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Principal Commissioner of Income Tax2, Kolkata Vs. National Insurance ...

Court : Kolkata

Subject : Direct Taxation

Insurance Corporation of India and the four companies formed under section 16 of the General Insurance Business (Nationalisation) Act, 1972.” Sub-clause (b) was again introduced by the Finance Act, 2009 with effect from 1st April, 2011 in the … accordance with the regulations made by Insurance Regulatory and Development Authority;” The said sub-clause was deleted by the Finance Act, 1988. The Notes on Clauses of the Finance Bill, 1988 [as reproduced in (1988)170 ITR (St.)].166 stipulated:- “The … exempted from tax. The assessee, being a general insurance company, is required to be taxed in terms of Section 44 of the Income Tax Act, 1961 read with the provisions of Rule 5 of Part B to Schedule

Federation of Hotels and Restaurants Association of India and Others V ...

Court : Delhi

Subject : Service Tax

226 of the Constitution of India is to the constitutional validity of Section 65 (105) (zzzzv) of the Finance Act 1994 (FA) whereby the provision to any person by a restaurant, by having the facility of air-conditioning in … and the property in them does not pass as movables In the Associated Hotels of India case (AIR 1972 SC 1131), the Supreme Court held that there is no sale involved in the supply of food or … or service could be for cash, deferred payment or other valuable consideration. 44. If the above three elements are present then such transfer, delivery or

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 … such activity governing 'life insurance' by virtue of the 'exclusion' under Section 44(f) of the Life Insurance Corporation Act, 1956 (LIC Act in short) and

Bangalore Turf Club Limited Vs. Union of India

Court : Karnataka

Subject : Education

contentions raised by Sri S S Naganand for petitioners and contends that for the first time by 27 Finance Act, 1972 the definition of ‘income’, in Section 2(24) of the Act was amended to include winnings from lotteries, crossword … about 67 years Residing at ‘Krishna Prasad’ Lalitha Mahal Road, Mysore-570 010. S/o Mr. Vasantharam Shetty, Aged about 44 years Residing at No.G-02, Sristi Mansion, 4th Main Road, 3 S/o late Rustomji Aged about 69 years Residing

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 … the Government/agency conducting the lotteries. Consequential amendment has also been made in section 197(1)(a) of the Income-tax Act.' 44. A reading of section 115BB would indicate that income from the activity of owning and maintaining race horses

The Chief Commissioner of Sales Tax Vs. Raj Kishan Goel

Court : Delhi

Subject : Sales Tax

Acts : Bengal Finance (Sales Tax) Act, 1941 - Sections 2; Delhi Sales Tax Rules, 1951 - Rule 10

Reported in : 21(1982)DLT15; [1982]50STC1(Delhi)

Delhi Gazette dated April 2, 1959, Amendments were made on May 28, 1972 in the Local Act by Finance Act' 1972 Section 69. Section 12-F was 'inserted' empowering the statutory authorities expressly to assess a dissolved firm. (6) The definition … the status and discontinuance of the business. The liability in case of; discontinuance was continued by force of Section 44 of the Income Tax Act, 1922. However, the power of assessment after partition of Hindu undivided family was

Commissioner of Income Tax (Ltu), New Delhi vs.oriental Insurance Comp ...

Court : Delhi

Subject : Direct Taxation

concerned ITAs 372/2015, 447/2015 and 448/2015 Page 11 of 22 with Rule 5(b) which stood omitted by the Finance Act, 1988 and was re- introduced by the Finance Act, 2009 with effect from 1st April 2011. The rationale … its stand before this Court by relying on the Circular No.528 of the CBDT instead of relying on Section 44 of the Act read with Rule 5 of the First Schedule thereto. According to Mr. Manchanda, Circular No.528 … companies formed under Section 16 of the General Insurance Business (Nationalisation) Act, 1972.33. Rule 5 in First Schedule to the Act, i.e. the provisions relating

Oriental Insurance Co. Ltd. Vs.deputy Commissioner of Income Tax

Court : Delhi

Subject : Direct Taxation

concerned ITAs 372/2015, 447/2015 and 448/2015 Page 11 of 22 with Rule 5(b) which stood omitted by the Finance Act, 1988 and was re- introduced by the Finance Act, 2009 with effect from 1st April 2011. The rationale … its stand before this Court by relying on the Circular No.528 of the CBDT instead of relying on Section 44 of the Act read with Rule 5 of the First Schedule thereto. According to Mr. Manchanda, Circular No.528 … companies formed under Section 16 of the General Insurance Business (Nationalisation) Act, 1972.33. Rule 5 in First Schedule to the Act, i.e. the provisions relating

Harijander Singh Vs. Selection Committee, Kakatiya Medical College, Wa ...

Court : Andhra Pradesh

Subject : Constitution

Acts : Constitution of India - Article 226; Osmania University Act, 1959 - Sections 44 and 44(3)

Reported in : AIR1975AP35

but also by the subordinate legislation in the form of statutes, ordinances or regulations made by the University.12. Section 44 of the Act empowers the Senate to make statutes determining the condition of affiliation or recognition of colleges … purpose of determining in accordance with clearly formulated rules, claims to 'ex gratia payment' to be made from finances supplied by parliament by virtue of criminal violence, was not allowed to escape the judicial superintendence merely because

G. AzeemuddIn and ors. Vs. Jawaharlal Nehru Technology University, Hyd ...

Court : Andhra Pradesh

Subject : Service

Reported in : 2002(3)ALD268

Matched in: Advocate K. Venkat Rao, Adv. R. Subhash Reddy, Adv. and ;Government Pleader for ;Finance and Planning