Advanced Search Results

Checkmate Services P Ltd Vs. Commissioner Of Income Tax-i

Court : Supreme Court of India

Subject : Land Acquisition

Income Tax-I v Checkmate Services P. Ltd., Tax Appeal No.680 of 2014, dated 14.10.2014. 4 Inserted by the Finance Act, 1987 (11 of 1987), w.e.f. 01.04.1988. 4 are not in the nature of annual contributions of fixed amounts … previous year (being a previous year relevant to the assessment year commencing on the 1st day of April, 1983, or any earlier assessment year) in which the liability to pay such sum was incurred by the assessee, … sum is actually paid. In case the same is paid before the 23 due date of filing the return of income for the previous year, … appeals, the common question involved is with respect to the interpretation of Section 36(1)(va) and Section 43B of the Income Tax Act, 1961 (hereinafter, “IT

Andhra Pradesh State Financial Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (1986)18ITD515(Hyd.)

financial corporations and he drew our attention in particular to the latest amendment to Section 36(1)(viii) by the Finance Act, 1985, wherein it has been clarified that the deduction is to be made without making any deduction under … as on 1-4-1982 and 1-4-1983 which governs the assessments for 1982-83 and 1983-84, respectively, for the following reasons : (a) Section 36(1)(viii), which corresponded to … absolutely essential in that context.11. This leaves us to consider the meaning of 'total income' as found in Section 23(2). Section 23(2) deals with computation of income from house property. The stipulation was that the said income from

Commissioner of Income-tax Vs. Sharda Gum and Chemicals

Court : Rajasthan

Subject : Direct Taxation

Reported in : (2007)209CTR(Raj)143; [2007]288ITR116(Raj)

enquiry for the purpose of computation of deduction under Section 80HHC.17. Originally Section 80HHC was inserted by the Finance Act, 1983, which, inter alia, provided that where the assessee being an Indian company or a person (other than a

M.Arumugam Vs. State of Tamil Nadu

Court : Chennai

Subject : Land Acquisition

pro tanto repealed on account of the Central Legislation Chit Fund Act, 1982. In the circumstances, the Kerala Finance Act 7 of 2002 introducing Section 4(1)(a) in Kerala Chitties Act, 1975, was also void, as the State Legislation … and I possess all the qualifications prescribed for membership of the Society in the Tamil Nadu Co-operative Societies Act, 1983 (Tamil Nadu Act 30 of 1983), the Tamil Nadu Co-operative Societies Rules, 1988 and the Bylaws of the … may be prescribed. " 122. The admission of a disqualified member is also subject to sub-section (4) of Section 23, which provides that the Registrar shall decide any question relating to such disqualification in respect of admission of

Pallonji Shapoorji and Co. (P) Vs. Deputy Commissioner of Wealth Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2006)102ITD101(Mum.)

Nawab Sir Mir Osman All Khan (supra).16. Learned Counsel further submitted, under Sub-section (5)(b) of Section 40 of Finance Act, 1983, Section 4(7) of the WT Act would not be in conformity with the charging provision, i.e., Sub-section (2) of … person whose application for membership has been accepted by the society, or to a person whose appeal under Section 23 of the Act has been allowed by the Registrar, or to a person who is deemed to be

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)

declaration that the amendment made to section 37 of the Income-tax Act, 1961, by section 17(b) of the Finance Act, 1983, by inserting sub-sections (3A) to (3D) is bad in law, illegal, invalid and violative of the petitioners' fundamental … State of Bombay v. F. N. Balsara : [1951]2SCR682 the Supreme Court examined the expression 'commending' in section 23(a) and section 24(1)(a) of the Bombay Prohibition Act to determine whether the expression 'commending' intoxicant are said to

Zenith Bearing Enterprises Vs. Collector of Customs (Acc)

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Subject : Education

Reported in : (1995)(75)ELT801Tri(Mum.)bai

necessary to reproduce the Section 13 and Section 23 of the Customs Act prior to the amendments through Finance Act, 1983 :"Section 13 : If any imported goods are pilferred after the unload- ing thereof and before the proper officer

R.K.K.R. International (P.) Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Land Acquisition

Reported in : (1998)65ITD512(Delhi)

a view to plug such tax evasion only that the provisions were enacted in section 40 of the Finance Act, 1983.5.3 It was argued that since true rent is not reflected in the deed it is open for the … to as ALV). In his opinion the monthly rent which the property might fetch within the meaning of section 23 of the Income-tax Act, 1961 (hereinafter called the Act) could not be less than Rs. 7 lakhs per

Assistant Commissioner of Vs. Lead Slips Products (P.) Ltd.

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (1994)48ITD452(Ahd.)

the provisions of Section 43B, which have been inserted for and from the assessment year 1984-85 pursuant to Finance Act, 1983. First appeal was preferred before the Appellate Commissioner, who agreed with the contentions raised before him and took … is 1986-87 for which the previous year ended on 31-12-1985. The Assessing Officer added a sum of Rs. 23,156 being property tax due and payable to the Ahmedabad Municipal Corporation (AMC). The addition was made by invoking

Hamilton and Co. (P.) Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Direct Taxation

Reported in : (1994)48ITD534(Kol.)

the property for their offices. The assessee became liable to wealth-lax by virtue of Section 40 of the Finance Act, 1983 from the assessment year 1984-85. In the wealth-tax returns the assessee disclosed the value of the property at … rent alone should be taken as the basis. We are not here concerned with the provisions of Section 23(1) of the IT Act. After the amendment made with effect from 1-4-1976, the actual rent if it is