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Amara Kondaiah Vs. Income-tax Officer, C-ward and anr.

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24); Constitution of India - Article 246; Finance Act, 1972

Reported in : [1977]106ITR73(AP)

petition. 2. Prior to 1st April, 1972, winnings in horse races were not eligible to income-tax. By the Finance Act, 1972, Clause (ix) was added to Section 2(24) of the Income-tax Act, 1961, which defines 'income'. Now, according to

Madura Coats Ltd. Vs. Assistant Collector of Central Excise and ors.

Court : Chennai

Subject : Excise

Acts : General Clauses Act, 1897 - Sections 6 and 24; Companies Act, 1913 - Sections 3; Mines Act, 1923 - Sections 29; Mines (Amendment) Act, 1952 - Sections 57 and 58; Companies Act, 1956 - Sections 10 and 75; Finance Act, 1972 - Sections 64; Arms Act, 1878 - Sections 15

Reported in : 1979CENCUS17D; 1978(2)ELT511(Mad)

of the powers conferred by Rule 8(1) of the Central Excise Rules, 1944.2. By Section. 64(c) of the Finance Act 1972, the Central Excise item No. 18 was amended and a new Tariff item No. 18-E was introduced. Varieties … dated 1.4.1965. The learned counsel for the petitioner submits that the respondents have completely overlooked the provision in Section 24 of the General Clauses Act, 1897, and that in the case of repeal and re-enactment of a statute,

Commissioner of Income-tax, Madras Vs. G.R. Karthikeyan

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Constitution of India; Income Tax Act, 1961 - Sections 10(3), 2(24), 23(2) and 256(1); Finance Act, 1972 - Sections 74(A); Finance Act, 1986; Indian Income Tax and Excess Profits Tax (Amendment) Act, 1947; Indian Income Tax Act, 1922 - Sections 12(B); Government of India Act, 1935

Reported in : AIR1993SC1671; (1993)112CTR(SC)302; [1993]201ITR866(SC); JT1993(3)SC174; (1993)2MLJ82(SC); 1993(2)SCALE588; 1993Supp(3)SCC222; [1993]3SCR328

rope in windfalls from lotteries, races and card games etc.(c) Section 74(A) which too was introduced by the Finance Act, 1972 supports the said view. Section 74(A) provides that any loss resulting from any of the sources mentioned therein … the constitutional right, because, the Article is concerned only with giving protection to personal liberty. [241 H-242 C, 244 B-C]. The Act does not give any power to deprive any one of his personal liberty either by

Director of State Lotteries Vs. Assistant Commissioner of Income-tax a ...

Court : Guwahati

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24), 28 and 194B; Finance Act, 1972

Section 2(24) of the Income-tax Act. Sub-clause (ix) of Section 2(24) of the Act was inserted by the Finance Act, 1972, which brought the winnings from lotteries within the purview of the Act. Section 2(24)(ix) runs thus : '(ix)

Commissioner of Income-tax Vs. Chaman Lal

Court : Punjab and Haryana

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24), 5(1), 10(3), 56(2), 194B and 276B; Finance Act, 1972

Reported in : [1985]156ITR245(P& H)

income chargeable to income-tax in India under Sections 10(3)/56(2)(ib)/2(24)(ix) of the I.T. Act, 1961, as amended by the Finance Act, 1972? (2) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in … Gokal Chand Mittal, J.1. Under Section 256(1) of the I.T. Act, 1961, (hereinafter referred to as 'the Act'), the ITAT (Chandigarh Bench) has referred

M.A.A. Raoof Vs. Income-tax Officer, Company Circle Ii(6), Madras and ...

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24) and 203; Finance Act, 1972

Reported in : [1985]152ITR228(Mad)

and second respondents, respectively, brought to my notice the subsequent charges that were brought into effect by the Finance Act 1972, with effect from April 1, 1972. By the said Amending Act,the Finance Act, 1972, in the definition section

Commissioner of Income-tax Vs. Ramdeo Samadhi

Court : Rajasthan

Subject : Direct Taxation

Acts : Income Tax Act - Sections 2(24) and 256(1); Finance Act, 1972; Finance Act, 1980

Reported in : (1986)50CTR(Raj)61; [1986]160ITR179(Raj); 1985(2)WLN161

types have been enumerated. It may be stated that Sub-clause (ii)(a) in Section 2(24) was inserted by the Finance Act, 1972, with effect from April 1, 1973, and Sub-clauses (iva) and(ix) were inserted by the Finance (No. 2) Act,

Commissioner of Income Tax Vs. A.U. Chandrasekharan and ors.

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24) and (31), 3, 56(2) and139(2); Finance Amemdment Act, 1972 - Sections 2

Reported in : 1997(1)CTC597; [1998]229ITR406(Mad)

of the expression 'income' in cl. (24) of s. 2 of the Act has been amended by the Finance Act, 1972, w.e.f. 1st April, 1972. Sub-cl. (ix) has been added to the definition. After this amendment, the expression 'income' … two or more persons join in a common purpose or common action, and as the words occur in section, which imposes a tax on income, the association must be one, the object of which is to produce

The Commissioner of Income Tax Vs. the Deputy Director of Small Saving ...

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act - Sections 2(24), 194B, 201 and 201(1A); Finance Act, 1972; Finance Act, 2001; Betting, Gaming and Lotteries Act, 1963 - Sections 41

Reported in : (2004)187CTR(Mad)562; [2004]266ITR27(Mad)

shall, before releasing the winnings, ensure that tax has been paid in respect of the winnings.'6. By the Finance Act, 1972, which introduced Section 194B, a new sub-clause (ix) was introduced in the definition of 'income' in Section 2(24)

B.K. Suresh Vs. Income Tax Officer

Court : Karnataka

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24), 10(3), 143(1), 194B and 260A; Finance Act, 1972; Finance Act, 2001

Reported in : (2009)221CTR(Kar)80

within the definition of lottery.8. Section 194B of the Act was amended w.e.f. 1st April, 1972 by the Finance Act, 1972. It introduced Section 194B, a new Sub-clause (ix) was introduced in the definition of 'income' in Section 2(24)