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Jamnaprasad Kanhaiyalal Vs. Commissioner of Income Tax, M.P., Bhopal

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 68, 139, 256 and 257; Voluntary Disclosures of Income and Wealth Act, 1976 - Sections 18; Indian Income Tax Act, 1922; Finance Act, 1965 - Sections 24, 24(1), 24(3), 24(6) and 24(8)

Reported in : AIR1981SC1759; (1981)23CTR(SC)146; [1981]130ITR244(SC); (1981)3SCC441; [1981]3SCR849

any room for doubt, the legislature has introduced Section 18 in the Voluntary Disclosures of Income and Wealth Act, 1976 (Act No. 8 of 1976) which specifically provides that save as otherwise provided in the Act, nothing contained … declarant is a company, at the rates specified in Paragraph F,of Part I of First Schedule to the Finance Act (X of 1965) as if such amount were the total income of the declarantSub-section (8) on which strong

CochIn University of Science and Technology and anr. Vs. Thomas P. Joh ...

Court : Supreme Court of India

Subject : Constitution

Acts : Cochin University of Science and Technology Act, 1976 - Sections 18; Constitution of India - Article 14

Reported in : AIR2008SC2931; 2008(6)ALLMR(SC)964; 2008(56)BLJR1866; JT2008(7)SC76; 2008(2)KLT718(SC); (2009)1MLJ1306(SC); RLW2009(1)SC1; 2008(9)SCALE21; (2008)8SCC82; 2008AIRSCW4919; 2008(3)LH(SC)2035

fee had been fixed by the Syndicate under Section 18 of the Cochin University of Science and Technology Act, 1976 and not by any committee.14. We therefore, find that the judgment of the Division Bench of the High … allowed to continue as to make a change midway would lead to a complete break down of the finances of the University. The Division Bench of the High Court observed that two questions arose for consideration:(1) Is

Ambica Mills Ltd. Vs. Commissioner of Surtax

Court : Gujarat

Subject : Direct Taxation

Acts : Companies (Profits) Surtax Act, 1964 - Sections 13 and 18 - Schedule - Rule 2; Finance Act, 1976 - Sections 2(8)

Reported in : (1994)118CTR(Guj)466; [1994]206ITR699(Guj)

under the Companies Deposits (Surcharge on Income-tax) Scheme, 1976. As per the provisions of section 2(8) of the Finance Act, 1976, the surcharge on income-tax payable by the company in a case where the amount of deposit made with … Ahmedabad Bench, has referred for the opinion of the High Court, the following questions under the provisions of section 18 of the Companies (Profits) Surtax Act, 1964 (hereinafter referred to as 'the Act'), read with section 256(1) of

Engineering Analysis Centre Of Excellence Private Limited Vs. The Comm ...

Court : Supreme Court of India

Subject : Direct Taxation

invention, model, design, secret formula or process or trade mark or similar property ; 15 Inserted by the Finance Act 1976 (66 of 1976), sec 4(b) (w.e.f. 1-6-1976). 30 (iv) the imparting of any information concerning technical, industrial, commercial … to royalty and as this was so, the same constituted taxable income deemed to accrue in India under section 9(1)(vi) of the Income Tax Act, 1961 [“Income Tax Act”]., thereby making it incumbent upon all such persons … order dated 25.11.2005, in which the ITAT followed its previous order dated 18.02.2005, passed in Samsung Electronics Co. Ltd. v. Income Tax Officer, ITA Nos.

Test Claimants in the Franked Investment Income Group Litigation Vs. C ...

Court : UK Supreme Court

Subject : Land Acquisition

such cases: para 260. It was not open to the Revenue to rely on section 320 of the Finance Act 2004 ("Section 320 FA 2004") or section 107 of the Finance Act 2007 ("Section 107 FA 2007") to … the system of advance corporation tax ("ACT") and to the taxation of dividend income from non-resident sources under section 18 (Schedule D, Case V) of the Income and Corporation Taxes Act 1988 ("the ICTA") ("the DV provisions"). The

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 … by the Tribunal had filed Central Excise Appeal no.116 of 2010 before this Court. By an order dated 18.11.2010 passed by this Court while admitting the appeal filed by the appellant, directed the Tribunal to dispose of

Farrukhabad GramIn Bank Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Agra

Subject : Direct Taxation

Reported in : (2006)103ITD207Agra

of the Hon'ble apex Court in the case of Bank of India Finance Ltd. v. Custodian 10 SSC 488, that investment in Government securities are … stating that the investments mentioned in the assessment order are not in accordance with the provisions of RRB Act, 1976. 5. That the authorities below have erred on facts and in law in taxing the income from SLR … was limited to urban and semi urban centers only. The bank's objective was to discharge the responsibilities under Section 18(2)(a) and (b) of RRB Act, 1976 by extending credit facilities through implementation of various Government sponsored schemes for

Andhra Pradesh Paper Mills Ltd. Vs. Asstt. Collector of Central Excise ...

Court : Andhra Pradesh

Subject : Excise

Acts : Central Excise Rules, 1944 - Rules 8, 8(1), 8(2) and 173B; Central Excise Act, 1944 - Sections 2, 3, 3(1), 4, 37 and 37(2)

Reported in : 1985(4)ECC289; 1984(17)ELT300(AP)

Prior to 16-3-1976, poster paper was being assessed to excise duty under Item 17, sub-item (3). 5. By Finance Act 2 of 1976, Tariff Item 17 was amended as follows : '17. Paper and paper board, all sorts … Act, 1944, manufactures different varieties of paper including 'poster paper' which are excisable goods within the meaning of Section 2(d) of the Central Excise Act. Section 2(d) defines excisable goods as meaning 'goods' specified in the First … that the levy of excise duty on poster paper from 16-3-1976 to 18-6-1980 was not valid, and that the poster paper became liable to excise

Geo Seafoods Vs. Additional Sales Tax Officer Iv and anr.

Court : Kerala

Subject : Sales Tax

Acts : Kerala General Sales Tax Act, 1963 - Sections 17 and 17(6); Finance Act, 1993; Kerala General Sales Tax Rules, 1963 - Rule 32(21)

Reported in : [2000]119STC236(Ker)

before it was amended, ended on March 31, 1956, It is true that under the amending Act by Section 18 of the Finance Act, 1956, authority was conferred upon the Income-tax Officer to assess a person as an … of the assessments, then the entire assessments will be bad and likely to be struck down. By the Finance Act, 1993, the Legislature amended Section 17 of the Act and included Section 17(6). under Section 17(6), the maximum … it is stated that the accounts for the years from 1974-75 to 1976-77 were with the Income-tax Department as a result of search and seizure

Laherchand Dhanji Vs. Commissioner of Income-tax

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 24, 28 and 68

Reported in : [1995]213ITR145(Bom)

Lal : [1984]145ITR183(SC) : 'This court has expressly observed that there is nothing in section 24 of the Finance Act which prevents the Income-tax Officer, if he were not satisfied with the explanation of the assessee about the … having made a disclosure of the amount of Rs. 25,000 under the Voluntary Disclosure of Income and Wealth Act, 1976, it was not open to the Income-tax Officer to examine the genuineness of the said amount in the … the benefits of this Act to persons other than 'the declarant', the Legislature itself has specifically declared in section 18 of the said act that 'nothing contained therein shall be construed as conferring any benefit, concession or immunity