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CochIn Company Vs. Commissioner of Income-tax

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 33(1) and 33(1A); Finance Act, 1966 - Sections 2(5) and 2(7)

Reported in : [1978]114ITR822(Ker)

the export of any goods or merchandise out of India within the meaning of Section 2(5)(a)(i) of the Finance Act, 1966 (iii) Whether the Tribunal was right in holding that the assessee is not an 'industrial company' as … by the Central Board of Revenue (annexure 'B') and the clarificatory Circular F. No. 10/49-65-IT(AI) dated October 14, 1965, issued by the Central Board of Direct Taxes (annexure ' C') (ii) Whether the Tribunal was right in

Softek (P.) Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (1990)32ITD540(Delhi)

rival submissions as also the facts on record. Section 32A was brought on the statute book by the Finance Act, 1976. Section 32A replaced the scheme of initial depreciation allowance by a scheme of in vestment allowance. The … two grounds raised in this appeal dispute the disallowance of the assessee's claim for investment allowance of Rs. 79,069 on new machinery purchased and installed during the year in question. This is the first year of assessment

Wealth-tax Officer Vs. S. Inder Singh

Court : Income Tax Appellate Tribunal ITAT Allahabad

Subject : Direct Taxation

Reported in : (1987)20ITD544(All.)

that disclosed amount represented income of the assessee and, therefore, the certificate granted by Section 215 of the Finance Act, 1965, would not preclude an examination of the Explanation, although such declaration may be admissible piece of evidence, but

Shree Fats and Proteins Ltd. Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Subject : Sales Tax

Acts : Finance Act, 2000 - Sections 119 and 120; Central Sales Tax Act, 1956 - Sections 9, 9(2), 9(2A) and 9(2B); Rajasthan Sales Tax Act, 1994 - Sections 29, 37, 53, 58, 70 and 70(2); Rajasthan Sales Tax Act, 1954 - Sections 12; Kerala General Sales Tax Act, 1963 - Sections 23(3); Constitution of India - Articles 14, 19 and 19(1)

Reported in : [2006]146STC310(Raj)

numbering 29, the petitioners have challenged the provisions of Sub-clause (2)(d) of the validation Clause 120 of the Finance Act, 2000 (Act No. 10 of 2000) be declared to be violative of Articles 14 and 19(l)(g) of the … 2000) be declared to be violative of Articles 14 and 19(l)(g) of the Constitution of India and of Section 9(2B) of the Central Sales Tax Act, 1956. The challenge to the validity of the aforesaid provisions is

M/s D. N. Singh Through Partner Dudheshwar Nath Singh Vs. Commissioner ...

Court : Supreme Court of India

Subject : Direct Taxation

valuable articles, both provisions deal with the ownership of valuable articles. Section 69B, inserted by virtue of the Finance Act, 1965 (10 of 1965), reads as follows: “69B. Amount of investments, etc., not fully disclosed in books of account. … the assessment order though the effect is one and the same the surrendered income 20 (2011) 339 ITR651Chhattisgarh 79 cannot be held that it was not an income under the provisions of s.69 of the Act, 1961.

Andhra Pradesh State Financial Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (1986)18ITD515(Hyd.)

financial corporations and he drew our attention in particular to the latest amendment to Section 36(1)(viii) by the Finance Act, 1985, wherein it has been clarified that the deduction is to be made without making any deduction under … Hon'ble Court saw it, as on 1-4-1965 relevant for the assessment year in question in that case, viz., 1965-66. It may not be quoted as an authority and applied to the case on hand where we are

Atmaram Modi Vs. Ecl Agrotech Ltd. and ors.

Court : Company Law Board CLB

Subject : Land Acquisition

Reported in : (1999)98CompCas463

grievance whatsoever. Shri Naganand, while summing up his submissions on the director's fiduciary duty, relied on Island Export Finance Ltd. v. Umunna [1986] BCLC 460.The board of directors of the company convened an extraordinary general meeting of … Prasad Jain v.Kalinga Tubes Ltd. [1965] 35 Comp Cas 351 ; AIR 1965 SC 1535. He stated that the company is a public company with … Referring to Synchron Machine Tools P. Ltd. v. U. M.Suresh Rao [1994] 79 Comp Cas 868 (Kar), wherein the court has laid down certain tests … 1. This petition under Section 397/398 of the Companies Act, 1956 ("the Act"), has been filed by the petitioner hereinabove with the consent of twelve other shareholders, all

Deputy Commissioner of Vs. Ramnath and Co.

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : MRTP

Reported in : (2002)83ITD698(Coch.)

determined on ad hoc basis for the category of income or expenditure. Chapter VI-A was thus introduced by Finance Act, 1965 for the first time. Section 80-O was first introduced by Finance Act, 1967 with effect from 1 -4-1968. … exports effected----------------------------------------------------------------------------1991-92 18.50 lakhs 20 crores1992-93 26.73 lakhs 35 crores1993-94 44.79 lakhs 50 crores1994-95 47.09 lakhs 60 crores1995-96 79.14 lakhs 90 crores1996-97 83.12 lakhs 100 crores---------------------------------------------------------------------------- The assessee's representative summarised the services rendered by the assessee to

Whirlpool India Holdings Ltd. Vs. Deputy Director of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2004)1SOT165(Delhi)

of section 143(2). Provisions of section 143(2) have been amended from time to time and lastly by the Finance Act, 1991 (with effect from 1-4-1989) and Finance (No. 2) Act, 1991, with effect from 1-10-1991. The relevant amended … notices were posted on 5-11-1969. Giving of the notice contemplated by section 124 of the Customs Act and section 79 of the Gold Control Act means that the notice must have been received because as pointed out by … served on the assessee in time as in that case assessment year 1965-66, the notice under section 147B was sent by assessing officer by Registered

Jindal Indus. Ltd. Vs. Commissioner of Income-tax

Court : Delhi

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 36(1), 37, 37(1), 40 and 80V

Reported in : (1993)109CTR(Del)23; [1993]200ITR232(Delhi)

expenses for obtaining a bank guarantee for securing adequately for the payment of tax as required under the Finance Act, 1965. The situation in the latter case is for staying the enforcement and giving time for satisfying the statutory … B.N. Kirpal J.1. In respect of the assessment years 1977-78 and 1978-79, the Income-tax Appellate Tribunal has, under section 256(1) of the Income-tax Act, 1961, referred the following question of law to this court : 'Whether, on