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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 … differently the income earned from the activity of owning and maintaining horses. 46. With the introduction of section 115BB, sub-sections (1) and (2) of section … (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

Anantapur Textile Limited Vs. Collector of Customs and ors.

Court : Kolkata

Subject : Customs

Acts : Companies Act, 1956; ;Customs Act, 1962 - Sections 2(24), 15, 15(1), 16, 30, 31, 31(1) 32, 46, 50 and 68; ;Finance Act, 1986; ;Constitution of India - Article 226

Reported in : 1988(15)ECC280,1988(33)ELT12(Cal)

the Act relating to export goods (as it stood prior to the substitution of the Section by the Finance Act of 1986) was given effect to by the Supreme Court in Gangadhar Narasingh Das v. P.S. Thrivikraman, - … of such entry inwards and Section 15(1)(a) provides that in case of goods entered for home consumption under Section 46 of the Customs Act, 1962, duty would be chargeable at the rate prevailing on the date of the

Vikram Singh vs.union of India & Ors.

Court : Delhi

Subject : Direct Taxation

employed in the execution of the Act. It was noticed that an explanation had been introduced by the Finance Act (2) of 1991 with retrospective effect from 1st April, 1962. The Supreme Court, thereafter, held: “10. The Explanation … 276C and 277 read with Section 278D of the Act for the block assessment period between 1st April, 1986 to 1st November, 1996. This application for settlement was rejected by the Commissioner on 31st July, 2014, primarily … of Offenders Act, 2012; § 85 3 Criminal Finances Act 2017; § 46 4 United States Sentencing Guidelines (U.S.S.G.) § 2T1.1 (2016) 5 U.S. v.

Shivam Coke Industries and Rani Sati Coke Manufacturing Company Vs. St ...

Court : Jharkhand

Subject : Sales Tax/VATLimitation

Reported in : [2008(2)JCR267(Jhr)]; (2008)18VST289(Jharkh)

(Admn.), Dhanbad Division, Dhanbad whereby he has initiated suo motu revision proceedings under Section 46(4) of the Bihar Finance Act, 1981 and further for a declaration that the impugned notice issued by the Joint Commissioner is bad in … in terms of notification issued by the then State of Bihar vide S.O. No. 795 dated 28th June, 1986. It is, therefore, clear that under Section 46(4) of the Act, the Commissioner may, on his own motion

Delhi High Court Legal Services Committee Vs. Uoi and anr.

Court : Delhi

Subject : MRTP

Industrial and Investment Corporation of India : [1993]. 1 SCR340where there was inconsistency between two special laws, the Finance Corporation Act, 1951 and the Sick Industries Companies (Special Provisions) Act, 1985. The latter contained Section 32 which … May, 1986, added to the impetus for enacting a uniform law relating to juvenile justice. The Juvenile Justice Act, 1986 39. In this background, the Juvenile Justice Act, 1986 (JJ Act, 1986 hereafter) came to be passed on … directive principles of state policy enshrined in Articles 39(e) and (f) 45, 46 and 47.25. The rights constitutionally ensured to the child, the prohibitions recognised

N. Bhagavathy Ammal and ors. Vs. Controller of Estate Duty

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(22); Estate Duty (controlled companies) Rules - Rule 5, 5(2) and 15; Estate Duty Act - Sections 17, 17(1), 44 and 73

Reported in : (1986)55CTR(Mad)351; [1986]162ITR190(Mad)

Matched in: Citation (1986)55CTR(Mad)351; [1986]162ITR190(Mad)

Larson and Tubro Ltd. Vs. Commissioner of Commercial Tax and anr.

Court : Patna

Subject : Sales Tax

Commissioner of Commercial Taxes dated 17.10.1985 the petitioner preferred a revision to die Commissioner of Commercial Taxes under Section 46 of the Bihar Finance Act. The Commissioner obtained a report from Joint Commissioner (Law) and directed the petitioner … tippers and trucks. The petitioner had been granted a certificate in terms of Section 13(1)(b)(ii) of the Bihar Finance Act, 1981. Subsequently, it filed a petition for amendment of the said certificate by adding cranes, tippers and trucks

Indian Woolen Textiles Mills (P) Ltd. Vs. Collector of Central Excise ...

Court : Punjab and Haryana

Subject : Excise

Acts : Central Excise Act, 1944 - Sections 11C; Constitution of India - Articles 226 and 227

Reported in : 1995(50)ECC94; 1999LC593(P& H); 1995(77)ELT847(P& H); (1995)110PLR87

that the amendment made in the Tariff Heading was effective only from 13.5.1986, the date on which the Finance Bill, 1986 was made effective and therefore, it was not open to the departmental authorities to insist on … of manmade fabrics. These goods were classified under the Tariff Item No. 22 (l)(b). The Central Excise Tariff Act came into force on 1.3.1986. On 21.12.1988, exemption notification was issued by the Government of India, Department of … not maintainable. He argued that the Tribunal has misinterpreted the provisions of Section 11C of the Central Excise and Salt Act, 1944. Shri Goyal further … a direction to respondent No. 2 to refund a sum of Rs. 46,845.13 along with interest @18% per annum.2. Petitioner is a private limited company

Commissioner of Income-tax Vs. Appollo Tyres Ltd.

Court : Kerala

Subject : Direct Taxation

Acts : Companies Act, 1956 - Sections 205, 205(1), 205(2), 348, 349 and 350; Income Tax Act, 1961 - Sections 28, 32AB, 32AB(1), 32AB(2), 32AB(3), 32AB(5), 43, 72, 73, 115J, 115JA and 115J(1); Unit Trust of India Act, 1963; Finance (No. 2) Act, 1996

Reported in : [1999]237ITR706(Ker)

be treated as part of the same business.48. We have considered the matter. Section 32AB inserted by the Finance Act, 1986, with effect from April 1, 1987, Sub-sections (1), (2) and (3) thereof, relevant for the purpose of this … carried on by the assessee.' 49. In this context, it will be useful to refer to Circular No. 461, dated July 9, 1986 [1986] 161 ITR 17, issued by the Central Board of Direct Taxes, New Delhi,

India Pistons Repco Ltd. Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Madras

Subject : Land Acquisition

Reported in : (1988)26ITD413(Mad.)

cost of the assets purchased within the meaning of Section 43(1). An Explanation has been added by the Finance Act, 1986 with effect from 1-4-1974 to the effect that interest paid in connection with acquisition of an asset shall … Duty at 8% 7,744.00 -----------receipt of 'C' form. 4,181.76 -----------Less : Advance received 1,08,725.76 4,725.76 4,725.76 -----------Financial Charges 46,800.00 -----------10 BILLS OF EXCHANGE. 1,50,800.00 ----------- (Rupees One Lakh Fifty Thousand Eight Hundred only).(b) The total sum of