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Director of Income-tax (Exemptions) Vs. Sheth Mafatlal Gagalbhai Found ...

Court : Mumbai

Subject : Direct Taxation

Acts : Income-tax Act, 1961 - Sections 11, 11(1), 11(2), 11(4A), 11(5), 12, 13, 13(1), 161(1A), 164, 164(1) and 164(2); Finance Act, 1984; Direct Tax Laws (Amendment) Act, 1987; Direct Tax Laws (Amendment) Act, 1989

Reported in : [2001]249ITR533(Bom)

was omitted by the Direct Tax Laws (Amendment) Act, 1987. However, the Legislature inserted a proviso by the Finance Act, 1984, with effect from April 1, 1985. By the said proviso, it is, inter alia, laid down that where … law which arises for determination in the above group of appeals is as follows : 'Whether violation of Section 11(5) read with Section 13(1)(d) by the assessee-trust attracts maximum marginal rate of tax on the entire income of

India Pistons Limited Vs. Assistant Collector of Central Excise, Madra ...

Court : Chennai

Subject : Excise

Acts : Companies Act, 1956; Central Excise Rules, 1944 - Rule 223-A; Central Excise Act - Sections 11-A; Central Excises Act - Sections 35, 35-B(2), 35-EE and 35-EE(2); Customs Excise and Gold (Control) Appellate Tribunal (Procedure) Rules, 1982 - Rule 41

Reported in : 1987(12)ECC243; 1987(27)ELT651(Mad)

Tribunal was not maintainable, in view of the amendments to the Central Excises & Salt Act by the Finance Act, 1984. It was stated that any appeal in respect of loss of goods or shortage of goods in the … 25-5-1983 stating inter alia that the demand made by the first respondent was carried under the provisions of Section 11-A of the Central Excise Act. It was further contended that the discrepancies noticed were only due to

Thanthi Trust Vs. Assistant Director of Income-tax and anr.

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 11, 11(1), 11(2), 11(3), 11(3A), 11(4) and 11(4A); Finance Act, 1991

Reported in : [1999]238ITR635(Mad)

relation to any income being profits and gains of business.' However, when the Finance Bill, 1983, became the Finance Act, 1983, Sub-section (4) in the present form is retained and Sub-section (4A) was newly inserted in Section 11 … introduced in the Income-tax Act which remained on the statute book from the year 1977 till April 1, 1984. The assessee's claim for exemption of the income from the newspaper business from tax having been negatived by

Alluminium Profiles Limited, a Public Limited Company Registered Under ...

Court : Mumbai

Subject : Excise

Acts : Central Excise Act, 2007 - Sections 11, 32(7), 32E, 32F, 32F(5), 32F(7), 32F(8), 32F(9), 32F(10), 32M and 32N; Income Tax Act; Finance Act, 1984

Reported in : 2009(169)LC76(Bombay); 2009(241)ELT9(Bom)

power to make payment by installments. In respect of similar provisions pertaining to the Income Tax Act, by Finance Act, 1984 w.e.f. 1.10.1984 the powers of the Settlement Commission to grant payment by installments has been recognized. That continues … of the direction to pay, then the sums can be recovered in the manner as set out under Section 11. The two other provisions which are relevant are Section 32M and 32N which reads as under:32M. Order of

Shri Abdul Sathar Vs. Union of India (Uoi), Through the Secretary, Law ...

Court : Mumbai

Subject : Customs

Acts : Customs Act, 1962 - Sections 108, 112, 122, 128, 129A and 129DD; Finance Act, 1984

Reported in : 2003(2)ALLMR90; 2003(4)BomCR428; 2003(90)ECC85; 2003(156)ELT832(Bom); 2003(3)MhLj142

the adjudicationManual, the adjudication powers of the DeputyCommissioner are restricted and not the adjudicationpowers of the Commissioner.7. By Finance Act 21 of 1984, Section 129A wasamended and Section 129DD was introduced to the Actwith effect from 11.05.1984. Prior

Wallfort Shares and Stock Brokers Vs. Ito

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Land Acquisition

Reported in : (2005)96ITD1(Mum.)

House of Lords in the case of Lupton. In that case forward stripping had been banned by the Finance Act, 1960, but the House of Lords did not think that the subsequent amendment should prejudice or cloud the … Burmah Oil Co. Ltd. 1982 STC 30 (HL) and Furniss v. Dawson 1984 1 All England Reporter 530 (HL) added new dimension to the legal … of the trust, which at the relevant time was publishing newspapers and journals, was exempt from tax under section 11. Honble Supreme Court held that the publication of newspapers and journals involved the carrying on of an activity

Thanthi Trust Vs. Central Board of Direct Taxes and Others

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2, 2(15), 11, 11(1), 11(4), 11(4A), 12, 13, 13(1), 13(1) and 119

Reported in : [1995]213ITR639(Mad)

11 for the assessment years 1979-80 to 1983-84, relying on section 13(1)(bb) of the Act. 9. By the Finance Act, 1983, the following sub-section (4A) was introduced in section 11 of the Act, with effect from April 1, … of the Income-tax Act, 1961, hereinafter referred to as the Act, to the petitioner-trust for the assessment years 1984-85 to 1991-92, respectively, and to direct the second respondent to consider the petitioner's claim for exemption under section

Director of Wealth-tax (Exemption) Vs. Tube Investments of India Ltd., ...

Court : Chennai

Subject : Direct Taxation

Acts : Wealth-tax Act, 1957; Income Tax Act, 1961 - Sections 40A(11); Finance Act, 1984

Reported in : [2002]254ITR285(Mad)

holding that the retrospective amendment of Section 40A(11) of the Income-tax Act, 1961, which was done by the Finance Act, 1984, combined with the communication, dated June 25, 1984, sent by the employer to the trust, in which it

Andhra Sugars Ltd. Vs. Collector of Central Excise

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

Subject : MRTP

Reported in : (1986)LC459Tri(Chennai)

Court in the case of B.K. Paper Mills Private Limited v. Union of India and Ors. reported in 1984 (18) ELT 701 (Bom.), while considering the purport and scope of Section 47 of the Finance Act '82 … 31.1.84 demanding a duty of Rs. 89,535.40 from the appellant under Sub-Sec. 2(d) of Section 47 of the Finance Act, 1982 in respect of clearances of caustic soda, caustic potash, acids and fertilisers during the period 1976-77 to … prior to 27/2/82 within the period of limitation in terms of Section 11(K) of the Act, the duty demanded is clearly barred by limitation under

Collector of Central Excise Vs. Belapur Sugar and Allied

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Excise

Reported in : (1986)(6)LC52Tri(Delhi)

notification was issued, in the place of Clause 50(4) of the Finance Bill, 1882, Section 50(4) of the Finance Act, 1982 was substituted. Second, para 4 (reproduced earlier) was substituted by the following para- "Where production during May … in Clause (1) of the said Table during all the preceding three sugar years was nil." 3. On 11-6-1982, the above notification was amended by Notification No.193/82. Two changes were brought about. First, in the racital of