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Jodhan Real Estate Development Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Jaipur

Subject : Land Acquisition

Reported in : (1996)56ITD90(JP.)

However, by the time these assessments were completed, Section 4(3) of the Finance Act, 1983 was amended by Finance Act, 1988, whereby it was provided that certain assets which were held by a company as stock-in-trade in a business … Rs. Rs. Rs. Rs. Rs. Rs.---------------------------------------------------------------------------1984-85 22,500 25,88,774 39,73,125 25,88,7741985-86 22,500 40,15,482 57,37,500 40,15,4821986-87 32,25,000 1,05,81,875 Set aside1987-88 61,54,000 1,14,63,2501988-89 64,81,000 1,24,40,250---------------------------------------------------------------------------(5) LAND TO THE EAST & WEST OF CIRCUIT HOUSE (8,901 SQ. MTS.) :---------------------------------------------------------------------------Asst. Value Returned

Her Majesty's Commissioners of Customs and Excise (Appellants) Vs. Zie ...

Court : House of Lords

Subject : Land Acquisition

the 1990 Act. Prior to the abolition of the rating system for domestic properties by the Local Government Finance Act 1988 they would have been entered in the valuation list as a single hereditament. But there is no getting … in that Act "scheduled monument" means any monument which is for the time being included in the Schedule. Section 61(7) provides: "Monument" means (subject to subsection (8) below) - (a) any building, structure or work, whether above or

Nahar Trust Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Subject : Direct Taxation

Reported in : (1996)57ITD55(Mad.)

to the highest slab of income in the case of an association of persons as specified in the Finance Act of the relevant year according to Explanation 2 to Section 164(3) of the Income-tax Act, 1961'. The rates … 13-12-1985 computing the total income at Rs. 1,84,720. The Income-tax payable thereon was calculated at the rate of 61.875%, which worked out to Rs. 1,14,295.The assessee preferred a petition dated 10-4-1986 under Section 154 of the Income-tax

Secy. Federn. of Bus-operators Assn. of T.N. Vs. Union of India (Uoi)

Court : Chennai

Subject : Service TaxMotor Vehicles

Acts : Finance Act, 1994 - Sections 35(38), 65, 65(38), 65(48), 65(50), 65(51), 65(52), 66, 66(3) and 67; Motor Vehicles Act, 1988 - Sections 2, 2(7), 2(22), 2(25), 2(40), 2(43), 49, 51, 58(1), 58(2), 65, 65(32), 65(38), 65(44), 65(48), 65(50) to 65(52), 65(62), 67, 68, 70, 71, 72, 72(2), 72(9), 73, 74, 80, 81, 82, 83, 84, 85, 86, 87(1), 88(8), 88(9), 88(11), 88(14) and 89; Motor Vehicles Act - Sections 63(1), 63(6) and 68; Central Excise Act, 1944; Finance (No. 2) (Amendment) Act, 1996; Finance (No. 2) (Amendment) Act, 1997; Finance (No. 2) (Amendment) Act, 1998; The Haryana Passengers and Goods Taxation Act; Government of India Act, 1935 - Sections 100; Expenditure Tax Act, 1987; Motor Vehicles Rules - Rule 82 to 85 and 128; Motor Vehicles Permit for All India Tours Rules, 1993; Fina

Reported in : 2001(134)ELT618(Mad); 2006[2]STR411; [2007]6STT49

respect of the provisions of the Finance Act. We have, in paragraphs 61 and 62, mentioned the challenge to the 'legislative competence' raised by Mr. … 'tour operators' and requested them to register themselves with the office and follow the procedures prescribed in the Finance Act, 1994 and the rules framed thereunder with effect from 1-4-2000. In all these writ petitions, the contention of … owning a 'spare bus' covered under a 'spare bus permit' as per Section 72(2)(xvii) of the Motor Vehicles Act, 1988.(II) Petitioners who are 'Contract Carriage Operators', owning the vehicles covered under Section 74 of the Motor Vehicles Act,

Deputy Commissioner of Income Tax Vs. Glaxo Smithkline Consumer

Court : Income Tax Appellate Tribunal ITAT Chandigarh

Subject : Direct Taxation

Reported in : (2007)107ITD343(Chd.)

Section 43B by the Finance Act, 1987 which may not be relevant for the purpose of present controversy. Finance Act, 1988 made another amendment in Section 43B. The scope of the amendment was explained by the CBDT vide Circular … 1951 (63 of 1951); (c) "State industrial investment corporation" means a Government company within the meaning of Section 617 of the Companies Act, 1956 (1 of 1956), engaged in the business of providing long-term finance for industrial

Commissioner of Income-tax, Bombay Etc. Vs. M/S. Podar Cement Pvt. Ltd ...

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2, 22, 24, 27, 56, 64(2), 69(D), 93(2), 94(4), 154, 256, 257 and 288; Finance Act, 1987; Registration Act; Gift Tax Act - Sections 2; Old Income Tax Act - Sections 9 (1); Transfer of Property Act, 1882 - Sections 14, 54, 55 and 269; Pakistan (Administration of Evacuee Property) Ordinance, 1949 - Sections 6(1); Rajasthan Land and Building Tax Act, 1964; Bombay Rents, Hotel and Lodging House Rates Control Act - Sections 29(2)

Reported in : AIR1997SC2523; [1997]226ITR625(SC); JT1997(5)SC529; 1997(4)SCALE271; (1997)5SCC482; [1997]Supp1SCR394

years. A. Y.: 1975-76 Income Tax Act 1961 s.27 Income from house property--DEEMED OWNER--Amendment of s. 27 by Finance Act, 1988 whether clarificatory in nature. Ratio: Amendment introduced by the Finance Act, 1988, in clauses (iii), (iiia) and (iiib) … ORDERK. Venkataswami. J.1. In all these cases the scope of Section 22 of the Income Tax Act, 1961 (hereinafter called the 'Act') arises for consideration.2. Brief facts are necessary … to be always speaking. It is also, further, stated thus : (pp. 618-19)In construing an ongoing Act, the interpreter is to presume that Parliament intended

Pepper (inspector of Taxes) Vs. Hart and Others.

Court : Kolkata

Subject : Direct Taxation

Reported in : [1991]191ITR195(Cal)

ordinary school fees.The relevant statutory provisions are to be found in chapter II of Part III of the Finance Act 1976, in particular, sections 61 and 63. Those two sections have now been replaced, with amendments immaterial for … replaced, with amendments immaterial for present purposes, by sections 154 and 156 of the Income and Corporation Taxes Act 1988. Section 61 is the charging provision. It applies where a person is employed in 'directors or higher-paid employment'. Higher-paid employment

Metropolitan Trading Co. Vs. the D.C.i.T., Spl. Range 9

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2004)89ITD662(Mum.)

counsel. In view of this conflict in judicial opinion, the Explanation to Section 263 was amended by the Finance Act 1988 and the following Clause (c) was inserted w.e.f.1.6.88. "(c) where any order referred to in this sub-section and … v. Ahmedabad Crucible Co. - 206 ITR 574. In the case of CIT v.Nirbheram Daluram - 224 ITR 610 the Hon'ble Supreme Court went to the extent of observing that the first appellate authority is even entitled

M.N. Rajan and ors. Vs. Konnali Khalid Haji and anr.

Court : Karnataka

Subject : Civil

Acts : Motor Vehicles Act, 1988 - Sections 166 and 169; Evidence Act - Sections 3 and 101; Code of Civil Procedure (CPC) , 1908 - Order 6, Rule 1

Reported in : III(2004)ACC273; 2004ACJ484; ILR2004KAR3731

partly allowed, awarding Rs. 2,61,000/-together with interest @ 6% p.a. from the date of petition. - SERVICE TAX. Finance Act, 1997, Section 65: [Mohan Shantanagoudar, J] Tour operators Held, Service tax cannot be equated to a tax on … for first time in this Appeal is required to be noticed,only to be rejected in limine.(D) MOTOR VEHICLES ACT, 1988 - SECTION 166 -QUANTUM - FATAL ACCIDENT - CLAIMANTS -JUST AND REASONABLE - FATHER, MOTHERAND BROTHER - DEPENDENCY

Commissioner of Income-tax Vs. A. Sreenivasa Pai

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 139, 139(5), 271 and 271(1)

Reported in : (2000)160CTR(Ker)216; [2000]242ITR29(Ker)

avoided under the then existing provisions. Subsequently, further amendments were brought by the Taxation Laws (Amendment) Act, 1975, (Section 61 of the said amending Act). Four Explanations were substituted for the Explanation introduced by the Finance Act, 1964. … 31, 1976, and (c) after April 1, 1976. Originally, the word 'delibe-rately' existed which was omitted by the Finance Act, 1964, with effect from April 1, 1964. An Explanation was inserted at the end of Sub-section (1) of … Tribunal is right in law and fact in cancelling the February 2, 1988, on a total income of Rs. 6,24,640 including the sum of Rs.