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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 … urged that the new tax would fall, if at all, under entry 62 of List II of the Seventh Schedule (hereinafter referred to as the … gambling and betting also became taxable. The following amendments were made in the Income-tax Act, 1961. 4. In Section 2(24), which defines ' income ', a new Clause (ix) was added reading as under:' 2(24)(ix). Any winnings

Harbans Lal (Dead) Vs. Sales-tax Officer

Court : Delhi

Subject : Sales Tax

Acts : Bengal Finance (Sales Tax) Act, 1941 - Sections 11

Reported in : ILR1977Delhi212

10, 1959 as it was not there in the rules originally framed. (9) On May 28, 1972, the Finance Act 1972 received the assent of the President. S. 69 of that Act amended the Bengal Sales-tax Act as enforced … of that Act amended the Bengal Sales-tax Act as enforced in Delhi by introducing a set of new sections beginning from 12A to 12F. S. 12C contains the principle of joint and several liability of the partners

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 … the State legislature that is competent to levy tax on income from winnings in horse races under entry 62 in List II of the Seventh Schedule of the Constitution of India. 4. So, the question for our

R.B. Shreeram Religious and Charitable Trust Vs. Commissioner of Incom ...

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 11, 11(1), 12, 12(1), 12(2), 13 and 139; Finance Act, 1972

Reported in : (1988)73CTR(Bom)145; [1988]172ITR373(Bom)

section 12(1) of the Income-tax Act, 1961, as it stood at the material time (before amendment by the Finance Act, 1972) referred only to income derived from the voluntary contributions and not to the voluntary contributions themselves, and as

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 … and Industries Ltd. and Anr. Vs. Commissioner of Central Excise and Anr., ((2002) 7 Supreme Court Cases 29 62. Mittal Engineering Works (P) Ltd. Vs. Collector of Central Excise, Meerut, ((1997) 1 Supreme Court Cases 203 63.Commissioner

Commissioner of Income-tax Vs. Lake Palace Hotels and Motels Pvt. Ltd.

Court : Rajasthan

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 32, 32(1A) and 32(2),

Reported in : [1997]226ITR561(Raj)

table was changed on the basis of general rates or special rates.11. Section 32(1)(v) was added by the Finance Act (No. 2) of 1967, and remained in operation for the assessment years 1968-69 to 1987-88 and initial depreciation … fixtures.23. In IRC v. Barclay,. Curie and Co. Ltd. [1970] 76 ITR 62 it was held by the House of Lords that the expenditure incurred … the taxpayers owned and managed a large number of hotels and licensed premises in Scotland and England. In 1972-73, they decided that to maintain or increase their turnover they ought to brighten and modernise the facilities offered

Hindustan Trading Corporation Vs. Commissioner of Income-tax

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 10, 10(3), 28 and 45

Reported in : (1986)57CTR(Guj)114; [1986]160ITR15(Guj)

that amount cannot be included in the total income of the assessee. Prior to its substitution by the Finance Act, 1972, with effect from April 1, 1972, clause (3) of section 10 read as under : 'any receipts which

C. Balasubramanian Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Subject : Direct Taxation

Reported in : (1986)16ITD569(Mad.)

defined in Sub-clause (ix) of Clause (24) of Section 2 of the Act, which was introduced by the Finance Act, 1972 with effect from 1-4-1972. Section 57 deals with deductions which should be made while computing the income from

Vijay Madanlal Choudhary Vs. Union Of India

Court : Supreme Court of India

Subject : Land Acquisition

proceeds of crime is involved in money-laundering.” 371 The Standing Committee of Finance then made some recommendations as follows: “The Committee recommend that the prescribed … 617 Central Legislations:- Section 36AC of Drugs and Cosmetics Act, 1940; Section 51A of the Wild Life (Protection) Act, 1972; Section 6A of the Suppression of Unlawful Acts against Safety of Civil Aviation Act, 1982; Section 15 Terrorist Affected … authorised officer is found to be vexatious, he can be proceeded with and inflicted with punishment specified under Section 62 of the 2002 Act. The safeguards to be adhered to by the jurisdictional police officer before effecting arrest

Union of India & Others versus Future Gaming Solutions Pvt. Ltd. & ...

Court : Supreme Court of India

Subject : Land Acquisition

Reported in : [2025]2S.C.R.756; (2025) 5 SCC 906

pertains to the correctness of the judgments of the High Court setting aside various amendments made to the Finance Act, 1994; and whether sole distributor/purchaser of the lottery tickets is liable to pay service tax on the sale … 130 : (1983) 4 SCC 45; Union of India v. HS Dhillon [1972] 2 SCR 33 : AIR 1972 SC 1061; B.R. Enterprises v. State of UP [1999] 2 SCR 1111 : (1999) 9 SCC 700; R.M.D. … conducting of a lottery is regulated under Entry 34-List II, with Entry 62-List II being the taxation entry - Constitution of India - Finance Act, … category of taxable services, namely “Business Auxiliary Service,” under sub-section (19) of Section 65, effective from 01.07.2003. Pursuant to this amendment, the Service Tax Department