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Controller of Estate Duty Vs. S.A. Rahman Beevi

Court : Chennai

Subject : Direct Taxation

Acts : Estate Duty Act, 1953 - Sections 9 and 10

Reported in : [1978]111ITR422(Mad)

the words 'one year' were substituted for the words 'two years'. However, later, by Section 38 of the Finance Act, 1966, the words 'two years' were again substituted for the words 'one year' with effect from 1st April, 1966.

Commissioner of Income-tax Vs. Ronald William Trikard and Others

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(25A) and (45), 4, 5, 5(2), 9, 9(1) and 293A; Territorial Waters, Continental Shelf, Exclusive Economic Zone and Other Maritime Zones Act, 1976 - Sections 3, 6, 6(6), 7 and 7(7)

Reported in : [1995]215ITR638(Mad)

areas have always been a part of the territory of India would render the notification redundant. (3) The Finance Act, 1981, introduced section 293A in the Income-tax Act. The said section, inter alia, empowers the Central Government to … person engaged in any of the activities referred to in clause (a) or clause (b). 12. In paragraph 38 of the common order, the Tribunal has given eight valid reasons for coming to the conclusion that the

Union of India Vs. Harbhajan Singh Dhillon

Court : Supreme Court of India

Subject : Media and CommunicationConstitution

Acts : Finance Act, 1969 - Sections 24 ; Wealth Tax Act, 1957; Constitution of India - Articles 246 and 248

Reported in : AIR1972SC1061; [1972]83ITR582(SC); (1971)2SCC779; [1972]2SCR33

1970, which was heard by a Bench of five Judges. Four Judges held that Section 24 of the Finance Act, 1969, insofar as it amended the relevant provisions of the Wealth Tax Act, 1957, was beyond the legislative … same question was raised, though in a reverse order. The challenge was to the Madras Urban Land Tax Act, 1966 by which a tax was imposed at the rate of 0.4% on the market value of urban land. … C.P. & Berar Act, No. XIV of 1938 [1939] F.C.R. 18, at 38].97. Unlike some of the Constitutions with a federal and distributive system of

Commissioner of Income-tax, Gujarat-iii Vs. Prakash Trading Co.

Court : Gujarat

Subject : Direct Taxation

Acts : Finance Act, 1966 - Sections 2(5); Finance (Amendment) Act, 1967 - Sections 2(4); Industries (Development and Regulation) Act, 1951; Income Tax Act, 1961 - Sections 261

Reported in : [1980]124ITR334(Guj)

appeal to the Supreme Court. Certificate is accordingly granted. Direct Taxation - exemption - Section 2 (5) of Finance Act, 1966, Section 2 (4) of Finance (Amendment) Act, 1967, Industries (Development and Regulation) Act, 1951 and Section 261 of Income … and ammunition, and(11) cigarettes,respectively, specified in items 2, 18, 20, 23(2), 24(2), 24(5), 25, 28, 35, 37 and 38 of the Industries (Development and Regulation) Act, 1951 (LXV of 1951).' 3. It has been contended on behalf

P. Paliwal and ors. Vs. Hindustan Zinc Limited and ors.

Court : Rajasthan

Subject : Service

Division Bench of this Court has opined that HZL under the Metal Corporation of India (Acquisition of Undertaking) Act, 1966 though is a Government company, but is not a State in the definition of Article 12 of the … lead and zinc-Gaz. Ind., 7.11.1966, part II, Section 2, Ext., page 1188. 38. It appears that before the Act of 1965 could have been declared … of a Zinc smelter near Udaipur for producing electrolytic grade zinc and bye- products. However, for want of finances the Corporation was not able to complete the project it had undertaken. Construction work had come to a … respondent-HZL and consequently, the respondent-HZL is no longer Public Sector Undertaking under Section 617 of the Companies Act, 1956. This order has been passed by

M/s. M.s.p.l. Limited Rep. By Executive Director Mr. Medavenkataiah Vs ...

Court : Supreme Court of India

Subject : Land Acquisition

of the undue haste and non­application of mind by the competent authorities?. 38 (III) Whether the procedure prescribed under the 1966 Act was duly followed?. … Industries Department. Its 30 constitution is provided therein and comprises of the following as members: ● The Secretary, Finance Department; ● The Secretary, Housing and Urban Development; ● The Commissioner, Industrial Development; ● Director, Industries and Commerce; … the State of Karnataka are relevant for determination of issues in the present case. Karnataka Industrial Areas Development Act, 1966 and the Karnataka Industries (Facilitation) Act, 20022. (i) The 1966 Act came up with the following preamble/object: “An … Judge dated 17.03.2009 and the writ petitions were allowed. The notifications under Sections 3(1), 1(3) and 28(1) of the Karnataka Industrial Areas Development Act, 19661

Merit Enterprises Vs. Dy. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (2007)288ITR226(Hyd.)

short issue in this appeal is whether the levy of surcharge in terms of the provisions of the Finance Act, 2002, is valid in a block assessment made under Section 158BC of the Income-tax Act. The tax has … of Agastyar Trust , Hon'ble Supreme Court, considering the assessee's claim for exemption under T.N. Urban Land Tax Act, 1966 on the basis of recognition by a subsequent order of the ITAT of the assessee as a public … Income-tax, Eighth Edition (revised by Hon'ble Supreme Court Justice Mr. S. Ranganathan) Vol. I at page 57 under Section 38 with the head note 'Retroactive Legislation' and Chatuvedi & Pithisaria's 'Income-tax Law' Fourth Edition, 1990 Vol.1 at page

Reserve Bank of India Vs. Pattem Surya Prakash Rao and ors.

Court : Andhra Pradesh

Subject : Banking

Acts : Constitution of India - Articles 14, 19, 21, 162, 226 and 301; Deposit Insurance Corporation (Amendment) Act, 1968; Banking Regulation Act, 1949 - Sections 2, 5, 5(1), 11, 11(1), 13A, 13D, 18, 21, 22, 22(3), 22(3A), 22(4), 22(5), 24, 35, 35A, 36, 36A, 36(1), 38, 45K(3), 45W, 56, 115A and 115B; Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995 - Sections 36A and 41(1); Andhra Pradesh Cooperative Societies Act, 1964 - Sections 64, 65, 66, 115A and 115B; Depositors Insurance and Credit Guarantee Corporation Act, 1961 - Sections 2, 13D, 22, 35(4) and 36; Companies Act, 1956 - Sections 58A and 235; Banking Laws (Application to Co-operative Societies) Act, 1965; Reserve Bank of India Act, 1934 - Sections 42(3A); Cooperative Societies Rules; Bengal Money Lenders Act; Govern

Reported in : 2007(6)ALT563

and not the merits of the decision. The learned Senior Counsel in this regard relied upon Peerless General Finance and Investment Company Private Limited v. Reserve Bank of India : 1991CriLJ1391 .6. The position of Charminar Cooperative … order in writing-(a) prohibit the banking company from receiving fresh deposits;(b) direct the Reserve Bank to apply under Section 38 for the winding up of the banking company:Provided that the Central Government may defer, for such period as … Cooperative Society under the provisions of Andhra Pradesh Mutually Aided Co-operative Societies Act 1995 (for short 'the 1995 Act') on 9.4.1997. On 23.9.1998 it was

Daulatram Rawatmull Vs. Commissioner of Income-tax, Central

Court : Kolkata

Subject : Direct TaxationConstitution

Acts : Constitution of India - Article 14; ;Income Tax Act, 1922 - Sections 34, 34(1A) and 66

Reported in : AIR1967Cal547,[1967]64ITR593(Cal)

of the Gujrat High Court deals with the effect of the amendment made in Section 34 by the Finance Act, 1966, with which we are not concerned in the instant case. We have dealt with the judgment of the … (1A), (1B), (1C) and (1D) had been inserted in Section 34 by the Income-tax Amendment Act, 1954 (Act 38 of 1954). It is argued that the initiation of the proceeding for reassessment should have been made not

Controller of Estate Duty, Madras Vs. Estate of Pichai Thambi. (by Acc ...

Court : Chennai

Subject : Direct Taxation

Reported in : [1978]111ITR711(Mad)

not in dispute that the above provision is a verbatim reproduction of section 2(1)(c) of the United Kingdom Finance Act, 1894. It is equally not in dispute that there is no decision of either the courts in the … question are as follows : One Pitchai Thambi died on March 19, 1966, at the age of 70. He had taken an insurance policy No. … assignor continuing to retain the beneficial interest in the policy. As far as the statutory provisions are concerned, section 38 of the Insurance Act, 1938, deals with assignment and transfer of insurance policies. Sub-section (1) and sub-section (2)