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Balsara Hygiene Products Ltd. and Another Vs. D.S. Saxena and Another

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 3, 30, 31, 32, 33, 34, 35, 36, 37, 37(3) and (3)A and 80B; Constitution of India - Articles 19 and 226; Finance Act, 1983 - Sections 17

Reported in : 1994(2)BomCR164; [1994]208ITR623(Bom)

section 37(3) of the Act. In the year 1978, section 37 of the Act was amended by the Finance Act, 1978, by inserting sub-sections (3A) to (3D). The effect of the amendment was to disallow a portion of the … given by the Finance Minister in support of the impugned amendments were as follows (see [1983] 140 ITR 31) : 'Honorable members must be aware of lavish and wasteful expenditure by trade and industry, particularly on travelling,

Madras Petro-chem. Ltd. Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Tamil Nadu

Subject : Excise

Reported in : (1983)LC1774Tri(Chennai)

were not charging duty on the T.O.manufactured by the appellants out of duty-paid T.O.F.S. The Finance Bill of 1978 effected certain amendments in tariff Item Nos. 8 and 11-A of the GET. These amendments took effect from … SDR drew our attention to the amendment of Rules 9 and 49 with retrospective effect by the 1982 Finance Act. Here also, as with the T.O., there were no gate passes and other excise documentation. Concluding, it was … Central Government which has come to this Tribunal as transferred proceedings under Section 35-P of the Central Excises & Salt Act for disposal as if … allegation in respect of white oil covered the period from 1.3.1978 to 31.12.1978, the quantity involved being 131.323 KL. The total amount of duty in

Association For Democratics Reforms Vs. Union Of India

Court : Supreme Court of India

Subject : Right to Information

establishing the double proportionality standard ...................................................... 103 b) Validity of the Electoral Bond Scheme, Section 11 of the Finance Act and Section 137 of the Finance Act ..................................................... 113 c. Validity of Section 154 of the Finance Act … force for contribution to political parties. 9 PART A ii. Curbing black money 11. The Taxation Laws (Amendment) Act 1978 included Section 13A to the IT Act exempting the income of political parties through financial contributions and investments … of the People Act 19514, the Income Tax Act 19615, and the Companies Act 20136. A. Background 2. Section 31 of the RBI Act stipulates that only the RBI or the Central Government authorized by the RBI Act

Wealth-tax Officer Vs. M.C. Moidu Haji

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Land Acquisition

Reported in : (1985)12ITD641(Coch.)

rubber or cardamom plantation. This is clear from the fact that when Section 5(1)(viiib) was amended by the Finance Act, 1982, plantation was clarified as tea, coffee, rubber or cardamom plantation. A coconut garden was not, therefore, understood … 1. These appeals by the department relate to the assessment years 1978-79 and 1979-80, for which the relevant valuation dates are 31-3-1978 and 31-3-1979, respectively.2. The assessee owned about 5

Sri Madhusudan Mills Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Land Acquisition

Reported in : (1993)LC218Tri(Delhi)

and 49, ibid, with retrospective effect vide Notification No. GSR-74(E) dated 20-2-1982 read with Section 51 of the Finance Act, 1982. These amendments make it clear beyond doubt that duty is leviable on the goods consumed or utilised … Duty. Special Excise Duty and Additional Duty of Excise under Additional Duties of Excise (Textiles and Textile Articles) Act, 1978. The yarn manufactured by them was captively consumed in the same factory in the manufacture of fabrics.In the … yarn non- 05-8-81 April 74- 19-05-814. E/648/84- Cellulosic spun yarn 08-6-81 01-01-78- 31-12-805. E/549/84- M/s. Finlay Mills 23-12-80 20-06-80- 30-06-80 D non-cellulosic yarn 03-07-80- 13-08-806.

Bangalore Turf Club Limited Vs. Union of India

Court : Karnataka

Subject : Education

be treated as “winnings from horse races”. 7.2. He further draws the attention of the Court to the Finance Act, 1978 whereunder Section 194BB was introduced to entail deduction of tax at source 30 specifically on “winnings from horse … the provisions of Income Tax Act, 1961. (2) Quash notices for the years 2006-07, 2007-08, 2008-09, 2009-10 upto 31.12.2009 (3rd quarter) as being barred by limitation (Annexures-B, B1, B2, B3). (3) Declare that the Circulars issued by

Sirpur Paper Mills Ltd. Vs. Director of Inspection, Customs and Centra ...

Court : Andhra Pradesh

Subject : Direct TaxationExcise

Acts : Income Tax Act, 1961 - Sections 27, 81, 99(1), 280ZD and 280ZD(6)

Reported in : 1983(12)ELT457(AP); [1982]136ITR120(AP)

of excise equal to 20 per cent of the total amount to chargeable on such goods; and...' 19. Section 31 of the Finance Act, 1969, also is in similar terms. Based on the language, learned counsel argued that … 3. The statement of case, in brief, as per the averments of the writ petitioner i : The Finance Act, 1965, provided for the grant of tax credit certificates by inserting Chapter XXII-B in the I.T. Act, 1961, … it is Assistant Collector v. National Tobacco Co. of India Ltd., : 1978(2)ELT416(SC) wherein it is hel : 'The term 'levy' appears to us to

Commissioner of Income-tax Vs. Ampro Food Products

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 28, 30, 31, 32, 33, 34, 35, 36, 37, 37(1), 37(3), 37(3A) and 80VV

Reported in : 1995(2)ALT843; (1995)125CTR(AP)341; [1995]215ITR904(AP)

assessee.' 6. Sub-sections (3A), (3B), (3C) and (3D) of section 37 of the Act were inserted by the Finance Act, 1978, with effect from April 1, 1979. We may point out here that section 37 of the Act which … also be exempted from this provision for an initial period of three years. This measure will yield Rs. 31 crores in a full year and about Rs. 25 crores in 1978-79.' 9. A perusal of the excerpt

Michigan Engineers (P.) Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (1986)19ITD45(Mum.)

Though that case dealt with the definition of industrial company for the purposes of Section 2(7)(c) of the Finance Act, the reasoning given in that judgment would be relevant for deciding the issue whether the assessee-company in this … order of the Commissioner under Section 263 of the Income-tax Act, 1961 ('the Act'), for the assessment years 1978-79 and 1980-81. The ITO completed the original assessment for the assessment year 1978-79 on 2-9-1978. In the said … investment allowance has to be any new machinery or plant installed after 31-3-1976 in a small-scale industrial undertaking for the purposes of business of manufacture

Manickam Chettiar Vs. Ramanatha Devar

Court : Chennai

Subject : Civil

Acts : Tamil Nadu Debt Relief Act, 1980; Tamil Nadu Indebted Agriculturist (Temporary Relief) Act, 1975 - Sections 3 and 5; Tamil Nadu Indebted Agriculturist (Temporary Relief) (Amendment) Act, 1978 - Sections 33(2); Tamil Nadu Indebted Agriculturist (Temporary Relief) (Amendment) Act, 1979 - Sections 7(1)(2) and 31 to 36

Reported in : 1996(2)CTC373; (1996)IIMLJ398

of 1979 was enacted. So far as the provisions of the said Act are concerned, by virtue of Section 31, Tamil Nadu Act 40 of 1978 came to be repealed. Tamil Nadu Act 40 of 1979 was published … Rangaswamipadayachi : (1988)2MLJ339 dated 9.9.1988 by Sathiadev and Sivasubramanian, JJ).5. Sri Varalakshmi Finance Syndicate v. Rqjagopal Konar (1990 (2) LW 351, dated 5.10.1990 by T. … suit or the making of the application was barred by the provisions of the Tamil Nadu Debt Relief Act, 1978 (Tamil Nadu Act XL of 1978) in computing the period of limitation or limit of time precribed for