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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

Badshah Khan Vs. Commissioner of Wealth-tax

Court : Guwahati

Subject : Direct Taxation

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

the due date. However, the AAC held that the amended provisions of the Act brought in by the Finance Act, 1969, would not apply and the penalty should be on the basis of the law that existed in the … (Amend.) Act, 1964, and again amended by the Finance Act, 1969, which came into force from April 1, 1969. Section 14 has not undergone any striking change from the original provision. The section provides when and how a … wealth reduced by the basic exemption, from April 1, 1969, to March 31, 1970. On appeal, the AAC turned down the claim of the assessee

Commissioner of Wealth-tax Vs. Smt. Brij Rani

Court : Allahabad

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18 and 18(1); Income Tax Act, 1961 - Sections 27(1); Finance Act, 1969

Reported in : (1992)108CTR(All)46; [1993]201ITR307(All)

the tax. Thereafter with effect from April 1, 1969, an amendment was effected by Section 24(c) of the Finance Act, 1969, in the scale of penalty imposable inasmuch as the rate of penalty provided was a sum for every … the Act for non-submission or delayed submission of returns without reasonable cause between April 1, 1965, and March 31, 1969, was equivalent to two per cent. of the tax for every month during which the default continued

income-tax Officer, c Ward and ors. Vs. Ryam Sugar Company Ltd.

Court : Kolkata

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Section 31(4)

Reported in : [1976]105ITR819(Cal)

total income was Rs. 1,89,869. The Income-tax Officer, however, found that in accordance with the provisions of the Finance Act, 1958, the assessee was not entitled to rebate at 30% on its entire income. The assessee was entitled … Rs. 2,04,223. The said assessment was made on the 20th of March, 1969. Upon this the tax computed was Rs. 1,04,019.54. It appears that the … claim of Rs. 14,354. Thereafter, on the 28th of November, 1963, the Income-tax Officer passed an order under Section 31 of the Indian Income-tax Act, 1922, to give effect to the aforesaid order of the Appellate Assistant Commissioner.

income-tax Appellate Tribunal Vs. B. Hill and Co. (P.) Ltd.

Court : Allahabad

Subject : Direct Taxation

Acts : Finance Act, 1965 - Sections 2(5); Finance Act, 1966 - Sections 2(5); Finance Act, 1967 - Sections 2(4); Finance Act, 1964; Finance Act, 1968; Finance Act, 1969; Income Tax Act, 1961 - Sections 2(18), 31, 37, 108 and 256

Reported in : (1982)29CTR(All)301; [1983]142ITR185(All)

goods by the assessee and accordingly not entitled to the tax concession provided under Section 2(5)(a)(i) of the Finance Act, 1969 (2) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal way right … the Act of 1961 (which corresponds to Section 10(2)(xv)) even though it may have been originally claimed under Section 31 (which corresponds to Section 10(2)(v) of the Act of 1922). There is hence no legal defect in applying

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

Court : Patna

Subject : Constitution

Acts : Bihar Finance Act, 1981 - Section 31; Constitution of India - Article 269, 269(1), 301, 304

Reported in : AIR1987Pat175; [1987]66STC178(Pat)

Nov., 1985, issued in exercise of the powers conferred by Sub-section (2a) of Section 31 of the Bihar Finance Act (hereinafter referred to as 'the Act') prescribing the declaration form to be carried on a goods carrier or … (1971) 1 SCC 59) (supra). That was also a case from Bihar primarily under the Bihar Sales Tax Act, 1969. Therein apart from other provisions a challenge was laid to Rule 31-B framed under Section 42 of the

Vishal International Production Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (1993)46ITD312(Delhi)

ultimate analysis concluded that the assessee was not an "Industrial Company" as defined in Section 2(7)(c) of the Finance Act, 1980.4. Being aggrieved with the action of the CIT (Appeals), the assessee took up the matter before the … and also on account of "realisation on extra prints". (c) That CBDT Circular No. 24 dated 23rd July, 1969 stated in positive terms that production of films tantamounted to an activity of manufacture and processing of goods. … activity of the production of films since in the previous year ending 31-3-1990, the company had entered into the production of a TV Serial as

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

not include agricultural land, growing crops, grass or standing trees on such land.90. By Section 24 of the Finance Act, 1969, Section 2(e) was amended omitting the non-inclusion of agricultural land for the assessment year commencing from April 1, 1970 … matters assigned to the provincial legislatures by Section 92; see Tenant v. Union Bank of India [1894] A.C 31.(2) The general power of legislation conferred upon the Parliament of the Dominion by Section 91 of the Act

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 … returns. Ultimately the penalties were levied as follows :Assessment year 1964-65 :(i) For the period from 1.7.64 to 31.3.69 : Penalty at 2% p.m. subject to maximum of 50% of the wealth-tax payable under Section 18(1)(a) before

Association For Democratics Reforms Vs. Union Of India

Court : Supreme Court of India

Subject : Right to Information

establishing the double proportionality standard ...................................................... 103 b) Validity of the Electoral Bond Scheme, Section 11 of the Finance Act and Section 137 of the Finance Act ..................................................... 113 c. Validity of Section 154 of the Finance Act … the disclosure requirement were punishable with a fine which could extend to rupees five thousand.5. The Companies (Amendment) Act 1969 amended Section 293A8 so as to ban contributions to political parties and for political purposes. Companies acting in … of the People Act 19514, the Income Tax Act 19615, and the Companies Act 20136. A. Background 2. Section 31 of the RBI Act stipulates that only the RBI or the Central Government authorized by the RBI Act