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Petroleum India International Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2000)241ITR43(Mum.)

consideration for its supply of technical know-how or technical services under approved agreements.Sec. 80-O was amended by the Finance Act, 1968, to enhance the deduction available under that section to 100 per cent of the income by way of … the issue reference to the Bench : ---------------------------------------------------------------------- ITA No. Name of the case Counsel's name ---------------------------------------------------------------------- 1. 4203/Mum/98 P. N. Writer & Co. Shri A. M. Shah 2. 4102, Mum/96 Tata Sons Ltd. Shri Dinesh Vyas

State of Rajasthan Vs. Uka and ors.,

Court : Rajasthan

Subject : Tenancy

main objectives of the legislation relating to social control of Banks in 1968 and the nationalisation of fourteen major Indian commercial Banks in 1969 was … to the nature of controversy involved in this appeal, it would be worth to quote the provisions referred above.Section 42.- General restrictions on sale, gift and bequest ' The sale, gift or bequest by a Khatedar tenants of … shown that there are certain provisions therein which inhibit the entry of commercial Banks into the field of financing of agriculture. It will, therefore, be necessary to modify these laws for the purpose of enabling commercial banks … useful to notice certain relevant statutes and the facts associated.THE RAJASTHAN TENANCY ACT, 19553. On 30.3.1949, the State of Rajasthan was formed on integration of

Commissioner of Income-tax, Tamil Nadu-i Vs. Standard Motor Products o ...

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80I

Reported in : (1980)17CTR(Mad)317; [1981]131ITR300(Mad)

calendar year. In that year, the assessee claimed the relief admissible to priority industry in accordance with the Finance Act, 1965. First Schedule, Pt. I, Para. F, read with Pt. III. The ITO rejected this claim for rebate … sections also. For instance, the same expression found a place in s. 42 of the Indian I.T. Act, 1922, which corresponds to s. 9(1)(i), Expln. … the assessee is entitled to the rebate under the provisions of section 80E/80I for the assessment years 1966-67, 1968-69 and 1969-70 3. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was

State of Bihar and ors. Vs. Harihar Prasad Debuka and ors.

Court : Supreme Court of India

Subject : Constitution

Acts : Constitution of India - Articles 301 to 305; Bihar Finance Act, 1981 - Sections 31(2); Bihar Finance (Amendment) Act, 1984

Reported in : AIR1989SC1119; 1989(2)BLJR85; 1989(1)SCALE464; (1989)2SCC192; [1989]1SCR796; [1989]73STC353(SC); 1989(1)LC684(SC)

of Articles 301 and 304 of the Constitution of India.2. Sub-section (2-a) of Section 31 of the Bihar Finance Act, 1981 was substituted by Bihar Finance Act, 1984 as follows:(2-a) A person transporting goods shall carry a declaration … and 5 A the State Government issued a Notification dated December 26, 1967 purporting to exercise power under Section 42 of the Bihar Sales Tax Act, 1959 read with Rule 31B of the Bihar Sales Tax Rules, 1959

J. Sainsbury Plc. Vs. Oconnar (inspector of Taxes).

Court : Kolkata

Subject : Direct Taxation

Reported in : [1992]197ITR462(Cal)

my judgment in the main on this : that wen you look at the words beneficial owner in section 42 of the Finance Act 1930, those words must in my judgment be construed in what has been described … relief, the option agreement was an 'arrangement' within the meaning of paragraph 5(3) of Schedule 12 to the Finance Act, 1973. If so, the taxpayer company would lose the benefit of group relief by virtue of section 28

Siri Ganesh Rice and General Mills Vs. State of H.P and ors.

Court : Himachal Pradesh

Subject : Sales Tax/ Vat

In exercise of the powers conferred by Sub-section(1) of Section 42 of the Himachal Pradesh General Sales Tax Act, 1968 (Act No. 24 of 1968) the Government of Himachal Pradesh is pleased to direct that no tax shall … which reads as follows:7.1.1 Village Industries/Tiny units: New Industries with fixed capital investment upto Rs. 10 lakhs and financed wholly by HPKVIB/KVIC shall b exempted from payment of sales tax for a period of 8 years in

Commissioner of Wealth Tax, Gujarat-ii, Ahmedabad Vs. Arvind Narottam ...

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Wealth Tax Act - Sections 21 and 21(1)(2); Finance Act - Sections 42(2)

Reported in : AIR1988SC1824; (1988)72CTR(SC)94; [1988]173ITR479(SC); JT1988(3)SC423; 1988(2)SCALE401; (1988)4SCC113a; [1988]Supp2SCR266

'just and reasonable' clause and by the words 'as near as may be' in Section 42(2) of the Finance Act.9. It is vehemently urged by Dr. Gauri Shanker that the approach to be adopted in this case … by what was said by the House of Lords in Gartside and Anr. v. Inland Revenue Commissioners, LR 1968 A C 553 where it was also observed that a mere right to be considered for distribution of

Oberoi Clarks Vs. Excise Taxation Officer

Court : Delhi

Subject : Excise

Acts : Punjab Excise Act, 1914 - Sections 58(3)

Reported in : 7(1971)DLT172

principle. In that case. dealing with the relevant provisions of the Income Tax Act as amended by the Finance Act, it was held that the legislature had not conferred the said power to the executive by express language … 4 and L. 5 held by them for the period 1st April, 1968 by virtue of an amendment made by the Excise and Taxation Commissioner, … (11) A Full Bench of the Punjab High Court invalidated the delegation of powers of State Government under section 42 of the East Punjab Holdings (Consolidation and Prevention of Fragmentation) Act (50 of 1948) on the ground that

Amarjyoti Soap Mills Pvt. Ltd. Vs. State of H.P and ors.

Court : Himachal Pradesh

Subject : Sales Tax/Vat

In exervcise of the powers conferred by sub-section(1) of Section 42 of the Himachal Pradesh General Sales Tax Act, 1968 (Act No. 24 of 1968) the Government of Himachal Pradesh is pleased to direct that no tax shall … which reads as follows:7.1.1 Village Industries/Tiny units: New Industries with fixed capital investment upto Rs. 10 lakhs and financed wholly by HPKVIB/KVIC shall b exempted from payment of sales tax for a period of 8 years in

income-tax Officer Vs. Kenaram Saha and Subhash Saha and

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Direct Taxation

Reported in : (2008)301ITR171(Kol.)

at great length. His arguments/submissions can be summarized as follows: 2. That Section 40A(3) was introduced by the Finance Act, 1968, with effect from April 1, 1968. In the memorandum explaining the provisions in the Finance Bill, 1968, it