Advanced Search Results

Bangalore Turf Club Ltd. Vs. Union of India

Court : Karnataka

Subject : Direct Taxation

Minister made a speech on the Floor of Parliament making it explicitly clear and indicating thereunder that by Finance Act , 1986 Section115BB has been inserted to provide gross winnings from lotteries, crossword puzzles, races including horse races (other than … NOTICES ISSUED TO TURF CLUB AND FINDINGS REORDED BY THE ASSESSING OFFICER 13. The assessing officer in W.P.Nos.6565- 6568/2013 and 6651-6652/2013 has passed assessment orders … (5) Declare that Stake Money paid by the petitioner cannot be construed as winnings from games as per Section 194B of the Act. (6) Declare that the correct provision applicable in the present case is the Board

Wellpoint Systems (P.) Ltd Vs. Inspecting Assistant Commissioner.

Court : Delhi

Subject : Direct Taxation

Reported in : [1989]30ITD236(Delhi)

in this appeal relates to the claim ability of deduction under section 32AB which was inserted by the Finance Act, 1986 with effect from 1-4-1987. That provision is to the effect that where an assessed whose income includes income … singed and verified and setting forth prescribed particulars was to be filed along with the return under section 139(1). The Tribunal had held that the words along with the return meant that the return and the statement

The Commissioner of Income Tax Vs. Asoka Betelnut Co. Pvt. Ltd.

Court : Chennai

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957; ;Finance Act, 1983 - Sections 40 and 40(3)

Reported in : (2003)180CTR(Mad)178

learned counsel for the assessee. The levy of wealth tax on companies was introduced in the year 1957. Section 13 of the Finance Act 1960 provided that wealth tax is not leviable on company with effect from 1.4.1960. … by the assessee was not an asset exigible to wealth tax within the meaning of Section 40(3)(vi) of Finance Act, 1983?2. T.C. 230 of 1998 is a reference at the instance of the assessee and the question of … Appellate Tribunal at the instance of the assessee for the assessment year 1986-87 reads as under:-Whether the Tribunal was right in law in holding that

Cit Vs. Asoka Betelnut Co. (P) Ltd.

Court : Chennai

Subject : Direct Taxation

Reported in : [2003]127TAXMAN331(Mad)

the learned counsel for the assessee. The levy of wealth-tax on companies was introduced in the year 1957. Section 13 of the Finance Act, 1960 provided that wealth-tax is not lieviable on company with effect from 1-4-1960. By … out by the assessee was not an asset exigible to wealth-tax within the meaning of section 40(3)(vi) of Finance Act, 1983 ?'2. T.C. 230 of 1998 is a reference at the instance of the assessee and the question … Appellate Tribunal at the instance of the assessee for the assessment year 1986-87 reads as under :Whether the Tribunal was right in law in holding

Chief Executive Officer and Vice-chairman, Gujarat Maritime Board Vs. ...

Court : Supreme Court of India

Subject : Consumer

Acts : Consumer Protection Act, 1986 - Sections 13(4), 13(5), 13(6), 14(1), 21 and 22

Reported in : 1996VIIIAD(SC)453; [1997]89CompCas710(SC); JT1996(11)SC43; 1996(8)SCALE608; (1996)11SCC23; [1996]Supp8SCR839

Commission rejecting the objections filed by the appellant.2. The appellant had provided finance to one Shri. Ramesh Chandra Gordhandas Faldu for purchasing a vessel, 'Chandra … decide the rival claims of the appellant and Haji Abu in a complaint filed under the Consumer Protection Act, 1986. In our opinion such a power must be held available to the Commission as a power incidental or … clothes the Commission with the powers of a civil court specified in Sub-sections (4), (5) and (6) of Section 13 and the several powers specified in Clauses (a) to (i) of Sub-section (1) of Section 14. It would

A.P. Oil Millers Association and ors. Vs. Union of India (Uoi) and ors ...

Court : Andhra Pradesh

Subject : Constitution

Acts : Vegetable Oils Cess Act, 1983 - Sections 3 and 3(1); Cotton Copra and Vegetable Oil Cess Abolition Act, 1987 - Sections 13 and 13(1); Produce Cess Act, 1966; Constitution of India - Articles 14, 19, 21 and 226

Reported in : 1992(2)ALT135

validity of the Act. While so, in his Budget speech on February 28, 1986, the Union Minister for Finance announced, while presenting the Budget for the Financial Year 1986-87 that the Central Government had taken a decision … the assent of the President on March, 21, 1987. Clause 13 of the Bill referred to above is Section 13 of the Cotton, Copra and Vegetable Oils Cess (Abolition) Act, 1987 (hereinafter referred to as the Act).4. It

Rishi Roop Chemical Co. (P.) Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (1991)36ITD35(Delhi)

of the proviso, which was inserted in Section 43B of the Income-tax Act 1961 (the Act) by the Finance Act 1987, w.e.f. 1-4-1988 and the Explanation 2, which was inserted in the said Section, by the Finance Act … of the petitioner, in the accounting year ending 31 st January 1985 and corresponding to the assessment year 1986-87, that the deduction can be claimed.It is submitted that this provision, namely, Section 43B is arbitrary and is … case for furnishing the return of income under Sub-section (1) of Section 139 in respect of the previous year in which the liability to pay

A.C.i.T. and D.C.i.T. Vs. Shri Raghunath B. Taware

Court : Income Tax Appellate Tribunal ITAT Pune

Subject : Direct Taxation

Reported in : (2008)302ITR136(Pune.)

together. First two provisions have been introduced by the same Finance Act 1972 Section 115BB was introduced by Finance Act 1986 seeking to replace Section 80 TT which was introduced by Finance Act 1972. In all these sections reference … Section 115BB. A reliance can be placed on the decision of Hon. Bombay Bench in the case of 13^th I.T.O. v. J. Dubash 14 TTJ 462. This was not a case of bookmaker but reliance is placed

The Secretary Ministry Of Consumer Affairs Vs. Dr. Mahindra Bhaskar Li ...

Court : Supreme Court of India

Subject : Land Acquisition

In the said decision, this Court struck down and declared that first proviso to Section 184(1) of the Finance Act, 2017, which provided for 50 years minimum age for appointment as Chairman or Member as unconstitutional by observing … Association; (2017) 1 SCC444(hereinafter referred to as the UPCPBA), directed to frame model rules under the Consumer Protection Act, 1986. Accordingly, model rules were framed by this Court and accepted by all the parties. It was also the … can be made which would reduce the discretion available to the Search-cum-Selection 13 Committees while carrying out appointments. It is submitted that in the course

Commissioner of Wealth Tax Vs. Mohan Exports India P. Ltd.

Court : Delhi

Subject : Direct Taxation

1989-90 respectively, it is necessary to refer to the legislative history of the relevant provisions. 22. Initially under Section 13 of the Finance Act 1960, it was mandated that notwithstanding anything contained in WT Act no tax shall … favour of the Assessee. Therefore it was not an 'asset' under Section 40 (3) of the WTA Nos. Finance Act 1983. The CIT (A) accepted the above plea and held that the value of the land at 8 … Act with effect from 1st April 1988. The position as regards AYs 1986-87 and 1987-88 was no different. The decisions of the CIT (A) for