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Sep 08 1995

Commissioner of Income-tax Vs. M. Manickasundaram

Court : Chennai

Decided on : Sep-08-1995

Subject : Direct Taxation

Acts : Finance Act, 1975 - Schedule I - Rule 7; Income Tax Act, 1961 - Sections 2, 2(23), (39) and (48), 67, 139, 139(8), 183, 184, 184(7), 185, 185(1), 215, 246 and 256

Reported in : [1996]220ITR133(Mad)

regard to the provisions of rules 5 and 7 in Part IV of the First Schedule to the Finance Act, 1975, the Appellate Tribunal was right in holding that the assessee's share of loss from a firm, known as … and 'registered firm' have the same meaning as defined under the Act). 8. We have considered the rival submissions. But, we are unable to accept … Abdul Hadi, J.1. All these tax cases references under section 256 of the Income-tax Act, 1961 (hereinafter referred to as 'the Act'), relate to the same assessee. Tax

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Sep 01 1993

Commissioner of Income-tax Vs. Maharashtra Extraction Pvt. Ltd.

Court : Mumbai

Decided on : Sep-01-1993

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 104, 104(4) and 263; Finance Act, 1975 - Sections 2(8)

Reported in : [1994]209ITR41(Bom)

in fact it was, within the meaning of the said expression used in section 2(8) (c) of the Finance Act, 1975, section 104(4) of the Income-tax Act, 1961, was clearly attracted. Section 104(4) of the Income-tax Act provides that section

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Nov 15 1994

Commissioner of Income-tax Vs. London Star Diamond Co. (i) Ltd.

Court : Mumbai

Decided on : Nov-15-1994

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80J; Finance Act, 1975 - Sections 2(8)

Reported in : [1995]213ITR517(Bom)

law in holding that the assessee was an industrial company within the meaning of section 2(8) of the Finance Act, 1975 ?' 2. This reference pertains to the assessment year 1975-76. The assessee is a limited company which deals

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Sep 10 1997

Commissioner of Income-tax Vs. Talwar Khuller (P.) Ltd.

Court : Allahabad

Decided on : Sep-10-1997

Subject : Direct Taxation

Acts : Finance Act, 1975 - Sections 8

Reported in : (1998)149CTR(All)117; [1999]235ITR70(All)

assessee, a private limited company, is an 'industrial company' as defined by Section 8, Clause (c), of the Finance Act, 1975.3. The facts, as found by the Appellate Tribunal, are that the assessee-company got manufactured various articles of

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Oct 16 1984

Aluminium Industries Ltd. Vs. Union of India (Uoi)

Court : Kerala

Decided on : Oct-16-1984

Subject : Customs

Acts : Customs Tariff Act, 1975 - Sections 2 and 3; Finance Act, 1981 - Sections 47; Customs Act, 1962 - Sections 2(11), 2(12), 2(23), 2(27), 2(28), 7, 8, 12, 14, 15, 15(1), 16, 17, 25, 25(1), 29, 30, 31, 32, 33, 34, 45, 46, 47, 48, 68, 106, 110, 111, 113 and 115; Finance Act, 1980 - Sections 4(4) and 47; Customs Act, 1886; Customs Tariff Act, 1894; Sea Customs Act, 1878 - Sections 37, 57 and 86; Customs Rules; Customs Regulations

Reported in : 1985(4)ECC1; 1985LC554(Kerala); 1999(110)ELT474(Ker)

48, 68, 106, 110, 111, 115; Finance Act, 1980, Section 4(4); Finance Act, 1981, Section 47; Customs Tariff Act, 1975, Section 3 ; Countervailing Duty; Notfn. Nos. 176/79-CUS., 186/79-CUS, 41/80-CUS., 75/81-CUS., 76/81-CUS. - Import of Aluminium Ingots--Bate of Duty … in the customs port and under the supervision of the Customs Officer (Sections 33 and 34 read with Section 8). All imported goods unloaded in a customs area have to remain in the custody of an authorised person

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Jan 25 2005

Commissioner of Sales Tax, Delhi and ors. Vs. Shri Krishna Engg. Co. a ...

Court : Supreme Court of India

Decided on : Jan-25-2005

Subject : Sales Tax

Acts : Delhi Sales Tax Act, 1975 - Sections 2, 3, 3(3), 4, 4(2), 7, 8, 9(2), 18(1), 21, 22, 43, 43(5), 71, 71(1), 71(2) and 72; Delhi Sales Tax Rules, 1975 - Rules 7, 8, 8(4) and 9; Bengal Finance (Sales Tax) Act, 1941

Reported in : AIR2005SC958; 117(2005)DLT147(SC); JT2005(1)SC563; (2005)2SCC692; [2005]139STC457(SC)

twelve months prior to the date of registration of the dealer and subjected to tax under the Bengal Finance (Sales Tax) Act, 1941, as it was then in force, or under this Act(v) sale to a registered … the Delhi Sales Tax Act, 1975 and the Rules made thereunder :(i) That under the Delhi Sales Tax Act 1975, Section 3 is the charging Section, it provides for the incidence of tax. It is laid down that every … writ of certiorari or any other writ, order or direction quashing Rule 8(4)(c) which is ultra vires to the provisions of Section 4(2)(a)(v) of the

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Nov 10 1994

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

Court : Mumbai

Decided on : Nov-10-1994

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, the

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Apr 27 1979

National Planning and Construction Ltd. Vs. Commissioner of Income-tax

Court : Kolkata

Decided on : Apr-27-1979

Subject : Direct Taxation

Acts : Finance Act, 1974 - Section 2(8); ;Finance Act, 1975

Reported in : [1980]122ITR197(Cal)

is an ' industrial company ' within the meaning of Section 2(8)(c) of the Finance Acts, 1974 and 1975, and as such liable to be taxed at a concessional rate.2. The facts found and/or admitted in the … the hearing Dr. Debi Pal, learned counsel for the assessee, drew our attention to Section 2(8)(c) of the Finance Act, 1974, which reads as follows :' (c) ' Industrial company ' means a company which is mainly engaged

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Dec 09 1983

Koshy's Private Limited Vs. Commissioner of Income-tax, Karnataka

Court : Karnataka

Decided on : Dec-09-1983

Subject : Direct Taxation

Acts : Income Tax Act - Sections 80J; Finance Act, 1975 - Sections 2(8)

Reported in : (1985)43CTR(Kar)175; [1985]154ITR53(KAR); [1985]154ITR53(Karn); [1984]18TAXMAN481(Kar)

the applicant could not be treated as an industrial company within the meaning of section 2(8)(c) of the Finance Act, 1975 ?' 2. The assessee is a private limited company. For the assessment year 1975-76, it had income from

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Feb 14 1991

Geep Flashlight Industries Ltd. and ors. (Since Changed to Geep Indust ...

Court : Allahabad

Decided on : Feb-14-1991

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 40A(8); Constitution of India - Articles 14, 19 and 226; Interest Tax Act, 1974

Reported in : [1996]218ITR638(All)

validity of Sub-section (8) of Section 40A of the Income-tax Act, 1961. The sub-section was inserted by the Finance Act, 1975, with effect from April 1, 1976, and omitted by the Finance Act, 1985, with effect from April 1,

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