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Commissioner of Income-tax Vs. West Bengal Industrial Development Corp ...

Court : Kolkata

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Section 36(1); ;Finance Act, 1985 - Section 10

Reported in : [1993]203ITR422(Cal)

deduction under Chapter VI-A but before making also any deduction under the aforesaid provision, i.e., Section 36(1)(viii). 18. Section 10 of the Finance Act of 1985 has amended Section 36(1)(viii) of the Act with effect from April 1, … (from that year) Chapter VI-A (at present comprising Sections 80A to 80W). 7. By the amendment of the Finance Act, 1985, with effect from April 1, 1985, it has been provided that the total income shall be computed before

P.V. Rajgopal and ors. Vs. Union of India and ors.

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 10, 15, 17, 17(2), 17(3), 201, 264; Constitution of India - Article 226; Taxation Laws (Amendment) Act, 1984; Finance Act, 1985; Income-tax Act, 1952 - Sections 13-A, 16, 17(3), 24, 156(2) and 197; Trade Union Act, 1926 - Sections 15, 192, 194, 194-(A, B, BB, C, D, E, EF, F, G, H, I, J and k), 196-(A, B, C, and D), 197(2A), 200, 201 (1A), 203, 207, 211, 221, 234-B and 234-C

Reported in : 1998(4)ALD268; [1998]233ITR678(AP)

Finance Act, 19,85 withdrew the said amendment. This was explained by the memorandum explaining the provisions of the Finance Act, 1985 by Circular No.421, dated 12-6-1985 (1956 ITR 138), hi spite of this legislative history, an attempt was made … to in clause (10), clause (10A), clause (10B), clause (11), clause (12), clause (13) or clause (13A) of Section 10, due to or received by an assessee from an employer or a former employer or from a provident

Dr.Somasekharan Unni P.K Vs. The Mahatma Gandhi University

Court : Kerala

Subject : Education

PRIYADARSINI HILLS KOTTAYAM-686 562.4. T.K.SAJEEV CHAIRMAN SPONSORING COMMITTEE OF M.G.UNIVERSITY OF SELF FINANCE COLLEGE OF COMMERCE AND LITERATURE KAVIYOOR, THIRUVALLA-689 101.5. STATE OF KERALA REPRESENTED … to start two colleges at Chuttippara and Kaviyoor in Pathanamthitta district, by exercising power under 10(17) of MGU Act, 1985 considering the exigency of starting of the courses to ensure learning facility to the students at the beginning … building in the Kaviyoor Grama Panchayat for establishing the college. The Vice Chancellor, in exercise of power under Section 10(17) of the Act, passed an order appointing a member of Syndicate to inspect the proposed site and to

Gajraj and Others Vs. State of U.P. and Others

Court : Allahabad

Subject : Land Acquisition

no plan has been got approved by National Capital Regional Planning Board under National Capital Planning Regional Board Act 1985. Reliance of interim order passed in writ petition no.17068 of 2009 dated 7th August, 2009 was placed which … stands demarcated as Sectors 2,3 Tech Zone IV, Eco Tech 13, Sector 10 and 11. Authority has so far constructed roads, laid down sewer line, … booked units in the Eco village I project. Out of these 4471 bookings, about 65-70% bookings have been financed by banks/financial institutions and amount of Rs. 67.74 crores have been given towards booking amount. Construction at the … petition No. 37443 of 2011 challenges the notifications dated 12.3.2008 issued under section 4 read with Sections 17(1) and 17(4) of Land Acquisition Act and

income-tax Officer Vs. Quality Wines

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : MRTP

Reported in : (1989)31ITD163(Hyd.)

inserted by Section 8 of the Finance Act, 1978 with effect from 1-4-1979 and they were omitted by Section 10 of the Finance Act, 1980 with effect form 1-4-1981. In the second spell Sub-sections (3A) to (3D) were … provisions now applicable, the Madras Bench was considering Section 37(3A) as it stood before its omission by the Finance Act, 1980. We are concerned with Section 37(3A) introduced by the Finance Act, 1983.These two provisions are entirely different … Chetty & Co. v.ITO [IT Appeal Nos. 1027 and 1029 (Hyd.) of 1985 dated 29-4-1983]. The learned CIT(A) held that there was a more direct

Reliance Industrial Infrastructure Ltd. Vs. Jt. Cit

Court : Mumbai

Subject : Direct Taxation

Reported in : (2002)75TTJ(Mumbai)606

is only with effect from assessment year 1997-98 that the new provisions of section 145(2) substituted by the Finance Act, 1995, have come into operation which alone have empowered the Central Government to notify Accounting Standards to be … to the Maharashtra Sales Tax on the Transfer of the Right to use any Goods for any Purpose Act, 1985. It is pointed out that levy of lease tax is under section 4 of the above Act, which … a period of 60 months and the total lease rentals were Rs. 10,55,65,200. The said lease agreement is given at pages 1 to 31 of

Commissioner of Income-tax Vs. Sree Narayana Chandrika Trust

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 10(22), 10(22A), 11 and 13(1)

Reported in : (1995)123CTR(Ker)233; [1995]212ITR456(Ker)

object with which Section 10(22A) was introduced is explained as follows in the Notes on Clauses to the Finance Bill, 1970 (see [1970] 75 ITR 70) :'Sub-clause (b) seeks to insert a new Clause (22A) in Section … shall state the facts in Income-tax References Nos. 253 to 256 of 1985 and apply the decision therein to the other cases, as was done … as well, which we shall deal with later, namely, whether the assessee is entitled to the exemption under Section 10(22A) of the Act.3. The two questions raised by the assessee relate to its claim for exemption under Section

Commissioner of Income Tax Vs. Shri Mahabit Prasad Bajaj

Court : Jharkhand

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 14, 34, 120B, 132, 139, 139(4), 139(5), 142(1), 142(2), 143, 143(2), 143(3), 144, 147, 148, 152(3), 153(1), 156, 183, 193,196 256(1), 271(1), 276C, 277 and 278B; Finance Act, 1985; Indian Penal Code (IPC) - Sections 420; Taxation Laws (Amendment) Act, 1984

Reported in : (2008)217CTR(Jharkhand)233; [2008]298ITR109(Jharkhand); [2008(4)JCR709(Jhr)]

year, revised return can still be filed within two years from the end of relevant assessment year.9. By Finance Act, 1985, some amendments were brought in Section 139 whereby some of the sub-sections were substituted. Section 132 as it … assessment years 1984-85 and 1985-86. The Assessing Officer, accordingly, estimated the turnover of Rs. 30 lakhs and Rs. 10 lakhs for those previous years and also worked out the income of Rs. 15000/- and Rs. 30000/- by

Union of India and ors. Vs. M/S. Ind-swift Laboratories Ltd.

Court : Supreme Court of India

Subject : Excise

Acts : Central Excise Act, 1944 - Sections 32E(1), 32F(7), 32M

the provisions of Sections 11A and 11AB of the Excise Act or Sections 73 and 75 of the Finance Act, shall apply mutatis mutandis for effecting such recoveries."2 16. A bare reading of the said Rule would indicate … a manufacturer of bulk drugs, falling under Chapter 30 of the First Schedule to the Central Excise Tariff Act, 1985. The company received inputs and capital goods from various manufacturers / dealers and availed CENVAT credit on the … the show cause notice is disallowed.(b) Immunity from interest in excess of 10% simple interest per annum is granted. Accordingly, the applicant shall pay simple … Rs. 5,71,47,148/-. Since conditions/parameters for the admission of a case prescribed under Section 32E(1) of the Central Excise Act, 1944 [for short "the Act"] were

Deputy Commissioner of Income-tax and anr. Vs. Karnataka Bank Ltd.

Court : Karnataka

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 260A; Finance Act, 1985 - Sections 28, 36(1) and 36(2); Income Tax (Amendment) Act, 1986

Reported in : [2009]316ITR345(KAR); [2009]316ITR345(Karn); (2008)218CTR(Kar)273; 2008AIRSCW1287; 2008(2)SCC475.

No. 258, dated June 14, 1979, to the assessment year 1993-94 though Section 36(2) stood amended by the Finance Act, 1985, with effect from April 1, 1985?3. For the sake of convenience, facts appearing in I.T.A. No. 480 of