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Vasant Chemicals Ltd. Vs. Hyderabad Metropolitan Water Supply and Sewe ...

Court : Supreme Court of India

Subject : Land Acquisition

Amberpet situated 20 at 18.90 kms from Bala Nagar which requires huge finance. The maintenance of sewer line is highly essential for proper transmission of … 3. under the Water (Prevention and Control of Pollution) Act, 1974 (Water Act, 1974) and the Environment (Protection) Act, 1986 (Environment Act, 1986) between 1988 and 1995, JETL was 2 discharging the treated waste water/effluents into the open … the Board categorically stipulates that the dedicated pipeline from JETL to Kukutpally/Balanagar belongs to the Board.19. As per Section 54 of the Act, sewage which is likely to damage or interfere with the free maintenance of the sewerage

C.N. Anantharam Vs. Asstt. Cit

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2005)2SOT475(Bang.)

the introduction of section 54 by the Finance Acts, such as Finance Act, 1982, Finance Act, 1985 and Finance Act, 1986. The scope of the amendment and effect to these amendments have been elaborated in the departmental Circular No.

Bangalore Turf Club Limited Vs. Union of India

Court : Karnataka

Subject : Education

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 … have heard the petitioners and without affording any opportunity to petitioners, third 54 respondent has proceeded to pass assessment orders in which proceedings undisputedly neither … any sort as per Sec. 194B of the Income Tax Act and consequently hold that the provisions of section 194B are not applicable to the petitioners. W.P.NO.6674/2013 BETWEEN: M/s Mysore Race Club Limited A company incorporated under

Mrs. Nisha Raj and anr. Vs. Mr. Pratap K. Kaula and ors.

Court : Delhi

Subject : ContractProperty

Acts : Income Tax Act, 1961 - Sections 230A and 269U to UO; Limitation Act - Schedule - Article 54; Delhi Rent Control Act; Finance Act, 1986; Delhi Cooperative Society Act, 1972; Specific Relief Act - Sections 20; Income Tax Rules, 1962 - Rule 48L; Delhi Cooperative Society Rules

Reported in : 151(2008)DLT402

the said Act. Chapter XX-C consisting of Sections 269U to 269UO was inserted in the Act by the Finance Act, 1986 with effect from 1-10-1986. This was to curb the menace of black money. The basic scheme of Chapter … the aforesaid aspects and its two legal conspectuses the provisions of Article 54 of the Limitation Act are being reproduced hereinunder:Article Description of Suit Period … that time the said property was under the occupancy of the aforesaid tenant.5. An application was made under Section 230(A) of the Income Tax Act (hereinafter referred to as the said Act) to seek permission to sell

Mrs. Catherine Thomas Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Direct Taxation

Reported in : (2008)116TTJ(Coch.)797

following submissions : It was argued that the legislature while inserting Sub-section (5) in Section 45 through the Finance Act, 1987 w.e.f. 1st April, 1988 did not provide for cases where enhanced compensation was reduced by any Court, … Land Acquisition Act. The Government acquired the said property on 10th July, 1986 and taken the possession on 10th Sept., 1986. The Tehsildar passed the … amount can be assessed in the asst. yr.1995-96 as the assessee was deprived from taking the benefit of Section 54 or 55 as no liquid cash was available with him for investment purpose. The learned Counsel has placed

Mrs. Catherine Thomas Vs. the Dy. Commissioner of

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Direct Taxation

Reported in : (2008)111ITD132(Coch.)

the following submissions: It was argued that the legislature while inserting Sub-section (5) in Section 45 through the Finance Act 1987 with effect from 1-4-1988 did not provide for cases where enhanced compensation was reduced by any courts … control then. It was further contended that the assessee was not free to make investments as provided under Section 54, 54F etc as the money was not under his control. The receipt could at best be said to … 1985. The assessee also explained that he had sufficient money also in 1986-87. The AO made the addition based on the admission of the assessee

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 … (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 … the case of Hyderabad Race Club v. Dy. CIT [2014] 364 ITR 547/[2013] 215 Taxmann 664/34 taxmann.com 126 has held that writ petition on similar

Minochar @ Minoo Aspandyar Irani Vs. Deenyar Sheriar Jehani and Others

Court : Mumbai

Subject : Education

an arbitrator. Learned senior Counsel placed reliance on the judgment of Supreme Court in case of M/s Sundaram finance Ltd versus/S NEPC India limited AIR 1999 SC 565 Paragraphs 19 and 20 and also the judgment of … Court in case of Khaderan Ram and others vs Sharda Prasad AIR 1986 Allahabad 34 in support of his submission that since the respondent no.1 … may recover profits or compensation under section 259 of the Contract Act an injunction should not be granted. Section 54, clause (e) however, provides for the issue of a perpetual injunction, where such injunction is necessary to prevent

The Central India Electric Supply Co. Ltd. Vs. Income Tax Officer, Com ...

Court : Delhi

Subject : Income Tax

Acts : Income-tax Act - Section 148; Finance Act, 1978 - Section 155(7)(a)

company was not entitled to the benefit of exemption under Section 54-E as it was inserted by the Finance Act, 1979 w.e.f. 01.04.1979. It was also observed that the case of the assessee company was not covered under

Commissioner of Income-tax, Madras Vs. G.R. Karthikeyan

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Constitution of India; Income Tax Act, 1961 - Sections 10(3), 2(24), 23(2) and 256(1); Finance Act, 1972 - Sections 74(A); Finance Act, 1986; Indian Income Tax and Excess Profits Tax (Amendment) Act, 1947; Indian Income Tax Act, 1922 - Sections 12(B); Government of India Act, 1935

Reported in : AIR1993SC1671; (1993)112CTR(SC)302; [1993]201ITR866(SC); JT1993(3)SC174; (1993)2MLJ82(SC); 1993(2)SCALE588; 1993Supp(3)SCC222; [1993]3SCR328

extent such receipts do not exceed one thousand rupees in the aggregate'. (The clause has been amended by Finance Act, 1986 but we are not concerned with it. Similarly it is not necessary to notice the proviso to the … gains is not a tax on 'income' within the meaning of entry 54 of list-1, nor is it a tax on the capital value of … it in the affirmative i.e., in favour of the assessee and against the Revenue. The question referred under Section 256(1) of the Income-tax Act reads as follows:Whether, on the facts and in the circumstances of the case,