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Commissioner of Income-tax, Gujarat I Vs. Ahmedabad Manufacturing and ...

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 30, 34, 37, 40, 147 and 148; Finance Act, 1965

Reported in : [1977]106ITR159(Guj)

purpose of taxation. He further held that rebate under clause 1(b)(ii) of Paragraph F of Schedule I of Finance Act, 1965, had been wrongly allowed at the rate of 35 per cent. in the original assessment order but on … taxes which also included the education cess. It was considered that this would be an allowable deduction under section 30 of the Act of 1961. The knowledge that education cess was a State levy was not apparent to

Commissioner of Income-tax Vs. C.W.S. (India) Ltd.

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 30 to 43D and 80HHC; Income Tax Rules, 1962 - Rule 8; Finance Act, 1965

Reported in : (2000)158CTR(Ker)529; [2000]246ITR278(Ker)

made in computing the total income). It is to be noted that Chapter VI-A was inserted by the Finance Act, 1965, with effect from April 1, 1965. Section 80HHC is a part of Chapter VI-A. We do not find … the Revenue that only deductions contained in Chapter IV of the Act, more particularly those contained in Sections 30 to 43D are to be reckoned for purpose of computation. Deduction from income for the purpose of computing

Rambhai Jethabhai Patel Vs. Commissioner of Income-tax, Gujarat-i

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(30), 2(46), 6(6), 24(7), 113, 113(1), 113(3), 113(4), 113(5), 143, 146, 147, 155, 155(1) and 263; Finance Act, 1965

Reported in : [1977]108ITR771(Guj)

enacted, section 113 took the place of section 17, sub-section (1), of the Act of 1922. By the Finance Act, 1965, section 113 was deleted from the Act with effect from April 1, 1965, and section 2, sub-section (46), of … in case of non-residents and persons not ordinarily resident. It may be pointed out that under section 2, sub-section (30), of the Act of 1961, 'non-resident' means a person who is not a 'resident', and includes a person

Bazaloni Group Ltd. Vs. Commissioner of Income-tax

Court : Guwahati

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 30 to 43D and 80HHC; Income Tax Rules, 1962 - Rule 8; Finance Act, 1965; Assam Agricultural Income Tax Rules, 1939 - Rule 5

income) of the Income-tax Act, 1961. It is to be noted that Chapter VI-A was inserted by the Finance Act, 1965, with effect from April 1, 1965. Deduction from income for the purpose of computing taxability of income has … per cent under Rule 8 of the Income-tax Act.8. Thereafter, the Assam Agricultural Income-tax Officer issued notice under Section 30 of the Assam Agricultural Income-tax Act, 1939, to the assessee for assessment under the Act, on the ground

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

goods were further chargeable to regulatory duty of 10% then in force levied under Section 77 of the Finance Act, 1965. The duty @ Rs. 360 per M.T. was levied by the Central Government in exercise of the powers … law. The Principal Appraiser of Customs considered the claim of the petitioner and by his order dated January 30, 1968, despatched on January 31, 1968 and received by the petitioner on February 3, 1968 rejected the claim

Mcdowell and Co. Ltd. Vs. Commercial Tax Officer

Court : Supreme Court of India

Subject : Direct TaxationSales Tax

Reported in : AIR1986SC649; (1985)2CompLJ137(SC); (1985)47CTR(SC)126; 1985(5)ECC259; [1985]154ITR148(SC); 1985(1)SCALE788; (1985)3SCC230b; [1985]3SCR791; [1985]59STC277(SC); 1986(1)LC595

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, … from the Westminster and the Fisher Executors principle. In W. T. Ramsay v. Inland Revenue Commissioners 1982 AC 300, the House of Lords had to consider a scheme of tax avoidance which consisted of a series or

Commissioner of Wealth-tax Vs. Smt. V. Pathummabi

Court : Kerala

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18(1); Wealth Tax (Amendment) Act, 1964; Finance Act, 1969

Reported in : [1977]108ITR689(Ker)

for the two years 1964-65 and 1965-66 should have been filed by the assessee on or before June 30, 1964, and June 30, 1965, respectively. Admittedly, this had not been done. The returns for the two years … is, under Section 18(1)(i) of the Wealth-tax Act, 1957, as it stood prior to its amendment by the Finance Act, 1969 ?'2. The returns for the two years 1964-65 and 1965-66 should have been filed by the assessee

Lloyds Insulations (India) Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2002)80ITD465(Delhi)

ITR 322 (SC), wherein it has been held that levy of such excise duty under Section 80 of Finance Act, 1965, was different from the levy of excise duty under Central Excises and Salt Act, 1944 fin short Excise … be construed as one with the WT Act." 40, Amounts not deductible.--Notwithstanding anything to the contrary in Sections 30 to 38, the following amounts shall not be deducted in computing the income chargeable under the head 'Profits

ismail Khan and 29 ors. Vs. State of Rajasthan and ors.

Court : Rajasthan

Subject : Service

Reported in : 1984WLN585

are Government Officers who are administering and managing the affairs, of the Bank. It further shows that the finance advanced or guaranted are provided by the 'State' and the activities of the Bank are controverted by the … in exercise of the powers conferred under Section 148 Sub-section (2) (Clause xxx) of the Rajasthan Co-operative Societies Act, 1965 (hereinafter referred to as 'the Act, 1965') which in terms provides as under:148(2)(xxx):In particular and without prejudice to … XX XXX9. General Managers/ All powers of the RegistrarManagers Executive under Sections 30, 31, 32, 37,Officers of all the Central 70, 71, 117, 118, 135

Hindustan Metal Works and Others Vs. Commissioner of Income-tax U. P. ...

Court : Allahabad

Subject : Direct Taxation

Reported in : [1968]68ITR798(All)

section 132. The decision of the court was given on March 27, 1964. On April 28, 1964, the Finance Act of 1964 was enacted by Parliament. Section 30 of the Finance Act amended section 132. This amendment, however, … section 132. This Act repealed the Ordinance.In view of the provisions of section 6 of the Income-tax (Amendment) Act, 1965, it is now not necessary to express any opinion on the first argument of Mr. Khare that section