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Commissioner of Income-tax, Coimbatore Vs. Nachimuthu Industrial Assoc ...

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 11, 12, 13(1) and 13(2) and 109(11)

Reported in : (1982)31CTR(Mad)50; [1982]138ITR585(Mad)

the extent to which such income is applied to such purposes. Section 12, prior to the amendment by Finance Act, 1972, with effect from 1973, reads as follows : '12. (1) Any income of a trust for charitable or … of the Income-tax Act, 1961 ?' 7. The relevant provisions of the statute may be now set out. Chapter III of the Act deals with incomes which do not form part of the total income. Section 11 provides,

Petroleum India International Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

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

incorporated mainly to encourage earning of the foreign exchange, inviting our attention to the relevant notes to the Finance Act, 1967, the learned counsel contended that s. 85C granted the deduction till asst. yr. 1972-73 when s. 80-O … of the present case wherein it has been held that s. 80-O applies to income after deductions under Chapter VI-A i.e., deduction should be allowed after deducting the expenses from the gross receipt. Keeping in view the … had claimed deduction under s.80-O of the IT Act, 1961 of Rs. 3,38,38,386 being 50 per cent of the total foreign exchange received during the

M/s. Bharti Airtel Ltd. Vs. The Commissioner of Central Excise

Court : Mumbai

Subject : Service Tax

amount of Rs.2,04,39,093/- under provisions of Rule 14 of the Credit Rules read with Section 73 of the Finance Act,1994. In respect of towers and parts thereof, prefabricated building, printers and office chairs, the Commissioner observed that the … nor the use of said goods in providing output service. Subsequently, information about use of the goods and Chapter heading under the Central Excise tariff was called for from the appellant. The same was, thereafter, furnished by … “capital goods” or “inputs” as defined under the Cenvat Credit Rules,2004 ? 3. Whether in the facts and circumstances of the case, the Appellate Tribunal

The Indore Malwa United Mills Ltd. and ors. Vs. Union of India and ors ...

Court : Delhi

Subject : Labour and Industrial

Acts : Industrial (Development and Regulation) Act, 1951 - Sections 15; Sick Textile Undertaking Taking Over of Management Act, 1972 - Sections 2; Evidence Act, 1872 - Sections 51; Constitution of India - Article 14

Reported in : ILR1974Delhi311

to removing this lacuna section 17 of the Act of 65 of 1951 was amended and a new chapter Iii A was added by the Amending Act 26 of 1953. By this section 18A was incorporated which empowered … the Board of Directors and also there was nominee of the M.P. Finance Corporation in connection with the loan of Rs. 10 lakhs given by … of C.W. 463/72. This petition challenges the constitutional validity of the Sick Textile Undertaking (taking over of Management) Act, 1972 (hereinafter called the impugned Act) and the impugned Order, under Section 18A of the Industrial (Development and Regulation)

Kerala State Insurance Department Vs. Union of India

Court : Kerala

Subject : Land Acquisition

Reported in : 2012(2)KLT941; 2012(2)KHC683

the obligation as above and hence there is no 'taxable service', as contemplated under Section 65(12) of the Finance Act , 1994 to be mulcted with any liability. Still, the petitioner had submitted an application for registration and … Corporation Act, 1956 (LIC Act in short) and 'exemption' under Section 36(1)(a) of the General Insurance Business (Nationalisation) Act, 1972. 2. The parties and proceedings are referred to, as arrayed in W.P.(C)No.15892 OF 2008, treating the same as … reads as follows:"service tax means tax leviable under the provisions of this chapter."Other relevant provisions are, Section 44(f) of the LIC Act, Section 36(1)(a) of … been produced in the present case also as Ext.P10);. Paragraphs 1,2 and 3 of the Circular are relevant and hence which are extracted below:"A number

Grays Timber Products Ltd Vs. Revenue and Customs (Scotland)

Court : UK Supreme Court

Subject : Land Acquisition

of Chapter 3D of the Income Tax (Earnings and Pensions) Act 2003 ("ITEPA 2003") as inserted by the Finance Act 2003, Schedule 22. Chapter 3D consists of only three sections which are, by comparison with other chapters in … of controversy is "market value", which is defined by reference to the Taxation of Chargeable Gains Act 1992. 3. However Chapter 3D forms part of a complex code with fairly deep and tangled legislative roots. Many of

Commissioner of Income Tax Vs. Rashmi Kamdar

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2, 2(24), 3, 3(1), (3), 4, 10(3), 14, 28, 56(1), 59, 139 and 263; Wealth Tax Act, 1957 - Sections 2 and 3(2)

Reported in : (1996)131CTR(Mad)277; [1996]217ITR559(Mad)

April, 1972, that income-tax would be charged at the rates specified in Part I of the First Schedule. Chapter III of the said Act introduced in s. 2 of the IT Act with effect from the first day … of s. 59 of the Act and stated as follows : 'The effect of s. 59 of the Finance Act, 1972, is that notwithstanding the amendments to the definition of income in s. 2(24) and the amendment to s.

Super Cassettes Industries Ltd. Vs. State of Uttar Pradesh and anr.

Court : Supreme Court of India

Subject : PropertyCivil

Acts : Uttar Pradesh Imposition of Ceiling on Land Holdings Act, 1960 - Sections 3(2), 5, 6, 9 to 12 and 13; Uttar Pradesh Zamindari Abolition and Land Reforms Act, 1950 - Sections 11; Uttar Pradesh Tenancy Act, 1939 - Sections 3(13), 3(16) and 3(17); Uttar Pradesh Imposition of Ceiling on Land Holdings (Amendment) Act, 1972 - Sections 9, 10, 16, 29 and 30; Uttar Pradesh Imposition on Ceiling of Land Holdings Rules, 1961 - Rules 6, 8 and 12

Reported in : 2009(12)SCALE656; (2009)10SCC531; 2009(9)LC4474(SC); [2009] 14 SCR 627

existing thereon.`Tenure-holder' under Section 3(17) means a person who is the holder of a holding, but [except in Chapter III] does not include-(a) a woman whose husband is a tenure-holder;(b) a minor child whose father or mother is … soon as may be after the enforcement of the Uttar Pradesh Imposition of Ceiling on Land Holdings (Amendment) Act, 1972 the prescribed authority shall, bylike general notice, call upon every tenure-holder holdingland in excess of the ceiling area

Vijay Madanlal Choudhary Vs. Union Of India

Court : Supreme Court of India

Subject : Land Acquisition

1944; c) The Unlawful Activities (Prevention) Act, 1967 [Chapter V (inserted in 2013)].; d) The Wild Life (Protection) Act, 1972 [Chapter VIA inserted in 2003].; 236 e) The Code of Criminal Procedure, 1973 [Chapter XXXIV - Disposal of Property].; … I deals with the short title, extent and commencement and definitions. Chapter II deals with offence of money-laundering. Chapter III deals with the mechanism of attachment, adjudication and confiscation. Chapter IV deals with obligations of the banking companies, … 2009) (w.e.f. 1-6-2009); c) The Prevention of Money-Laundering (Amendment) Act, 2012 (2 of 2013) (w.e.f. 15-2-2013); d) The Finance Act, 2015 (20 of 2015) (w.e.f. 14-5-2015); e) The Black Money (Undisclosed Foreign Income and Assets) and Imposition of

Bangalore Turf Club Ltd. Vs. Union of India

Court : Karnataka

Subject : Direct Taxation

the contentions raised by Sri S S Naganand for petitioners and contends that for the first time by Finance Act, 1972 the definition of 'income', in Section 2(24) of the Act was amended to include winnings from lotteries, crossword … while making payment of 'stake money' to the owners of the horses as required under the provisions of Chapter - XVII/Section 194B of the Income Tax Act, 1961 (hereinafter referred to as 'Act' for short) and as … for the enforcement of any of the Fundamental Rights contained in Part III of the Constitution but also for "any other purpose". 15. Under Article