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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 … infrastructure with other service providers, treating it as a sale under Explanation IV to sub-section (28) of Section 2 of the APVAT Act,2005, is without

Vita Pvt. Ltd. Vs. Commissioner of Income-tax

Court : Mumbai

Subject : Direct Taxation

Acts : Finance Act, 1975 - Sections 2(8)

Reported in : (1995)123CTR(Bom)256; [1995]211ITR557(Bom)

of goods within the meaning of the definition of an industrial company under section 2(8) (c) of the Finance Act, 1975 ?' 2. The assessee is a private limited company. This reference pertains to the assessment year 1975-76, … year 1975-76, the corresponding previous year being the year ended on September 30, 1974. Prior to March 23, 1972, apart from other activities, the assessee was engaged in the business of manufacturing and selling various kinds of … income of the previous year (as computed before making any deduction under Chapter VI-A of the Income-tax Act) is not less than fifty-one per cent. … Finance Act, 1975. Hence, this reference at the instance of the assessee. 4. We have heard learned counsel for the assessee. Section 2(8) (c) of

income-tax Officer Vs. R. Sivaraman

Court : Income Tax Appellate Tribunal ITAT Madras

Subject : Direct Taxation

Reported in : (1989)31ITD338(Mad.)

was an industrial company as defined in Section 2(6) (c) of the Finance (No.2) Act, 1971 and the Finance Act, 1972. Held that the assessee was not an 'industrial company' and was not entitled to be taxed at the … activities included in its total income or the previous year (as computed before making any . deduction under Chapter VI-A of the Income-tax Act) is not less than fifty-one per cent of such total income; (ii) 'project'

Commissioner of Income Tax – Ii, Lucknow Vs. Ms. Lucknow Public Educ ...

Court : Allahabad

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Section 142A, 12A, 55A, 69B, 131 (1) (d); Societies Registration Act, 1860 -

the retrospective effect of the provisions of Section 142A of the Act? Section 142A was inserted by the Finance Act, 2004 with retrospective effect from November 15, 1972. The High Court, after considering various judgments, was of the … provision being Section 55A to ascertain the fair market value of a capital asset for the purposes of Chapter IV. The issue as whether the Valuation Officer under Section 55A of the Act could be appointed for valuation

State of A.P. Vs. National thermal Power Corporation Ltd. and ors.

Court : Supreme Court of India

Subject : Sales TaxConstitution

Acts : Constitution of India - Articles 132, 139A, 145, 245, 248, 269, 269(1), (3), 286, 286(1), (2), 287, 288, 366 and 366(12); Andhra Pradesh Electricity Duty Act, 1939 - Sections 2, 3, 3(1) and 6; Central Provinces and Berar Electricity Duty Act, 1949; Madhya Pradesh Electricity Duty Act, 1949; Madhya Pradesh Upkar Adhiniyam, 1981; Constitution of India (Sixth Amendment) Act, 1956; Central Sales Tax Act, 1956; Indian Electricity Act, 1910 - Sections 39

Reported in : AIR2002SC1895; JT2002(Suppl1)SC254; 2002(4)SCALE7; (2002)5SCC203; [2002]3SCR278; [2002]127STC280(SC)

it has been noticed in details in a recent Constitution Bench decision of this Court in 20th Century Finance Corporation Ltd. and Anr. v. State of Maharashtra - : AIR2000SC2436 and earlier in Shiv Dutt Rai Fateh … by a dealer in the course of inter-State trade or commerce. However, by the Central Sales Tax (Amendment) Act, 1972, which came into force with effect from 1.4.1973, the language of Section 6 was suitably amended so as … claims, stocks, shares and securities. Section 3 of the Act, placed in Chapter II thereof, provides as under:-CHAPTER IIFORMULATION OF PRINCIPLES FORDETERMINING WHEN A SALE … filed pursuant to the certificate so granted by the High Court. On 4.10.1991, a bench of two learned Judges directed the appeal to be placed

Addl. Commissioner of Income-tax Vs. Indian Pharmaceuticals

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 263, 271 and 271(1)

Reported in : [1980]123ITR874(MP)

word 'assessment', their Lordships of the Supreme Court observed (at page 429):' A review of the provisions of Chapter IV of the Act sufficiently discloses that the word 'assessment' has been used in its widest connotation in that … certain other sections in the sense of machinery for imposing liability and procedure in that behalf. By the Finance Act, 1950, the Hyderabad Income-tax Act was expressly kept alive in respect of periods which include the assessment year

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].; … 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, financial institutions and intermediaries. Chapter V is in respect of steps … 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

income-tax Officer Vs. M.A. Chidambaram

Court : Income Tax Appellate Tribunal ITAT Madras

Subject : Direct Taxation

Reported in : (1985)14ITD411(Mad.)

from other sources' and not under any other head.3. This section was inserted in the Act by the Finance Act, 1972 with effect from 1-4-1972. The Finance Act, 1972 introduced substantial modification mainly of the provision contained in Section … the assessee is that under Sub-section (3), in view of the words 'subject to other provisions of this Chapter', the assessee would be entitled to first set off the loss against other income and only the balance … from other sources', it would fall within the provision contained in Section 4(3)(vii) of the Income-tax Act, 1922 or 10(3) of the 1961 Act. It

All Gujarat Federation of Tax Consultants and ors. Vs. Central Board o ...

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 9, 44AA, 116 and 194

Reported in : [1995]214ITR276(Guj)

for deduction of tax from payments to contractors and sub-contractors. Section 194C was brought into existence by the Finance Act, 1972, with effect from April 1, 1972. Various amendments have been made in that section since then up to … payment is in the nature of salaries which is chargeable under the head of income 'A. Salaries' in Chapter IV of the Income-tax Act, 1961, shall not be covered by section 194C. (ii) The term 'transport contracts' would,

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 … Stake Money in respect of Trainers and Jockeys from the horse owners." 4. I have heard the arguments of Sriyuths S S Naganand, K.P.Kumar, learned