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Commissioner of Income-tax Vs. Boots Company (i.) Limited

Court : Mumbai

Subject : Direct Taxation

Acts : Companies (Profits) Surtax Act, 1964 - Schedule - Rules 1 and 4; Finance Act, 1976 - Sections 2 and 2(8); Income Tax Act - Sections 80J

Reported in : (1994)120CTR(Bom)85; [1995]214ITR175(Bom)

that the assessee availed of the option given to it under Sub-section (8) of Section 2 of the Finance Act, 1976, and deposited the amount with the Industrial Development Bank of India ('IDBI') as contemplated therein in lieu of … unless the assessee produces evidence of the fact of the payment of the aforesaid tax in that country.' Section 4 of the Income-tax Act, which deals with the charge of income-tax, provides that- 'Where any Central Act enacts

State of Kerala Vs. Aravind Ramakant Modawdakar and ors.

Court : Supreme Court of India

Subject : Motor Vehicles

Acts : Kerala Motor Vehicles Taxation Act, 1976; Kerala Finance Act, 1994(Amended) - Sections 4, 22 and 74; Constitution of India - Article 14 - Sections 3

Reported in : AIR1999SC2970b; JT1999(5)SC588; 1999(3)KLT115(SC); 1999(4)SCALE680; (1999)7SCC400

the Schedule to the Kerala Motor Vehicles Taxation Act, 1976, as amended by Section 4 of the Kerala Finance Act, 1994 (hereinafter referred to as 'the Act') whereby the State had enhanced the rate of quarterly tax in

Indian Aluminum Company Ltd. and anr. Vs. Union of India (Uoi) and ors ...

Court : Delhi

Subject : Excise

Acts : Companies Act, 1956; Essential Commodities Act, 1955 - Sections 3; Central Excise Act, 1944 - Sections 4; Finance Act, 1976 - Sections 36, 36(1) and 36(5); Finance Act, 1977; Finance (No. 2) Act, 1977; Central Excise Rules, 1944 - Rules 8, 8(1), 52A, 56A and 173G(2); Constitution of India - Article 226; Aluminum (Control) Order, 1970

Reported in : 1993(12)ELT349(Del)

Aluminum.4. By Clause 36 of the Finance Bill, 1976, which was later replaced by Section 36 of the Finance Act, 1976, an auxiliary duty of excise equal to 20 per cent of the value of the goods as determined

Ms. the Windsor Castle, Kodimatha, Kottayam, Represented by M.O. Asram ...

Court : Kerala

Subject : Service Tax

1. Constitutional validity of the Kerala Tax on Luxuries Act 1976 (herein after referred to as the ‘KTL Act’), particularly Sections 4, 10, 15 and 16 forms the majo0r … and the scope of the statute was clarified by introducing a ‘proviso’ to Section 4(2) as per the Finance Act, 2007 w.e.f. 01.04.2007, making it clear that no luxury tax shall be payable for such charges received in

Travancore Chemical and Manufacturing Co. Ltd. Vs. Commissioner of Inc ...

Court : Kerala

Subject : Direct Taxation

Acts : Companies (Profits) Surtax Act, 1964 - Sections 4; Income Tax Act, 1961 - Sections 2(5), 2(6) and 2(8); Finance Act, 1976; Finance Act (Amendment), 1977

Reported in : [1994]206ITR118(Ker)

having regard to the decision of the Supreme Court in CIT v. K. Srinivasan : [1972]83ITR346(SC) .5. The Finance Act, 1976 (Act No. 66 of 1976), made some special provisions in relation to payment of surcharge on income-tax for … profits of the petitioner which is a company incorporated under the Companies Act. The charge of surtax under Section 4 of the Surtax Act is on the 'chargeable profits' of the previous year. 'Chargeable profits' is defined in

Gulabrai Hanumanbox Vs. Commissioner of Wealth-tax

Court : Guwahati

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 7(1) and 7(4); Finance Act, 1976; Constitution of India - Article 14

as, according to him, this section came into force with effect from April 1, 1976, as per the Finance Act, 1976. The Wealth-tax Officer obtained a report from the Departmental Valuer and a copy of this was forwarded to … market on the valuation date, or, in the case of an asset being a house referred to in Sub-section (4), the valuation date referred to in that Sub-section. (4) Notwithstanding anything contained in Sub-section (1), the value of

State of Rajasthan and anr. Vs. Rajasthan Chemists Association

Court : Supreme Court of India

Subject : Sales TaxConstitution

Acts : Sales of Goods Act, 1930 - Sections 3, 4 and 9; Rajasthan Sales Tax Act, 1994 - Sections 2(42), 2(44) and 4A; Finance Act, 2004 - Sections 4A and 4A(1); Standards of Weights and Measures Act, 1976; Standards of weights and Measures Rules; Constitution of India - Articles 246, 286 and 366(29A); ;Constitution of India (42nd Amendment) Act, 1982 - Article 366; Constitution of India (46nd Amendment) Act; Drug Price Control Order, 1995; Essential Commodities Act, 1955 - Sections 3; Uttar Pradesh Sales Tax Act, 1948 - Sections 2; Contract Act - Sections 77; Income Tax Act, 1961 - Sections 28 to 43C, 44AC, 44AC(1) and 206C; Direct Tax Laws (Amendment) Act, 1989; Finance Act, 1988; Finance Act, 1990 - Sections 44AC; Madras General Sales Tax Act, 1939 - Sections 2; Madras General Sales T

Reported in : AIR2006SC2699; 2006(202)ELT217(SC); JT2006(6)SC553; RLW2006(4)SC3365; 2006(7)SCALE330; (2006)6SCC773; [2006]147STC542(SC); 2006(2)LC975(SC)

that 4A of the Rajasthan Sales Tax Act, 1994 (in short the 'Act') as introduced by the State Finance Act, 2004 was not legally sustainable to the extent that tax on first point sale of drugs, medicines or … those in relation to which it is required under the provisions of the Standards of Weights and Measures Act, 1976 or the rules made thereunder or under any other law for the time being in force, to declare … the State Legislature. Under the impugned provision, tax is levied on a completed sale within the meaning of Section 4 of the Sales Act. However, in what manner the charge is to be levied is a matter of

Commissioner of Wealth-tax Vs. Smt. Sushila Agrawal

Court : Patna

Subject : Direct Taxation

Acts : Finance Act, 1976; Wealth-tax Act, 1957 - Sections 7(4)

retrospective in nature ?'2. Sub-section (4) of Section 7 of the Wealth-tax Act, 1957, was inserted by the Finance Act, 1976, with effect from April 1, 1976. This Sub-section (4) of Section 7, is as under : ' Notwithstanding

K. Vs. Abdulla V. Income Tax Officer and anr.

Court : Karnataka

Subject : Direct Taxation

Reported in : (1986)56CTR(Kar)41

has his year of accounting ending on 31st of March every year. For the asst. yr. 1976-77 the Finance Act, 1976 (Finance Act), was applicable to the petitioner and he filed his return declaring his income from his business … result, this writ petition fails and is dismissed with no order as to costs. - KARNATAKA MUNICIPAL CORPORATIONS ACT, 1976 Section 134, Proviso, 135, 136 & 138: [Ram Mohan Reddy,J] Challenge as to levy of Advertisement Tax levied by … assessee and as the agricultural income can only be taxed under Entry 46 in List II of the Seventh Schedule, by a State Parliament had

K.V. Abdulla Vs. Income Tax Officer and anr.

Court : Karnataka

Subject : Direct Taxation

Acts : Income Tax Act, 1961; Finance Act, 1976 - Sections 2 and 2(2); Constitution of India - Articles 14 and 19

Reported in : [1986]161ITR589(KAR); [1986]161ITR589(Karn)

has his year of accounting ending on 31st of March every year. For the asst. yr. 1976-77 the Finance Act, 1976 (Finance Act), was applicable to the petitioner and he filed his return declaring his income from his business … the Supreme Court in the above cases, we will examine the contentions of the parties before us. 9. section 4 of the Act provides that the income-tax charged at the rate or rates fixed on every person on