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Sri Parimal and anr. Vs. State and ors.

Court : Patna

Subject : Civil

30.11.1994 on payment of 5.5 lacs. According to the petitioners, in view of the provisions of the Bihar Finance Act, 1981 (Part II) (In short 'the Finance Act'), they had obtained permission of the Sales Tax Department for … of any violation of the provisions of the Finance Act, the Commercial Taxes authorities were duly empowered under Section 77(a) of the Finance Act to take a suitable action. But, the District Magistrate had no jurisdiction to … have wrongly taken shelter under the provisions prescribed under Sections 196 to 201 of the Patna Municipal Corporation Act, 1951 (hereinafter referred to as the

Balkrishna Binani Vs. Commissioner of Income Tax

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(45), 3 and 4; Wealth Tax Act, 1957 - Sections 2

Reported in : (1979)9CTR(Bom)62; [1980]121ITR442(Bom)

facts and in the circumstances of the case any part of the tax paid u/s 68 of the Finance Act, 1965, was a 'debt owed' on the relevant valuation dates within the meaning of s. 2(m) of the Wealth-tax … no such liability for payment of tax on the concerned valuation dates as the liability under the charging section of the Income-tax Acts could only be attracted if the income disclosed could be said to have formed … For the assessment year 1963-64 for which the previous year was S.Y. 2018 (ending of 28th October 1962), the assessee had filed a return of

M/s. Bharti Airtel Ltd. Vs. The Commissioner of Central Excise

Court : Mumbai

Subject : Service Tax

amount of Rs.2,04,39,093/- under provisions of Rule 14 of the Credit Rules read with Section 73 of the Finance Act,1994. In respect of towers and parts thereof, prefabricated building, printers and office chairs, the Commissioner observed that the … (e) M/s. J.K. Cotton Spinning and Weaving Mills Co. Ltd. Vs. Sales Tax Officer, Kanpur and Anr., (AIR 1965 SC 1310); (f) CCE Vs. Jay Engineering Works Ltd., (1989(39) ELT 169 (S.C.) (g) Indus Towers Ltd. Vs. … to Cenvat credit on account of capital goods for the period October, 2004 to September, 2005, it was observed that the credit availed by the

Jeewanlal (1929) Ltd. Vs. Commissioner of Income-tax (Central) and ors ...

Court : Kolkata

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 251 and 263; ;Finance Act, 1965 and 1966

Reported in : [1977]106ITR33(Cal)

business consists of manufacture of aluminium articles as detailed in Part III of the First Schedule to the Finance Act, 1965. Accordingly, the petitioner claims that the petitioner is entitled to necessary rebate as contemplated by Paragraph F(1)(b)(ii)(a) of … under article 226 of the Constitution the petitioner has challenged the notice dated 4th November, 1974, issued under Section 263 of the Income-tax Act, 1961. The petitioner is a public limited company engaged in the business of

State of Karnataka and ors. Vs. Thirumala Distilleries

Court : Karnataka

Subject : Excise

Acts : Karnataka Excise Act, 1965 - Sections 16(3), 22, 23, 36 and 45; Karnataka Excise (Distillery and Warehouse) Rules, 1967 - Rules 24, 25, 26 and 34; Karnataka Excise (Excise Duties and Fees) Rules, 1968 - Rule 2; Evidence Act, 1872 - Sections 3, 4, 17 and 114; Constitution of India

Reported in : 2004(6)KarLJ194

99, replacing earlier legislation). Further it was pointed out that the capital gains tax legislation (starting with the Finance Act, 1965) does not contain any provision corresponding to Section 460. The intention should be deduced, therefore, it was said, … in the distillery of the respondent herein to be in-charge to supervise the activities of the distillery. Rule 20 of the Rules provides that such officer shall exercise direct supervision of the distillery. For the working of

The Commissioner of Income Tax and Another Vs. V.S. Dempo and Co. Pvt. ...

Court : Mumbai

Subject : Direct Taxation

w.e.f. 1-4-1989. Earlier, it was amended by the Finance Act, 1963, w.e.f. 1-4-1963, Finance Act, 1964, w.e.f. 1-4-1964, Finance Act, 1965, w.e.f. 1-4-1965, Finance Act, 1968, w.e.f. 1-4-1969, Finance (No. 2) Act, 1971, w.e.f. 1-4-1972, Finance Act, 1984, w.e.f. … of law for opinion of a larger bench. Q. Whether, while dealing with the allowability of expenditure under section 40(a)(i) of the Income Tax Act, 1961, the status of a person making the expenditure has to be … S.C. Dharmadhikari, J. 1. On 8th September, 2015, a Division Bench of this Court hearing Income Tax Appeal No. 989

Tomlinson (inspector of Taxes) Vs. Glyns Executor and Trustee Co. and ...

Court : Kolkata

Subject : Direct Taxation

Reported in : [1969]74ITR798(Cal)

: what is the rate of the capital gains tax which is chargeable on that capital gain The Finance Act, 1965, draws a distinction between corporations and trustees, on the one hand, and ordinary individuals on the other hand. … hand. Corporations and trustees have to pay the full rate of 30 per cent. on the gain (see section 20 (3)) : whereas ordinary individuals have an option given to them. An ordinary individual can select either to

The Madras University Staff Association. Vs. State of Tamil Nadu, and ...

Court : Chennai

Subject : Constitution

Acts : Constitution Of India - Articles 162, 32, 166(3), 162, 309; The Madras University Act,1923 - Sections 19, 19(g)

University has adopted the revision to its employees on scale to scale basis as was ordered in G.O.Ms.No.234, Finance (Pay Cell) Department, dated 01.06.2009.5. Learned Senior Counsel for the petitioner in W.P.No.49 of 2007 would contend that … the similar provision in case of other Universities involved in these Writ Petitions but by different sections viz., Section 20 (7) for Madurai Kamarajar University Act,1965; Sections 25 (27) (a) and (b) and 44 for Bharathiar University Act,1981;

Gwalior Rayon Silk Manufacturing (Weaving) Co. Ltd. Vs. Commissioner o ...

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 32 and 34; Finance Act, 1964 - Sections 2(5)

Reported in : [1988]173ITR126(MP)

the second proviso to the relevant paragraph of Part II/Part I of the First Schedule to the relevant Finance Act. The Income-tax Officer disallowed salary paid to Smt. Mandelia, Smt. Buch and Smt. Perry and further disallowed deduction … referred the following questions of law to this court for its opinion :' For assessment years 1964-65 and 1965-66 : At the instance of the assessee : '(1) Whether, on the facts and in the circumstances of … G.G. Sohani, J.1. By this reference under Section 256(1) of the Income-tax Act, 1961 (hereinafter referred to as 'the Act'),

Commissioner of Wealth-tax Vs. Girdhari Lal

Court : Delhi

Subject : Direct Taxation

Acts : Finance Act, 1965 - Sections 68, 68(1) and 68(3); Wealth Tax Act, 1957 - Sections 2; Income Tax Act, 1961; Income Tax Act, 1922

Reported in : [1975]99ITR79(Delhi)

assessed of the income-tax paid by the firm on the amounts disclosed voluntarily under Section 68 of the Finance Act, 1965, is a debt under Section 2(m) of the Wealth-tax Act, 1957, on the dates of valuation for the … the prescribed form. The disclosure relates to undisclosed income and cash credits entered in our books from Samvat 2015-16 dated November 10, 1958 (sic) amounting to Rs. 9,48,858 paise 95 (Rs. Nine lakhs, forty-eight thousand eight hundred