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Ahmed Ibrahim Sahigra Dhoraji Vs. Commissioner of Wealth Tax, Gujarat

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 2, 17, 16(3), 27 and 29(1); Finance Act, 1965 - Sections 68, 68(1), 68(2), 68(3), 68(4), 68(5), 68(6) and 68(7); Income Tax Act, 1922 - Sections 3; Income Tax Act, 1961 - Sections 4; Excess Profits Tax Act, 1940; Business Profits Tax Act, 1947; Companies (Profits) Surtax Act, 1964; Finance Act, 1951; Finance Act, 1953

Reported in : AIR1981SC1562; (1981)21CTR(SC)356; [1981]129ITR314(SC); 1981(1)SCALE694; (1981)3SCC77; [1981]3SCR402

respect of income-tax payable on the concealed income disclosed by the assessee pursuant to Section 68 of the Finance Act, 1965 is deductible under Section 2(m) of the Wealth-tax Act, 1957, in computing the net wealth of the assessee

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 … Customs duty on the aforesaid consignment. Reliance was placed on Notification No. 89-Customs, dated July 7, 1962, No. 82-Customs, dated March 1, 1963, No. 171-Customs, dated July 27, 1963 and No. 136-Customs dated October 3, 1964. In

Parvatibai and Another Vs. Maharashtra Revenue Tribunal and Others

Court : Mumbai

Subject : Property

Acts : Maharasthra Agricultural Lands (Ceiling on Holdings) Act, 1961 - Sections 2(32), 3, 12, 17 and 47(1); Bombay General Clauses Act, 1904 - Sections 2(26) and 3(31); Maharashtra Regional and Town Planning Act, 1966 - Sections 2(15); Nagpur Improvement Trust Act, 1936 - Sections 4, 16, 24C, 25, 27, 36, 52, 59, 68, 70, 73, 76, 77, 83, 84 and 88; Maharashtra Land Revenue Code, 1966 - Sections 2(5A); Payment of Bonus Act, 1965 - Sections 32; City of Nagpur Corporation Act, 1948; Local Authorities Loans Act, 1914; Delhi Development Act, 1957 - Sections 23 and 37

Reported in : AIR1995Bom19; 1994(2)MhLj1398

provides in respect of the taxation while Chapter VIII provides for the finance. Section 77 provides that the duty imposed by the Indian Stamp Act, … to whether the Delhi Development Authority was a local authority within the purview of the Payment of Bonus Act, 1965. Section 32 of the Act provided that no provision of Payment Bonus Act was applicable to the employees employed … the credit thereof all sums received by or on behalf of the Trust under this Act or otherwise. Section 82 provides for the application of Trust Fund and directs that the Trust Fund shall be applicable only to

Karnataka State Beverages Corpn. Ltd. Vs. Commissioner of Income-tax

Court : Karnataka

Subject : Direct Taxation

as Section 40(a)(iib) is concerned, the learned counsel would submit that the said sub-clause was inserted by the Finance Act, 2013 with effect from 1.4.2014 and the said section specifically disallows any amount paid by way of privilege … of the order for the Assessment Year 2012-2013. (xiv) Amendment made in Section 24 of the Karnataka Excise Act, 1965 is illegal. 3. The learned counsel for the petitioner would contend that the several reasons assigned by the … 2012-13 wherein the Assessing Officer had disallowed the privilege fee of Rs. 829,41,58,944/- and made disallowance under Section 14-A of the Act in a sum

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) of

Jiyajeerao Cotton Mills Ltd. Vs. Income-tax Officer, c Ward and ors.

Court : Kolkata

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80E and 154; ;Finance Act, 1965

Reported in : [1981]130ITR710(Cal)

that soda ash is one of the items mentioned in Part III of the First Schedule to the Finance Act, 1965, and the appellant was, therefore, entitled to a special rebate of 35 per cent. on the profits and … claiming such rebate. 4. On or about the 27th February, 1970, respondent No. 1 completed the assessment under Section 143(3) of the I.T. Act, 1961, whereby the overall total income of the appellant was computed at Rs. … of the profits and gains attributable to the said business at Rs. 82,20,987 as eligible for such rebate without deducting the development rebate of Rs.

City Municipal Council, Mangalore and anr. Vs. Frederick Pais Etc.

Court : Supreme Court of India

Subject : Municipal Tax

Acts : Mysore Municipalities Act, 1964 - Sections 101(2) and 382(1); Madras District Municipalities Act, 1920 - Sections 82(2)

Reported in : AIR1970SC417; (1969)3SCC160; [1970]2SCR751

and tables embodied in Schedule IV shall be read as part of Chapter VI, dealing with Taxation and Finance. Schedule IV deals with Taxation and Finance Rules. Rule 2 provides for the preparation and maintenance of assessment … referred to as the Mysore Act) came into force from April 1, 1965 as per the notification, dated September 23, 1965 issued by the State … proviso 3 to Section 382(1) of the Mysore Act,'the provision for the determination of the annual value under Section 82(2) of the Madras Act is not saved. The High Court is further of the view that the second

Godavari Sugar Mills Ltd. Vs. Commissioner of Income-tax

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80G and 88

Reported in : [1992]193ITR141(Bom)

1948-49 and 1949-50 and the assessee merely distributed the said dividend during the assessment year 1965-66. 3. The Finance Act, 1965, provided that every company other than the Life Insurance Corporation of India established under the Life Insurance Corporation … D.R. Dhanuka, J. 1. The Income-tax Appellate Tribunal has referred the following question to this court under section 256(1) of the Income-tax Act, 1961 : 'Whether, on the facts and circumstances of the case, the Tribunal

Sri Madhusudan Mills Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Land Acquisition

Reported in : (1993)LC218Tri(Delhi)

case, the Supreme Court held that the Special Excise Duty which was levied under Section 80 of the Finance Act, 1965 cannot be regarded as having been levied under the Excise Act. In the judgment reported in 1986 (25)

income-tax Officer Vs. Hirachand B. Vaya

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (1997)61ITD264(Ahd.)

law and the decisions cited by the learned representatives.7. The provisions of section 10(4A) was introduced by the Finance Act, 1965. The effect of the insertion of this sub-section (4A) was explained in the departmental Circular dated 11-10-1965. According