Advanced Search Results

Commissioner of Income-tax Vs. Ronald William Trikard and Others

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(25A) and (45), 4, 5, 5(2), 9, 9(1) and 293A; Territorial Waters, Continental Shelf, Exclusive Economic Zone and Other Maritime Zones Act, 1976 - Sections 3, 6, 6(6), 7 and 7(7)

Reported in : [1995]215ITR638(Mad)

areas have always been a part of the territory of India would render the notification redundant. (3) The Finance Act, 1981, introduced section 293A in the Income-tax Act. The said section, inter alia, empowers the Central Government to … Somasundaram, J. 1. All these tax cases relate to the assessment year 1983-84. The assessee are foreigners and non-residents employed by Sedco International S. A., a non-resident company. Sedco International was … on all the authorities under the Act. (5) In the letter date 26th September, 1974, the Central Board of Direct Taxes clarified the position in

Northern India theatres (P.) Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (1993)45ITD310(Delhi)

wealth-tax shall be so construed as to be in conformity with the provisions of Section 40 of the Finance Act, 1983. Section 2(e) is one such provision which should be read only in conformity with the subject code. If while … the original allottee was succeeded by D.L.F. Limited. The lease was further extended for 20 years ending on 26-1-1988 by D.D.A. in favour of D.L.F. Universal Ltd. A portion of this land was sublet by original lessee,

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 … Act, 1961, which defines 'owner of house property', 'annual charge', etc. for the purpose of Sections 22 to 26. Reference also made to Section 27(iii).It reads as under: (iii) a member of a co-operative society, company or

The Commissioner of Wealth-tax Vs. Fagun Co. P. Ltd.

Court : Chennai

Subject : Direct Taxation

Acts : Wealth-tax Act, 1957 - Sections 7(2), 7(3), 27(3) and 45; Finance Act, 1983 - Sections 3, 40 and 40(3); Income Tax Act - Sections 2, 32A and 32A(2; Finance Act, 1960 - Sections 13; Finance Act, 1992

Reported in : 2007(1)CTC13; (2006)205CTR(Mad)225; [2006]286ITR297(Mad); (2006)4MLJ836

assessee is entitled to the exemption in view of the exclusionary clause found in Section 40(3)(vi) of the Finance Act, 1983. Section 40(3)(vi) while including the building and the land appurtenant thereto for levy of wealth-tax, excludes certain items of … the assessee company. The property is at No.26, Commander-in-Chief Road, Chennai consisting of land to an extent of 26.65 grounds with a six storeyed building on a built-up area of 469 Sq.M. There is also another old

Assistant Commissioner Of Income Tax (exemptions) Vs. Ahmedabad Urban ...

Court : Supreme Court of India

Subject : Land Acquisition

The judgment in Surat Art Silk .................................................................................................................. 11 D. Relevant changes brought about to the IT Act, 1961 (Finance Act, 1983 and 1991) ............................... 17 E. The judgment in Thanthi Trust .................................................................................................................. 18 F. Deletion of certain exemptions: Section … of parties ................................................................................................................................. 22 A. Arguments on behalf of the revenue.......................................................................................................... 22 B. Arguments of the assessee-organizations ................................................................................................. 26 C. Revenue’s rebuttal arguments................................................................................................................... 54 III. Analysis and reasoning ............................................................................................................................... 55 A. Aids to interpretation ................................................................................................................................ 62 (i)

Goodyear India Ltd. and anr. Vs. Union of India and ors.

Court : Delhi

Subject : Excise

Acts : Finance Act, 1982 - Sections 50; Central Excise Act; General Clauses Act, 1897 - Sections 6

Reported in : 41(1990)DLT194; 1990(49)ELT39(Del)

language of Section 50 of the Finance Act, 1982, has now been amended by Section 55 of the Finance Act, 1983. (28) The last contention of Mr. Ravinder Narain is that the Directive, given to petitioners, by respondent no.

Gujarat State Khadi Gramodyog Board Pensioners Association Vs. Gujarat ...

Court : Gujarat

Subject : Service

Acts : Payment of Gratuity Act, 1972; Bombay Khadi and Village Industries Act, 1960 - Sections 2, 3, 16, 17, 19, 20, 21, 22, 23, 24, 25, 26 and 30(2); Khadi Gramodyog Board Act; Sick Industrial Companies (Special Provisions) Act, 1985; Constitution of India - Articles 12,14,16,21 and 226

Reported in : (2004)1GLR116

parties that the first respondent board which is established in the year 1973 is receiving 100 per cent finance from the State Government. Respondent No.1 Board has been created under the relevant provisions of the Bombay Khadi … as under:'12. Clearly appears from all these cases that Nakara's case (AIR 1983 SC 130) is not a case of universal application irrespective of the … verbatim:'3. I further say as per the provisions of the Bombay Khadi and Village Industries, 1960 Chapter VI section 26 provides that in discharge of functions, each board shall be guided by such instructions on question of policy … provide for payment of gratuity. On the enactment of Payment of Gratuity Act, 1972 a statutory liability was cast on the employer to pay gratuity.

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)

Matched in: Citation (1983)LC1774Tri(Chennai)

Khivraj Motors Ltd. Vs. Deputy Commissioner of Income-tax and Others

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 28

Reported in : [1994]205ITR462(Mad)

effect from April 1, 1960, by the Finance Act, 1960 (13 of 1960). By section 40 of the Finance Act, 1983 (11 of 1983), with effect from April 1, 1983, wealth-tax was revived in a limited way on and … in the circumstances of the case. 6.Along with the writ petition, the company also filed W.M. P. No. 26155 of 1993 praying for stay of the amount as demanded. 7.Mr. V. Ramachandran, learned senior counsel, appearing for

Associated Strips Pvt. Ltd. Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Land Acquisition

Reported in : (1991)LC301Tri(Delhi)

respect of iron & steel entries in the tariff. These changes were made in the tariff by the Finance Act, 1983 which were given effect to from 1-8-1983. By these changes, Tariff Item 25 of Central Excise Tariff was … to 30-9-1985 asking the appellants to show cause as to why the duty should not be recovered under Section 11A on the goods. The appellants contested the demand for duty and pointed out that the show cause … Central Excise Tariff. The goods were considered to be falling under Item 26AA(iv) of Central Excise Tariff and are exempted from duty under Notification 69/73