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Britannia Industries Ltd. Vs. Commissioner of Income Tax, West Bengal, ...

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 28, 30 to 36, 37, 37(1), 37(3), 37(4), 37(5) and 80B; Finance Act, 1964 - Sections 37(3); Finance Act, 1970; Finance Act, 1997; Finance Act, 1983 - Sections 37

Reported in : AIR2005SC4333; (2005)198CTR(SC)313; [2005]278ITR546(SC); JT2005(12)SC98; 2005(8)SCALE148; (2006)1SCC646

book in 1964 and underwent several other changes thereafter. Sub-section (3) of Section 37 was inserted by the Finance Act 1964 with effect from 1st April, 1964 and was, thereafter, omitted by the Finance Act 1997 with effect from … the instant case is with regard to disallowance of a sum of Rs. 31,38,017/- for the Assessment Year 1994-1995, which sum was claimed by the assessee as expenses towards rent, repairs, depreciation and maintenance of a guest

Commissioner of Income-tax Vs. K. Ahamed

Court : Kerala

Subject : Direct Taxation

Acts : Finance Act, 1964; Income Tax Act, 1961 - Sections 271(1)

Reported in : [1974]95ITR599(Ker)

of the Income-tax Act, 1961, is not applicable to this case ?'8. By the amendments introduced by the Finance Act, 1964, the word 'deliberately' has been omitted from Clause (c) of Sub-section (1) of Section 271 and an Explanation

Commissioner of Income-tax Vs. Harlal Mannulal

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 271(1); Finance Act, 1964

Reported in : [1989]178ITR284(MP)

consider the import of the amendment made in Section 271 with effect from April 1, 1964, by the Finance Act, 1964, and, consequently, the conclusion reached by the Tribunal was not correct. According to learned counsel for the Department,

Commissioner of Income-tax Vs. Kerala Financial Corporation

Court : Kerala

Subject : Direct Taxation

Acts : Finance Act, 1964 - Sections 2(1); Income Tax Act, 1961 - Sections 4, 95 and 96; State Financial Corporations Act, 1951 - Sections 6 and 43

Reported in : [1972]84ITR30(Ker)

Clause (i)(a) of the first proviso to Paragraph D of Part II of the First Schedule to the Finance Act, 1964. Section 43 and its first proviso are in these terms : 'For the purposes of the Indian Income-tax Act, … Krishnamoorthy Iyer, J.1. This is a reference under Section 256(1) of the Income-tax Act, 1961, by the Income-tax Appellate Tribunal, Cochin Bench, at the instance of the Commissioner of Income-tax, Kerala. The question

Pentakota Surya Appa Rao and ors. Vs. Pentakota Seethayamma and ors.

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 54; Income Tax Act, 1961 - Sections 137 and 138; Evidence Act, 1872 - 74(1); Finance Act, 1964; General Clauses Act - Sections 6

Reported in : [1976]103ITR222(AP)

departure was made by : Parliament from the provisions of Sections 137 and 138. By and under the Finance Act, 1964, Section 137 was omitted and Section 138 was substituted by a new section. The newly recast Section 138 is … revision petition is directed against an order of the court of the Subordinate Judge, Visakhapatnam, in O.S. No. 146/68, holding that certain income-tax returns and assessment orders produced by the income-tax department and sought by the plaintiffs

Hari Krishna Bhargav Vs. Union of India (Uoi) and anr.

Court : Supreme Court of India

Subject : Constitution

Acts : Indian Income-tax Act, 1961 - Sections 2; Constitution of India - Articles 14, 246, 292, 293 and 366(4); Finance Act, 1964 - Sections 3(1), 44, 280, 280-A, 280-E, 280-O, 280-X, 280-X(1) and 280-X(2); Provincial Act; Compulsory Deposit Scheme Act, 1963

Reported in : AIR1966SC619; [1966]59ITR243(SC); [1966]2SCR22

Constitution of India, Sections 3 (1), 44, 280, 280-A, 280-E, 280-O, 280-X, 280-X (1) and 280-X (2) of Finance Act, 1964, Provincial Act and Compulsory Deposit Scheme Act, 1963 - petitioner a trader ordered by Income-tax Officer to pay … the Second Schedule.' 3. By s. 44 of the Finance Act, Ch. XXII-A relating to annuity deposit containing Sections 280-A to 280-X was introduced into the Income-tax Act. By that chapter taxpayers of certain categories are required

Commissioner of Income-tax Vs. Madras Motor and General Insurance Co. ...

Court : Chennai

Subject : Direct Taxation

Acts : Finance Act, 1963; Income Tax Act, 1961 - Sections 99(1); Finance Act, 1968 - Sections 31(3); Companies (Profits) Surtax Act, 1964 - Schedule - Rule 1

Reported in : [1975]99ITR243(Mad)

be exempted from levy of Corporation tax by virtue of the provisions of Section 99(1)(iv) read with the Finance Act, 1964, Paragraph D, Part II. For the same reasons given for the assessment year 1963-64, the Income-tax Officer held

Addl. Commissioner of Income-tax Delhi-i Vs. Delhi Cloth and General M ...

Court : Delhi

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 10, 17, 35(2), 36, 37, 37(2A), 40, 40(C) and 256(1); Finance Act, 1964

Reported in : [1983]144ITR275(Delhi)

was right in law in holding that the provision of section 40(c)(iii) as it stood amended by the Finance Act, 1964, were applicable in the instant case and the sum of Rs. 64,678 disallowed by the Income-tax Officer on … S.S. Chadha, J.1. In this reference under s. 256(1) of the I. T. Act, 1961, the following questions of law have been referred to this court for its opinion. ' (i) Whether, the

Hajee K. Assainar Vs. Commissioner of Income-tax, KeralA.

Court : Kerala

Subject : Direct Taxation

Reported in : [1971]81ITR423(Ker)

the provisions of section 271(1)(c) of the Act as they stand after the amendments effected therein by the Finance Act, 1964. By the said amendment the word 'deliberately', which originally occurred in clause (c) of sub-section (1), was omitted

Additional Commissioner of Income-tax Vs. Abhai Maligai

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80G(2) and 88(6)

Reported in : [1978]113ITR737(Mad)

271(1) of the Act by virtue of an amendment of that section effected by Section 40 of the Finance Act, 1964. It is expressly statedin Section 1(2) of the Finance Act, 1964, that Sections 3 to 55 thereof shall