Advanced Search Results

Bhola Nath Kesari Vs. Director of State Lotteries and ors.

Court : Allahabad

Subject : Direct Taxation

Acts : Constitution of India - Article 82; ;Income Tax Act, 1961 - Sections 6 and 10(3); Income Tax Act, 1922 - Sections 4(3); Finance Act, 1972

Reported in : [1974]95ITR171(All)

from lotteries used to be exempt from Income-tax as being receipts of casual and non-recurring nature. By the Finance Act, 1972, certain amendments were made to the Income-tax Act, 1961, as a result of which the winnings from lotteries … 22 of 1947), Section 5 whereof added ' capital gains ' as the sixth source of income in Section 6 of the Income-tax Act, 1922, and enlarged the definition of the word ' income ' in Section 2(6C)

Commissioner of Income-tax Vs. Rajmohan Cashews (P.) Ltd.

Court : Kerala

Subject : Direct Taxation

Acts : Finance Act, 1972 - Sections 2(6)

Reported in : [1990]185ITR472(Ker)

right in holding that the assessee was an industrial company within the meaning of Section 2(6)(c) of the Finance Act, 1972 ?'2. Section 2(6)(c) of the Finance Act, 1972, provides : ... (6) For the purposes of this section

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 … 1959, as one issued under Section 4 of the new Act by virtue of the combined effect of Section. 6 and 24 of the General Clauses Act.10. Though the Tariff Rate in relation to the hard waste was

Minocha Bros. Pvt. Ltd. Vs. Commissioner of Income Tax

Court : Supreme Court of India

Subject : Other Taxes

Acts : Finance Act, 1971 - Sections 2(6); Finance (Amendment) Act, 1972

Reported in : (1994)116CTR(SC)476; [1993]204ITR628(SC); 1994Supp(2)SCC694

Other Taxes - lower rate of tax - Section 2 (6) of Finance Act, 1971 and Finance (Amendment) Act, 1972 - assessee engaged in construction of buildings manufactured window, doors and shutters and other goods - assessee claimed … :The question as to the exact meaning of the Explanation to Sub-section 7(d) of Section 2 of the Finance Act, 1966, came up for consideration and the Board are advised that an 'Industrial company' would mean-(i) A company

Commissioner of Income-tax Vs. Rajamohan Cashews Ltd.

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 43(5); Finance Act, 1972 - Sections 2(6); Finance (No. 2) Act, 1977 - Sections 2(7)

Reported in : (1989)78CTR(Ker)151; [1991]187ITR670(Ker)

25, 1986, held that the respondent-assessee is an industrial company within the meaning of Section 2(6)(c) of the Finance Act, 1972. The Appellate Tribunal has also found that the nature of the operations carried on by the assessee-company is

State of West Bengal and ors. Vs. Anil Krishal Paul

Court : Kolkata

Subject : Sales Tax

Acts : Bengal Finance (Sales Tax) Act, 1941 - Section 6; ;West Bengal Sales Tax Act, 1954 - Section 25; ;Taxes on Entry of Goods into Calcutta Metropolitan Area Act, 1972

Reported in : [1993]88STC337(Cal)

challenging the levy and collection on 'gudakhu' or 'gurakhu' under the Bengal Finance (Sales Tax) Act, 1941, the West Bengal Sales Tax Act, 1954 and … the West Bengal Sales Tax Act, 1954 and the Taxes on Entry of Goods into Calcutta Metropolitan Area Act, 1972 (hereinafter referred to as 'the 1941 Act, the 1954 Act and the Entry Tax Act', respectively) and the … a tobacco product. If it is a tobacco product, it will be exempt under the 1941 Act, Under Section 6 of the 1941 Act, no tax is payable on the sale of goods referred to in Schedule I.

Commissioner of Income-tax, Delhi-i Vs. Minocha Brothers P. Ltd.

Court : Delhi

Subject : Direct Taxation

Acts : Finance Act, 1971 - Sections 2(6); Finance Act, 1972 - Sections 2(6); Income Tax Act, 1961 - Sections 84 and 256(1); Wealth Tax Act, 1957 - Sections 45

Reported in : (1986)52CTR(Del)346; [1986]160ITR134(Delhi)

was only ancillary to the construction activity of the assessed and, hence, the concessional rate specified in the Finance Act, 1964, was not applicable in relation to super-tax. 8. In CIT v. M. R. Gopal : [1965]58ITR598(Mad) , … the Income-tax Act, 1961, to this court raising identical questions of law for the assessment years 1971-72 and 1972-73. The assessed is a private limited company engaged in the business of construction of buildings. The short point … J.1. By a common statement of case, reference has been made under section 256(1) of the Income-tax Act, 1961, to this court raising identical questions … be charged at 55%, but the Income-tax Officer imposed the tax at 65% as in the past. According to the assessed, various manufacturing processes were

Union of India (Uoi) and anr. Vs. Azadi Bachao Andolan and anr.

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 4, 5, 6, 7, 10(1), 44, 51, 73, 90, 115A, 116, 119, 119(1), 119(2), 245O, 245S and 245R; Companies (Profits) Surtax Act, 1964; Evidence Act; Income Tax Act, 1922 - Sections 49A; Finance Act, 1972; Finance Act, 1991 - 90(1) and 90(2); Constitution of India - Articles 1, 2(2), 3, 4, 4.1, 4(3), 10, 11, 12, 13, 13(4), 14, 15, 16, 17, 18, 18(2), 20, 21, 22, 25, 28, 31B, 73 and 265; Central Excise Act, 1944 - Sections 5A; Central Sales Tax Act, 1956 - Sections 8(5); Customs Act - Sections 25; Economic Crime and Anti Money Laundering Act, 2000; Companies Act, 1984; Stock Exchange Act, 1988; Income Tax Law; Income and Corporation Taxes Act, 1970 - Sections 460; Wealth Tax Act - Sections 21(2)

Reported in : (2004)1CompLJ50(SC); (2003)184CTR(SC)450; [2003]263ITR707(SC); JT2003(Suppl2)SC205; 2003(8)SCALE287; (2004)10SCC1

1961 was introduced, Section 90 contained therein initially was a reproduction of Section 49A of 1922 Act. The Finance Act, 1972 (Act 16 of 1972) modified Section 90 and brought it into force with effect from 1.4.1972. The object … of his global income unless he is a person who is 'not ordinarily' resident within the meaning of Section 6(b). The concept of residence in India is indicated in Section 6. Speaking broadly, and with reference to a

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 … appeals under Section 35 G of the Central Excise Act 1944 arise out of the common orders dated 6.1.2012 of the Customs, Excise and Service Tax Appellate Tribunal (Tribunal), West Zonal Bench at Mumbai ( for brevity

Dr Baliram Waman Hiray Vs. Justice B. LentIn and ors.

Court : Supreme Court of India

Subject : Criminal

Acts : Commissions of Inquiry Act, 1952 - Sections 3, 3(1), 4, 5(4), 5(5) and 6; Code of Criminal Procedure (CrPC) - Sections 195, 195(1), 195(2), 195(3) and 346; Constitution of India - Article 141; Indian Penal Code (IPC) - Sections 193 and 228; Workmen's Compensation Act - Sections 23; Payment of Wages Act - Sections 18; Indian Railways Act - Sections 40

Reported in : AIR1988SC2267; (1988)90BOMLR434; 1988(3)Crimes655(SC); [1989]176ITR1(SC); JT1988(4)SC265; 1988(2)SCALE688; (1988)4SCC419; [1988]Supp2SCR942; [1989]72STC384(SC)

the course of his submissions, he has brought to our notice the words in parenthesis added by the Finance Act, 1985 introducing the following change in Section 136 of the Income-tax Act, 1961 w.e.f. April 1,1974 from which … was the one employed in Section 34 of the U.P. Urban Buildings (Regulation of Letting, Rent & Eviction) Act, 1972 Sub-section (1) of Section 34 of that Act provides that the District Magistrate, the Prescribed Authority or any … judicial proceeding within the meaning of Sections 193 and 228 of the Indian Penal Code (45 of 1860). Section 6 provides:6.Statements made by persons to the Commission - No statement made by a person in the course of