Title : Recovery by Suit or Under Other Law Not Affected
State : Central
Year : 1961
..... law or suit, notwithstanding, that the tax due is being recovered from the .....
View Complete Act List Judgments citing this sectionTitle : Relief to Company in Respect of Dividend Paid out of Past Taxed Profits
State : Central
Year : 1961
..... (2) the amount of income-tax to be given as credit under sub-section (1) shall be a sum equal to ten per ..... transferred to a reserve fund under section 17 of the banking companies act, 1949 (10 of 1949), and .....
View Complete Act List Judgments citing this sectionTitle : Correctness of Assessment Not to Be Questioned
State : Central
Year : 1961
..... relief on such claim except refund of tax wrongly paid or paid in excess. .....
View Complete Act List Judgments citing this sectionTitle : Removal, Concealment, Transfer or Delivery of Property to Thwart Tax Recovery
State : Central
Year : 1961
whoever fraudulently removes, conceals, transfers or delivers to any person, any property or any interest therein, intending thereby to prevent that property or interest therein from being taken in execution of a certificate under the provisions of the .....
View Complete Act List Judgments citing this sectionTitle : Losses of Firms
State : Central
Year : 1961
..... be allowed to be set-off against the income of the firm subject to the condition ..... be set-off against any other income of the firm and which had ..... to be carried forward for setoff under sections 70, 71, 72, 73, 74 and 74a .....
View Complete Act List Judgments citing this sectionTitle : Rebate of Income-tax in Case of Women Below Sixty-five Years [Omitted]
State : Central
Year : 1961
..... be entitled to a deduction from the amount of income-tax (as computed before allowing the deductions ..... prior to omission, section 88c, as inserted by the finance act, 2000, with effect from 1st ..... omitted by the finance act, 2005, with effect from 1st .....
View Complete Act List Judgments citing this sectionTitle : Tax on Income from Units of an Open-ended Equity Oriented Fund of the Unit Trust of India or of Mutual Funds
State : Central
Year : 1961
..... , the income-tax payable shall be the aggregate of (a) the amount of income-tax calculated on income from units ..... explanation : for the purposes of this section, the expressions mutual fund, open- ..... inserted by the finance act, 2002, with effect from 1st .....
View Complete Act List Judgments citing this sectionTitle : Benefit Under Chapter to Be Available in Certain Cases Even After the Assessee Becomes Resident
State : Central
Year : 1961
..... along with his return of income under section 139 for the assessment ..... sub-clause (iv) or sub-clause (v) of clause (f) of section 115c ; and if he does so, the provisions ..... resident in india in respect of the total income of any subsequent year, he may furnish .....
View Complete Act List Judgments citing this sectionTitle : Minimum Training Requirement for Tonnage Tax Company
State : Central
Year : 1961
..... with the return of income under section 139 to the effect ..... tax company, after its option has been approved under subsection (3) of section ..... the company for tonnage tax scheme shall cease to have ..... (2) the tonnage tax company shall be required to furnish .....
View Complete Act List Judgments citing this sectionTitle : Payment of Fringe Benefit Tax
State : Central
Year : 1961
..... provisions of section 115wj, in respect of the fringe benefits which would be chargeable to tax for ..... is to be made in a later assessment year, the tax on such fringe benefits shall be payable .....
View Complete Act List Judgments citing this section