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The Commissioner of Income-tax, M.P., Nagpur and Bhandara Vs. Parmanan ...

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Finance Act, 1960 - Sections 2(6); Income Tax Act, 1922 - Sections 2(6AA), 14(2) and 16(1)

Reported in : AIR1978MP80; [1979]119ITR219(MP); 1978MPLJ355

in the case of each partner by including the special surcharge of Rs 32,400 in accordance with the Finance Act, 1960 (Act No. 13 of 1960). On behalf of the assessee it had been contended that the exemption granted … 1960). On behalf of the assessee it had been contended that the exemption granted to a partner under Section 14 (2) (aa) of the Income-tax Act, 1922, could not be treated as unearned income, the same being earned

Commissioner of Income-tax Vs. Mahasamund Kissan Co-operative Rice Mil ...

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 14(3); Income Tax Act, 1961 - Sections 81; Finance Act, 1960

Reported in : [1976]103ITR499(MP)

not taxable under Section 14(3) of the Income-tax Act, as it stood prior to its amendment by the Finance Act, 1960, which came into force with effect from April 1, 1960. It was contended that the amended section would

State of Kerala Vs. Alex George and anr. Etc.

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Kerala Finance Act, 1987 - Sections 1(2) and 3(2); Kerala Plantations Tax Act, 1960 - Sections 2(9), 3, 3(1), 3(3), 4(2), 5, 6A, 8, 9, 9A, 13, 14 and 27; State Finance Act, 1987; Kerala Plantations (Additional Tax) Rules, 1960 - Rule 16; Kerala Plantations (Additional Tax) Amendment Act, 1967; Kerala General Sales Tax Act, 1963; Kerala Motor Vehicles Taxation Act, 1976; Central Excise Act, 1944

Reported in : (2004)192CTR(SC)581; [2004]271ITR290(SC); JT2004(10)SC104; 2005(1)KLT164(SC); 2004(9)SCALE545; (2005)1SCC299

dated 28.8.1998 raises the question as to the true scope and operation of Section 1(2) of the Kerala Finance Act, 18 of 1987 substituting Schedule-I to the Kerala Plantations Tax Act 1960 w.e.f. 1.7.1987.2. Since the aforestated question … appeal against the order of assessment. Section 9A provides for reference to the District Court. Sections 13 & 14 deal with recovery. Schedule-I refers to the rates of tax Prior to 1.4.1987, it read as under:RATES OF

Commissioner of Income-tax, Delhi and Rajasthan Vs. Mazdoor Kisan Sahk ...

Court : Rajasthan

Subject : Direct Taxation

Acts : Income-tax Act, 1922 - Sections 10(2) and 14(3); Income-tax (Amendment) Act, 1960

Reported in : AIR1970Raj252; [1970]75ITR253(Raj); 1969()WLN365

of the assessee became taxable by the amendment of Section 14 (3) of the Act made by the Finance Act, 1960 and this amendment could not take away the vested right of the assessee exempting its business income from

National Agricultural Cooperative Marketing Federation of India Vs. Un ...

Court : Delhi

Subject : Direct Taxation

Acts : Constitution of India - Articles 14, 19(1), 226, 245 and 246; Income Tax (2nd Amendment) Act, 1998; Income Tax (Amendment), 1999 - Sections 80P(2); Multi State Cooperative Societies Act, 1984; Indian Income Tax Act, 1922; Finance Act, 1955 - Sections 14; Cooperative Societies Act, 1912; Income Tax Act, 1961 - Sections 81; Finance (No. 2) Act, 1967

Reported in : (2001)167CTR(Del)380; 2001(58)DRJ641

issued by the Governor General in Council as per power conferred on him under the Act itself. The Finance Act, 1955 amended the 1922 Act by way of insertion of sub-section (3) into section 14. The provision read … in respect of all profits and gains of business. The exemption provision was very wide. The Finance Bill 1960 made further amendments to section 14(3) which read as under:- '14(3). The tax shall not be payable by

The Budhewal Co-operative Sugar Mills Ltd. Vs. Commissioner of Income ...

Court : Punjab and Haryana

Subject : Direct Taxation

Reported in : (2009)225CTR(P& H)261; (2009)156PLR215

inserted thereto and the exemption provision was made very wide. Amendments were made to the aforesaid provision by Finance Act, 1960. The amendment curtailed the general exemptions which were enjoyed by co-operative societies till then and, therefore, exemption was … 60 of that Act itself. The 1922 Act was amended by Finance Act, 1955 whereby Sub-section (3) to Section 14 was inserted thereto and the exemption provision was made very wide. Amendments were made to the aforesaid provision

Prem Cables Pvt. Ltd. Vs. Assistant Collector (Principal Appraiser) Cu ...

Court : Rajasthan

Subject : ExciseCustoms

Acts : Indian Tariff Act, 1936 - Sections 2, 2A, 2A(1) and 2A(2); Customs Act, 1962 - Sections 2, 12(1), 25, 25(1), 27, 27(1), 128 and 131; Finance Act, 1965 - Sections 26(1), 76(1) and 77; Constitution of India (Fifteenth Amendment) Act, 1963 - Sections 8; Sea Customs Act - Sections 23; Finance Act, 1964 - Sections 57(1); Central Excise Act, 1944; Finance Act, 1960; Indian Tariff Act, 1934; Central Excise (Conversion to Metric Units) Act, 1968; Finance Act, 1969; Evidence Act - Sections 106; Limitation Act, 1963 - Sections 17(1); Limitation Act, 1908 - Schedule - Articles 24, 62 and 96; Constitution of India - Articles 19, 32, 136, 226 and 226(1A); Contract Act - Sections 72; Orissa Sales Tax Act - Sections 4, 14 and 19; Uttar Pradesh Sales Tax Act; Code of Civil Procedure (CPC) - Sectio

Reported in : 1981(8)ELT440(Raj); 1978(11)WLN481

Excises and Salt Act, 1944 (hereinafter to be referred to as 'the Excise Act') as amened by the Finance Act, 1960 contained item No. 33. Item No. 33(a) mentioned aluminium in any form including ingots, bars, blocks, slabs, billets, … S.C. 1320, an application was filed before the Orissa Sales High Court amongst others declaring the provisions of Section 14 of the Orissa Sales Tax Act as ultra vires and for quashing the assessment made by the authorities

Ram Kanai Jamini Ranjan Pal Pvt. Ltd. Vs. Member, Board of Revenue, W. ...

Court : Supreme Court of India

Subject : Other Taxes

Acts : Code of Civil Procedure (CPC) - Sections 115

Reported in : AIR1976SC1545; (1976)3SCC369; [1976]SuppSCR110; [1976]38STC1(SC)

scope and extent of the revisional power of the Commissioner, Commercial Taxes, under Section 20(3) of 'the Bengal Finance (Sales Tax) Act, 1941 (Act VI of 1941) (hereinafter referred to as the Act'), and shall be disposed … Before the filing of the said revision petition, the Commercial Tax Officer, Central Section, to whom power under Section 14(1) of the Act has been duly delegated started an enquiry on January 20, 1960 and served on the

Commissioner of Income-tax Vs. Coral Mills Workers Co-operative Stores ...

Court : Chennai

Subject : Direct Taxation

Acts : Indian Income Tax Act, 1922 - Sections 14(3); Income Tax Act, 1961 - Sections 81 and 147; Co-operative Societies Act

Reported in : [1977]106ITR868(Mad)

the assessment year 1960-61, the Income-tax Officer applied Section 14(3)(i) of the old Act as amended by the Finance Act, 1960, and in respect of 1962-63, Section 81(i) of the new Act. The argument of the learned counsel for

Commissioner of Income-tax, Gujarat Ii Vs. Broach District Co-operativ ...

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 81

Reported in : [1974]97ITR575(Guj)

which we are concerned in this reference was added to section 14 (3) of the 1922 Act by Finance Act, 1960, whereas the Allahabad High Court in U. P. Co-operative Bank Ltd. v. Commissioner of Income-tax was concerned with