
Kar. HC: Property Purchased in Auction Can’t be Denied Regi. on Grounds That IT Dues are Pending(30.05.2024)
Karnataka High Court has observed that registration of sale certificate issued to a property purchased in auction, cannot be refused on the ground tha.....
Tags : Karnataka High Court, IT Dues, Sale Certificate
Karnataka High Court Quashes Criminal Case Against Snapdeal for Sale of Drugs Without License(16.03.2022)
Karnataka High Court has quashed a criminal case registered under the Drugs and Cosmetics Act, 1940 against Snapdeal Private Limited and its directors.....
Tags : Karnataka High Court, Sale of Drugs Without License
HP HC: Sale Deed is Relevant Factor in Determining Compensation(14.03.2023)
Himachal Pradesh High Court has held that while determining value of the land, both acquisition of land award and the sale are relevant to determine t.....
Tags : Himachal Pradesh High Court, Compensation, Sale Deed
Bombay HC Allows Correction in Sale Deed After Thirty-Eight Years(16.03.2023)
Bombay High Court while observing that Court under Section 151 and 152 of CPC has power to rectify errors has allowed corrections to be made in a sale.....
Tags : Bombay High Court, Sale Deed, CPC
Madras HC Dismisses Plea for Total Prohibition of Manaufacture, Sale & Consumption of Alcohol(06.05.2020)
Madras High Court has refused to entertain Writ Petitions seeking absolute ban on manufacture, sale and consumption of alcohol in the State of Tamil N.....
Tags : Madras High Court, Manaufacture, Sale & Consumption of Alcohol
SC: Domicile Reservation Should Not Become ‘Wholesale Reservation’(01.05.2023)
Supreme Court has held that while reservation in favour of residents is permissible, yet reservation to extent of 75% of total seats makes it a wholes.....
Tags : Supreme Court, Wholesale Reservation, Domicile
Bombay High Court Stays Ban on Sale of Meat in Mumbai on September 17(14.09.2015)
Bombay High Court on petition challenging ban imposed in name of Jain community's 'Paryushan' fasting period, has stayed ban on sale of meat in Mumbai.....
Tags : Bombay High Court,Paryushan,Ban on Sale of Meat
ITAT, Pune: Income from Sale of Software License Not ‘Royalty’ Under Indo-US DTAA(17.06.2021)
Income Tax Appellate Tribunal (ITAT), Pune has held that the income from the sale of software license cannot be treated as “royalty” for the purpose o.....
Tags : Income Tax Appellate Tribunal, Income from Sale of Software License
Centre Notifies Standard House Purchase Agreement(03.11.2016)
Centre has notified a Standard House Purchase Agreement that builders all over India will have to sign with home buyers, which will result in automati.....
Tags : Standard House Purchase Agreement, Notification, sale agreement
GST: Retail Sale Price Declared on the Footwear Package is Inclusive of Goods and Service Tax(04.10.2017)
Central Government has clarified that Retail Sale Price declared on the Foot ware Package is inclusive of Goods and Services Tax (GST).
Tags : Goods and Services Tax, Retail Sale Price
Madras High Court Grants Interim Injunction Against Online Medicine Sale(01.11.2018)
Madras High Court has granted interim injunction restraining online sale of medicines till November 9 on a petition filed by the Tamil Nadu Chemists a.....
Tags : Madras High Court, Online Sale of Medicines
ITAT: Goodwill Acquired Under Slump Sale Agreement Eligible for Depreciation(04.07.2022)
Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that the depreciation is allowed on goodwill acquired under a slump sale agreement unde.....
Tags : ITAT, Depreciation, Slump Sale Agreement
Jh. HC: Unless Execution of Sale Deed is Proved, Exhibit on the Same Cannot be Marked(30.07.2024)
Jh. HC has observed that sale deed is private document though after registration in the office of Registrar it becomes public document. But unless and.....
Tags : Jharkhand High Court, Private Document, Sale Deed
ITAT, Pune: Exemption of Capital Gain u/s 54F not available for Purchase of Office Premises(11.04.2022)
Income Tax Appellate Tribunal, Pune has observed that the exemption of capital gain under section 54F of the Income Tax Act, 1961 is unavailable if th.....
Tags : Income Tax Appellate Tribunal, capital gain, section 54F of the Income Tax Act, 1961, sale consideration
ITAT, Bangalore: Agricultural Land Not Converted at Time of Sale Not Included as Capital Gain(11.04.2022)
Income Tax Appellate Tribunal, Bangalore has observed that since the agricultural land was not converted at the time of sale, the sale consideration s.....
Tags : Income Tax Appellate Tribunal, agricultural land, sale consideration, Income Tax Act, 1961, assessee
SC: Validity of Sale Deed Executed b/w co-defs. Can’t be Decided in Plaintiff’s Suit for Possession(08.05.2023)
Supreme Court has held that in plaintiff’s suit for possession, validity of sale deed executed between the defendants cannot be considered as it would.....
Tags : Supreme Court, Sale Deed, Validity, Co-Defendants
Delhi HC Directs Centre to Consider Plea as Representation on Sale of Unlicensed Products(11.08.2020)
Delhi High Court has directed the Union of India as well as the Indian Council of Medical Research to consider as representation a plea seeking formul.....
Tags : Delhi High Court, Sale of Unlicensed Products
Kerala HC: Sale Notice under SARFAESI Act Without a 15 Days Clear Notice to Defaulter is Bad in Law(24.05.2022)
Kerala High Court has ruled that the three methods of serving, affixing and publishing a notice of 15 days for subsequent sales, as provided under Rul.....
Tags : Kerala High Court, Sale Notice, SARFAESI, Mandatory
SC: Second Sale Deed Can’t be Executed Over Same Plot while First Sale Deed is Pending Registration(22.07.2024)
Supreme Court has held that another sale deed cannot be executed by a vendor if the first sale deed with regard to the same property is pending regist.....
Tags : Supreme Court, Sale Deed, Registration
Madras HC: No Registration of Sale Deed in Unauthorised Layouts(12.09.2016)
Madras HC, while seeking to prevent further development of unauthorised layouts and conversion of agricultural areas for non-agriculture use in an unp.....
Tags : Madras HC, Sale Deed
ITAT, Ahmedabad: Undisclosed Sale Consideration of Property Can Only Assessable as Capital Gain(02.05.2022)
Income Tax Appellate Tribunal, Ahmedabad has ruled that the undisclosed sale consideration of the property can be subjected to tax as capital gain und.....
Tags : Income Tax Appellate Tribunal, capital gain, section 48, Income Tax Act, 1961, Undisclosed sale consideration
SC: Contract Containing Condition of right to Repurchase in Sale Deed is Enforceable(05.07.2023)
Supreme Court has held that condition of right to repurchase in sale deed will not be personal to the vendor unless the terms in the documents specifi.....
Tags : Supreme Court, Sale Deed, Repurchase, Enforceable
Del. HC: Centre Directed to Act Against Illegal Online Sale of Hookahs Without Proper Warnings(21.08.2024)
Delhi High Court has directed the Centre to treat PIL seeking action against illegal online sale of hookahs without proper warning, as a representatio.....
Tags : Delhi High Court, PIL, Sale of Hookahs
SC: Auctioneer Can’t Refuse Sale Certificate if No Default on Part of Auction Purchaser(17.10.2024)
Supreme Court while dealing with the issue of cancellation of an auction purchase, has held that issuance of sale certificate cannot be refused by auc.....
Tags : Supreme Court, Auction Purchase, Sale Certificate
Kar HC: Rule 9(5) Has Mandatory Application if Auction Purchaser is Unable to Pay Sale Consideration(18.10.2024)
Kar. HC has held that Rule 9(5) of the Security Interest (Enforcement) Rules, 2002 providing for forfeiture of the earnest money has mandatory applica.....
Tags : Karnataka High Court, Earnest Money, Sale Consideration
All. HC: Suit Filed u/s 144 of UP-Revenue Code, 2006 Must Include Findings of Proceedings u/s 38(1)(11.11.2024)
Allahabad High Court has held that a suit filed on the basis of an oral sale deed under Section 144 of the UP-Revenue Code, 2006 must contain findings.....
Tags : Allahabad High Court, UP-Revenue Code, Oral Sale Deed
Del. HC: Heavy Reliance on Sale Deed to Establish Agricultural Character of Land Would Be Misplaced(11.11.2024)
Del. HC has held that sale deed primarily reflects transaction between parties and terms of sale, but it does not, in itself, verify the land's classi.....
Tags : Delhi High Court, Sale Deed, Agricultural Character
Rajasthan HC: No Sale of Flats Without Completion Certificate(14.12.2015)
Rajasthan High Court has ordered that no registration of flats in multi-storey buildings will be allowed in the state without issuance of completion c.....
Tags : Rajasthan High Court , Sale of Flats
Kerala HC Directs Necessary Steps to be Taken to Ensure Liquor Sold in Acceptable Manner(02.08.2021)
Kerala High Court has declared that necessary steps should be taken to make sure that liquor is sold in an acceptable manner by the State like all oth.....
Tags : Kerala High Court, Sale of Liquor
SC: Possessory Right of Prospective Purchaser Protected U/S 53A of TP Act(08.06.2023)
Supreme Court has held that even though sale agreement doesn’t confer proprietary rights in an immovable property but prospective purchaser having per.....
Tags : Supreme Court, Sale Agreement, Possessory Right, Prospective Purchaser