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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

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 … 'the Act'. The said questions are : ' 1. Whether the Tribunal having held that the provisions of Section 7(4) being procedural would apply to assessment year 1975-76 was justified in law in holding that, on the facts

Commissioner of Wealth-tax Vs. Masood Halim

Court : Allahabad

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 7(4), 25(2) and 27(1); Urban Land (Ceiling and Regulation) Act, 1976; Finance Act, 1976

Reported in : (2005)196CTR(All)404; [2005]275ITR14(All)

the assessment year 1976-77. With the introduction of Sub-section (4) in Section 7 of the Act by the Finance Act, 1976, with effect from April 1, 1976, the position of the residential house would not change. It only provided

M/s. Greatship (India) Ltd. Vs. Commissioner of Service Tax Mumbai-I a ...

Court : Mumbai

Subject : Service Tax

subsection (7) of section 7, of the Territorial Waters, Continental Shelf, Exclusive Economic Zone and Other Maritime Zones Act, 1976 (80 of 1976), read with section 64 (1) of Finance Act, 1994 ? (b) Whether in the facts … “Supply of Tangible Goods for use” as has been defined under Section 65(105)(zzzzj) of Chapter V of the Finance Act, 1994 (hereinafter referred to as “the said Act”). It is also not in dispute that the appellant has

Commissioner of Wealth-tax Vs. Shobharam Gambhirmal

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Wealth tax Act, 1957 - Sections 7, 7(4) and 27; Finance Act, 1976

Reported in : [1996]219ITR19(MP)

the case, the Tribunal is justified in holding that Section 7(4) of the Wealth-tax Act, inserted by the Finance Act, 1976, is procedural in nature and is applicable to all the pending assessments including the assessments prior to the

Shri Ramlinga Mills Private Ltd. and ors. Vs. Assistant Collector of C ...

Court : Kerala

Subject : Customs

Acts : Customs Tariff Act, 1975; Finance Act, 1976 - Sections 32(1); Customs Act, 1962 - Sections 2(11), 2(12), 2(13) 2(23), 2(27), 2(28), 7, 12, 15, 15(1) 25, 30, 46, 68 and 111; Indian Tariff Act, 1934 - Sections 2A; Territorial Waters, Continental Shelf, exclusive Economic Zone and other Maritime Zones Act, 1976 - Sections 5; Customs Act, 1878 - Sections 20(2); Constitution of India - Article 246

Reported in : 1989(22)LC36(Kerala); 1983(12)ELT65(Ker)

is subjected to duty under various fiscal measures. The Customs Tariff Act, 1975 (Act 51 of 1975), the Finance Act of 1976 are some of the relevant enactments. The levy is made, assessed and collected under the provisions … are ordinarily kept before clearance by customs authorities;(12) 'customs port' means any port appointed under Clause. (a) of Section 7 to be a customs port;(13) 'customs station' means any customs port, customs airport or land customs station;* *

Sundaram Textiles Ltd., Madurai Vs. Assistant Collector of Customs, Ma ...

Court : Chennai

Subject : Excise

Acts : Customs Act, 1962 - Sections 12, 15, 25, 46 and 68; Customs Tariff Act, 1975

Reported in : 1984(2)ECC265; 1983(13)ELT909(Mad); (1983)IIMLJ92

also further subject to Auxiliary duty of 20 per cent leviable under sub-section (1) of Section 32 of Finance Act, 1976 together with additional duty leviable under Section 3 of Customs Tariff Act. 4. By a notification No. 388 … remain in force upto and inclusive of December 31, 1978. On 5-1-1979 two fresh notifications Nos. 6 and 7 exempting viscose staple fibre were issued, as a result of which it was exempted from the whole of

T.R.F. Limited Vs. Commissioner of Income Tax

Court : Jharkhand

Subject : Direct Taxation

Acts : Finance (No. 2) Act, 1977 - Sections 2(7); Finance Act, 1976 (66 of 1976) - Sections 32A(2A); Indian Income Tax Act, 1922 - Sections 10(2); Income Tax Act, 1961 - Sections 32, 32A, 32A(1), 32(1), 32(1)(2) 32A(2), 33, 33A, 33(1), 43(3), 256(1) and 256(2)

Reported in : (2007)213CTR(Jharkhand)557; [2008]298ITR78(Jharkhand); [2006(4)JCR21(Jhr)]

before the income-tax authorities or the Tribunal.12. Section 32A of the Income Tax Act was inserted by the Finance Act, 1976 (66 of 1976) with effect from 1st April, 1976 i.e. for and from assessment year 1976-77. Sub-section (1) … Commissioner of Income Tax, relying upon the two decisions of the Bombay High Court reported in 130 ITR. 739 and 131 I.T.R., page 1, came to the conclusion that the computers were plants and all works were

Assistant Collector of Customs (imports) Vs. Sundaram Textiles

Court : Chennai

Subject : Customs

Acts : Customs Tariff Act, 1975

Reported in : 1990(25)ECC392; 1989(25)LC470(Madras); 1989(44)ELT464(Mad)

Customs Tariff Act, 1975, and an auxiliary duty of 20 per cent leviable under Section 32(1) of the finance Act 1976, together with an additional duty leviable under Section 3 of the Customs Tariff Act 1976. However, by Notification … steamer Clan Magnair from Middleborough Port (U.K.) to Madras. The ship entered the territorial waters of India on 7-12-1978, and berthed at North Quay on 4-1-1979. The bill of entry had already been prepared on 8-12-1979, and

Indian National Shipowners Association Vs. Union of India (Uoi)

Court : Mumbai

Subject : Service Tax

Acts : Finance Act, 1994 - Sections 5(2), 64, 65, 65(105), 66, 66A, 68, 68(2), 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79 and 94; Companies Act, 1956 - Sections 25; Merchant Shipping Act, 1958; Territorial Waters, Continental Shelf, Exclusive Economic Zone, and other Maritime Zones Act, 1976 - Sections 6(6) and 7(7); Factories Act, 1948; Societies Registration Act, 1860; Central Excise Act, 1944; Finance Act, 2005; Finance Act, 2006; Service Tax Rules, 1994 - Rule 2 and 2(1); Central Excise Rules; Constitution of India - Article 265

Reported in : (2009)222CTR(Bom)234; [2009]16STJ175; 2009[13]STR235

Sub-section (7) of Section 7, of the Territorial Waters, Continental Shelf, Exclusive Economic Zone, and other Maritime Zones Act, 1976 (80 of 1976), the Central Government hereby extends the provisions Chapter V of the Finance Act (32 of … Deshmukh, J.1. By this Petition the Petitioners challenge the constitutional validity of the following:(i) Section 66A of the Finance Act, 1994; (hereinafter referred to as the 'Act for the sake of brevity), which has been introduced with effect