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Kottar Elankadai Musliem Samudhaya Trust Represented by the President, ...

Court : Chennai Madurai

Subject : Land Acquisition

100, order 41 Rule 31 Tamil Nadu District Municipalities Act, 1920 Tamil Nadu Building (Lease and Rent Control) Act, 1960 Section 4 Levy of Taxes Assessment Appellant-Plaintiff was a Trust and filed the suit for declaration that assessment of property … special notice as required to be issued under proviso to Rule 9 of Schedule IV of Taxation and Finance Rules framed under the Tamil Nadu District Municipalities Act, 1920? 2. Whether the revision of assessment of property

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 … any time, suo motu, revise the extent of plantation held by an assessee after hearing him. Under Section 4(2), every assessee who, on the first day of the financial year holds two hectares or more of the

Bachhraj Factories Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (1996)56ITD225(Mum.)

or profession.6. The assessee is a limited company. The companies were earlier exempted by Section 13 of the Finance Act, 1960 from the levy of wealth-tax and thus there was no wealth-tax chargeable in respect of a company prior … assessee on the valuation date other than those specified in items (i), (ii) and (iii) of that section. Section 4 includes certain assets in the net wealth while Section 5 provides for exemption in respect of specified assets

West Coast Paper Mills Ltd. Vs. Commissioner of Income-tax Bombay

Court : Mumbai

Subject : Direct Taxation

Acts : Incom Tax Act, 1961 - Sections 194; of Finance Act, 1959 - Sections 18(3D) and (3E), 18(7) and 19(4)

Reported in : [1968]67ITR640(Bom)

order : 'Whether in view of section 19 (4) of the Finance Act, 1959 (as amended by the Finance Act, 1960), there was any obligation to deduct tax under sections 18 (3D) and (3E) from the dividends declared on

Bhawanidas Binani Vs. Commissioner of Wealth-tax

Court : Mumbai

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 2; Finance Act, 1965 - Sections 68; Income Tax Act, 1961

Reported in : [1980]124ITR783(Bom)

and in the circumstances of the case, any part of the tax paid under Section 68 of the Finance Act, 1965, was a ' debt owed ' on the relevant valuation dates within the meaning of Section 2(m) … remains what it was under the I.T. Act, i.e., Section 3 of the Indian I.T. Act, 1922, or Section 4 of the I.T. Act, 1961. According to this submission, the income-tax liability of the assessee was assessed and … 14,75,342 11,21,072 8,48,782 8,41,686 1959-60 2014 11-11-1958 14,89,596 14,58,246 11,21,60 8,49,070 8,41,232 1960-61 2015 31-10-1959 15,03,404 14,69,947 11,32,092 8,56,940 8,39,071 1961-62 2016 20-10-1960 15,58,933 14,86,992

Commissioner of Wealth-tax Vs. B.K. Sharma

Court : Allahabad

Subject : Direct Taxation

Acts : Finance Act, 1965 - Sections 68; Income Tax Act, 1961 - Sections 4; Wealth Tax Act, 1957 - Sections 2 and 3

Reported in : [1977]110ITR902(All)

law. The question in short is whether the tax levied upon a person under Section 68 of the Finance Act, 1965, is a legitimate deduction in the computation of his net wealth upon which tax is to be … assessment of concealed income and the rate of tax. The income so declared was chargeable to income-tax under Section 4 of the Income-tax Act, 1961, which is the charging section. In other words, the assessee was liable for … of years in the past. In the wealth-tax returns for the years 1960-61 and 1961-62, he included in his net wealth a sum of Rs.

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 … of heirs made by persons who in regard to such alienation or appointment were governed by custom. Whereas Section 4 declared that Hindu Succession Act was not to affect any right to contest any alienation or appointment of

The State of Kerala Vs. A.B. Abdul Kadir and ors.

Court : Supreme Court of India

Subject : Constitution

Acts : Constitution of India - Articles 301 and 304; Cochin Tobacco Act, 1084 - Sections 4; Finance Act, 1960; Provisions of the Luxury Tax on Tobacco(Validation Act), 1964; Central Excises Act, 1944

Reported in : AIR1970SC1912; (1969)2SCC363; [1970]1SCR700

after the Constitution came into force the State of Travancore-Cochin became a Part B State and by the Finance Act, 1960 the Central Excise and Salt Act 1 of 1944 was extended to the Travancore-Cochin State. Section 13(2) of … In the year 1909, Cochin Tobacco Act 7 of 1084 (M.E.) was enacted by the Maharaja of Cochin. Section 4 of that Act prohibited the transport, import of export, sale and cultivation of tobacco except as permitted by

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 … was entitled to a deduction on account of development rebate of Rs. 13,239/- for the assessment year 1961-62 4. So far as the first question is concerned, we need not discuss the matter elaborate-ly as it is

The Commissioner of Income Tax, Bombay Vs. West Coast Paper Mills Ltd.

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Finance Act, 1959 - Sections 9, 19(2), 19(3) and 19(4); Company Act

Reported in : AIR1971SC2406; [1971]82ITR607(SC); (1972)4SCC382; [1972]1SCR780

under certain circumstances by Section 19(4) of Act 12 of 1959. That provision as amended retrospectively by the Finance Act, 1960 was in the following terms:Notwithstanding anything contained in Sub-section (2) or Sub-section (3), in relation to dividend declared