Supreme Court clarifies liability for compensation in land acquisition: Ultra-Tech Cement vs. Mast Ram (2024) LEGAL ISSUE: Determining which entity is liable to pay compensation for land acquired under the Land Acquisition Act, 1894, when a business transfer has occurred. CASE TYPE: Land Acquisition, Corporate Law Case Name: M/s. Ultra-Tech Cement Ltd. vs. Mast Ram […]
Supreme Court Upholds DDA’s Right to Unearned Increase in Property Transfer After Company Amalgamation LEGAL ISSUE: Whether the amalgamation of companies results in a ‘transfer’ of leased property, thereby triggering the Delhi Development Authority’s (DDA) right to claim an unearned increase in the value of the property. CASE TYPE: Civil Law, Property Law Case Name:
Supreme Court Clarifies Assessment of Amalgamated Companies: PCIT vs. Mahagun Realtors (2022) LEGAL ISSUE: Whether an assessment order in the name of an amalgamating company is valid after the company has ceased to exist due to amalgamation. CASE TYPE: Income Tax Law Case Name: Principal Commissioner of Income Tax (Central) – 2 vs. M/s. Mahagun
Supreme Court on Assessment Order in the Name of Non-Existent Company: PCIT vs. Maruti Suzuki (2019) LEGAL ISSUE: Whether an assessment order issued in the name of an amalgamated company, which ceased to exist, is valid under the Income Tax Act, 1961. CASE TYPE: Income Tax Law Case Name: Pr. Commissioner of Income Tax, New
