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Commissioner of Wealth-tax Vs. R.D. Chand and

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14(1) and 18(1); Wealth Tax (Amendment) Act, 1964; Finance Act, 1969

Reported in : [1977]108ITR787(AP)

Once again, the provisions of Section 18 of the Wealth-tax Act. were amended by Section 24 of the Finance Act, 1969, and Clauses (i) and (ii) of the Wealth-tax (Amendment) Act, 1964, were substituted by the following Clauses (i) … (b) has without reasonable cause failed to comply with a notice under Sub-section (2) or Sub-section (4) of Section 16 ; or (c) has concealed the particulars of his assets or deliberately furnished inaccurate particulars of his assets

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)

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 on … (b) has without reasonable cause failed to comply with a notice under Sub-section (2) or Sub-section (4) of Section 16 ; or (c) has concealed the particulars of his assets or deliberately furnished inaccurate particulars of his assets

Commissioner of Gift-tax Vs. C. Muthukumaraswamy Mudaliar

Court : Chennai

Subject : Direct Taxation

Acts : Gift Tax Act, 1958 - Sections 15(2), 15(4), 17 and 17(1); Gift Tax (Amendment) Act, 1962

Reported in : [1975]98ITR540(Mad)

April 1, 1969, will be that laid down under the law in force before its amendment by the Finance Act, 1969, namely, 2% of the wealth-tax payable for every month during which there was failure, without reasonable cause, to … normally arises out of the assessee's: (1) failure to furnish a return under Sections 13(1) 13(2) and under Section 16; (2) failure without reasonable cause to comply with a notice under Section 15(2); (3) concealing the particulars of

Commissioner of Wealth Tax, Amritsar Vs. Suresh Seth Overruled

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14, 14(1), 14(2), 14(3), 15, 16, 17, 18, 18(1) and 27(1); Wealth Tax (Amendment) Act, 1964 - Sections 18; Finance Act, 1969; Constitution of India - Articles 20(1) and 136; Indian Mines Act, 1923 - Sections 39; Factories Act, 1948; General Clauses Act - Sections 6

Reported in : AIR1981SC1106; (1981)21CTR(SC)349; [1981]129ITR328(SC); 1981(1)SCALE729; (1981)2SCC790; [1981]3SCR419; 1981(13)LC555(SC)

to maximum of 50% of the wealth-tax payable under Section 18(1)(a) before its amendments on 1.4.69 by the Finance Act, 1969 : Rs. 115/-(ii) For the period from 1.4.69 to 18.3.71 : Penalty at 1/2% of the net wealth … every month during which the default continued, equal to one-half per cent of-(A) the net wealth assessed under Section 16, as reduced by the amount of net wealth on which in accordance with the rates of wealth tax

Subhaga Kumar M.K., Ernakulam, Others Vs. State of Kerala, Rep. by Its ...

Court : Kerala

Subject : Land Acquisition

the State Government over the State Co-operative Bank and District Co-operative Banks registered under the Kerala Co-operative Societies Act, 1969. Reference in this connect to P. Bhaskaran and Others vs. Additional Secretary and others [1987 (2) KLT 903 … 1952 read with para 9 of Employees’ Pension Scheme 1995, have been examined by this Office. The Self Financing Pension Scheme introduced by the Government of Kerala for the benefit of the employees of these institutions is … The petitioners enrolled themselves under the Employees’ Pension Scheme, 1995 framed under Section 6A of the Act while in service. The petitioners retired from service … is found not feasible and hence the possibility of granting exclusion under 16(1)(b) of the Act has been examined by the undersigned as instructed by

T.K. Roy, Vs. Commissioner of Wealth-tax

Court : Guwahati

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14, 14(1), 14(2), 15, 16(5), 18, 18(1), 35B and 36(1)

of the W.T. (Amend.) Act, 1964,' and thereafter under Section 18(1)(a)(i), as substituted by Section 24 of the Finance Act, 1969?' 9. Wealth-tax Reference No. 3/75.10. This reference relates only to the assessment year 1968-69. In this case also … on him. He did not comply with the notices. The W.T.O. also issued notices on the assessee under Section 16(4) of the Act. They were also not complied with. In the circumstances, he completed on October 31, 1970,

T.K. Roy, Vs. Commissioner of Wealth-tax

Court : Guwahati

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14, 14(1), 14(2), 15, 16(5), 18, 18(1), 35B and 36(1)

of the W.T. (Amend.) Act, 1964,' and thereafter under Section 18(1)(a)(i), as substituted by Section 24 of the Finance Act, 1969?' 9. Wealth-tax Reference No. 3/75.10. This reference relates only to the assessment year 1968-69. In this case also … on him. He did not comply with the notices. The W.T.O. also issued notices on the assessee under Section 16(4) of the Act. They were also not complied with. In the circumstances, he completed on October 31, 1970,

Sirpur Paper Mills Ltd. Vs. Director of Inspection, Customs and Centra ...

Court : Andhra Pradesh

Subject : Direct TaxationExcise

Acts : Income Tax Act, 1961 - Sections 27, 81, 99(1), 280ZD and 280ZD(6)

Reported in : 1983(12)ELT457(AP); [1982]136ITR120(AP)

20 per cent of the total amount to chargeable on such goods; and...' 19. Section 31 of the Finance Act, 1969, also is in similar terms. Based on the language, learned counsel argued that the special duty contemplated under … one or more schemes to be called 'tax credit certificate schemes' 4. Accordingly, a scheme under notification No. 1636 dated November 5, 1965, has been framed, wherein the class of goods and the rate of tax credit

The Commissioner of Income-tax, M.P., Nagpur and Bhandara Vs. Parmanan ...

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Finance Act, 1960 - Sections 2(6); Income Tax Act, 1922 - Sections 2(6AA), 14(2) and 16(1)

Reported in : AIR1978MP80; [1979]119ITR219(MP); 1978MPLJ355

in the case of each partner by including the special surcharge of Rs 32,400 in accordance with the Finance Act, 1960 (Act No. 13 of 1960). On behalf of the assessee it had been contended that the exemption … Kalekhan Jumman Khan by legal representative Mohammad Hanif, M.C.C. No. 80 of 1969 decided on 5-11-1970 (Madh Pra), the question had to be answered in … dispute before us that the only provisions relevant for our purpose are Section 2 (6AA); Section 14(2)(aa); and Section 16(1)(a) of the Income-tax Act, 1922, in addition to the provisions of the Finance Act, 1960. The dispute really

Tara Singh Vs. Deputy Commissioner of Wealth Tax

Court : Income Tax Appellate Tribunal ITAT Amritsar

Subject : Direct Taxation

Reported in : (2005)97TTJ(Asr.)941

Sub- clause (2) of Clause (e) of the then Section 2 of the WT Act, 1957, in the Finance Act, 1969. (f) The WT authorities have wrongly interpreted the definition of urban land of the Section 2(ea)(v) of the … respect of the value of land falling in the definition of 'urban land and completed assessments under Section 16(3) rule with Section 17 of the WT Act, 1957, for these assessment years.3. Being aggrieved, the assessee filed