Articles for Section 71

Prior sanction a must in PMLA cases against officials, says SC
1 month, 2 weeks ago

Prior sanction a must in PMLA cases against officials, says SC

Hindustan Times  

The Supreme Court on Wednesday ruled that prior sanction is mandatory to prosecute public servants in money laundering cases, establishing a key procedural safeguard under the stringent Prevention of Money Laundering Act and adding a layer of accountability to PMLA prosecutions involving public servants. The decision, rendered by a bench of justices Abhay S Oka and AG Masih, reinforced the …

Court Cases Public Servants Public Provision Servants Pmla
Delhi HC Upholds Constitutional Validity Of Section 71(3A) Income Tax Act; Dismisses Petition Challenging Rs. 2 Lakh Cap On House Property Income Set-Off
6 months, 2 weeks ago

Delhi HC Upholds Constitutional Validity Of Section 71(3A) Income Tax Act; Dismisses Petition Challenging Rs. 2 Lakh Cap On House Property Income Set-Off

Live Law  

The Delhi High Court dismissed a writ petition challenging the constitutional validity of Section 31 of the Finance Act, 2017. Since the house was constructed using borrowed capital, under Section 24 of the Income Tax Act, the interest payable on such capital was eligible for deduction from the head “Income from house property.” The income chargeable under this head was …

Constitution Court Income Tax Act Income Case Right House
Customs Act | S. 71 Inapplicable If Imported Goods Were Stocked Outside Notified Public Bonded Warehouse With Permission : Supreme Court
8 months, 4 weeks ago

Customs Act | S. 71 Inapplicable If Imported Goods Were Stocked Outside Notified Public Bonded Warehouse With Permission : Supreme Court

Live Law  

The Supreme Court has held that Section 71 of the Customs Act, 1962 would be inapplicable to cases where imported goods were stocked outside the notified public bonded warehouse with the permission of the concerned officer. The Appellant, with the permission of Superintendent of Customs and Central Excise, partially stocked 264 cases of the imported goods outside the bonded warehouse …

Court Customs Cases Customs Act Public Goods Permission
RERA Act | Under Section 71(1), The Adjudicating Authority Can Decide The Compensation Alone. : Chhattisgarh High Court
2 years, 7 months ago

RERA Act | Under Section 71(1), The Adjudicating Authority Can Decide The Compensation Alone. : Chhattisgarh High Court

Live Law  

The Chhattisgarh High Court recently held that under Section 71 of the Real Estate Act, 2016, the adjudicating authority can decide the compensation alone. The Appellate Tribunal of RERA was not available in Chhattisgarh, as was required under the RERA Act, 2016, to be established within one year. The Court remarked that prima facie, therefore conformant of power on STAT …

Development Court Power Order Case Tribunal State
RERA - Regulatory Authority Has Exclusive Jurisdiction To Direct Refund To Allottee; Adjudicating Officer Has Power To Determine Compensation : Supreme Court
3 years, 1 month ago

RERA - Regulatory Authority Has Exclusive Jurisdiction To Direct Refund To Allottee; Adjudicating Officer Has Power To Determine Compensation : Supreme Court

Live Law  

The Supreme Court in its judgment delivered on Thursday had, inter alia, held that the regulatory authority has exclusive jurisdiction to direct refund of the amount, and interest on the refund amount, or directing payment of interest for delayed delivery of possession, or penalty and interest thereon, to the allottee; whereas the adjudication for determining compensation and interest thereon is …

Court Power Promoters Interest Direct Act Refund
Section 71 Of Registration Act -Reasons For Refusal To Register A Property To Be Recorded: Kerala High Court
3 years, 4 months ago

Section 71 Of Registration Act -Reasons For Refusal To Register A Property To Be Recorded: Kerala High Court

Live Law  

The Kerala High Court earlier this week ruled that the petitioner cannot be asked to pay a fine for delayed presentation of a document under the Registration Act if such delay was caused due to the wrongs committed by Sub Registrar. Justice Raja Vijayaraghavan V while allowing the petition also held that reasons for refusal to register a deed under …

Property Court Registrar Registration Fine Kerala High Court Sub Registrar