Advanced Search Results

Shree Jagannath Packers and ors. Vs. State of Orissa and ors.

Court : Orissa

Subject : CivilSales Tax

Acts : Orissa Sales Tax Act, 1947 - Sections 6, 7 and 12; Central Sales Tax Act, 1956 - Sections 8(5) and 13(3); State Financial Corporation Act, 1951 - Sections 29; Orissa General Clauses Act, 1937 - Sections 22; Punjab General Clauses Act, 1898 - Sections 19; Bihar Finance Act - Sections 7; Customs Act, 1962 - Sections 25 and 25(1); Electricity Supply Act - Sections 49; Rajasthan Sales Tax Act, 1954 - Sections 4(2); East Punjab Public Safety Act - Sections 20 and 36(1); General Clauses Act, 1897 - Sections 21; Central Sales Tax (Deferment of Payment of Taxes) Orissa Rules, 1990; Constitution of India - Articles 14, 154(1), 154(2), 161, 162 and 166(3)

Reported in : [2005]141STC26(Orissa)

that a notification issued by the State Government in exercise of powers under Section 7 of the Bihar Finance Act to the extent it is repugnant to the Industrial Policy Resolution of the Government of Bihar is bad. … production to new small-scale industries. Accordingly, Notification No. 27662-CTA-560/90-F dated August 16, 1990 was issued under Section 6 of the Orissa Sales Tax Act, 1947 … rescind such notification of exemption of tax and/or deferment of payment of tax. They also pointed out that Section 25 of the Customs Act provides for the powers of the Central Government to grant exemption from duty but

FabIndia Overseas Ltd. Vs. Dy. Cit

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

was entitled to get deduction on this amount in this year. For this purpose, he relied on paragraph 25 of the Explanatory Notes to the Finance Act, 1990. In this paragraph, it has been clarified that one … counsel for the assessee pointed out that provisions of Sub-section (2) of Section 80HHC were amended by the Finance Act, 1990, with effect from 1-4-1991, by which the word "receivable" was replaced by the words "received in, or brought

Cawnpore Textiles Ltd. Vs. Commissioner of Income-tax

Court : Allahabad

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 10, 17, 28, 35B, 35B(1), 36(1), 40, 40A(5) and 256(1); Finance Act, 1990; Customs and Central Excise Duties Drawback Rules, 1971

Reported in : (2006)200CTR(All)203; [2005]276ITR612(All)

concerned it may be mentioned here that Section 28(iiib) of the Act which has been inserted by the Finance Act, 1990, with effect from April 1, 1967, provides that the case assistance (by whatever name called) received or receivable … years 1975-76 and 1976-77, the Income-tax Appellate Tribunal, Allahabad, has referred the following questions of law under Section 256(1) of the Income-tax Act, 1961 (hereinafter referred to as the 'Act'), for the opinion of this court :'1.

Larsen and Toubro Ltd. and ors. Vs. State of Bihar and ors.

Court : Patna

Subject : Sales Tax

Acts : Constitution of India - Articles 286 and 366(29A); Bihar Finance Act, 1981 - Sections 2, 25A, 25A(2) and 25A(7); Bihar Taxation Laws (Amendment and Validation) Act, 1993; Central Sales Tax Act, Sections 3, 4, 5, 14 and 15

Sachchida Nand Jha, J. 1. The vires of Section 25-A of the Bihar Finance Act, 1981 and the related rules and notification regarding deduction of sales tax at source from the contractors' bills … to the case later.15. In 1990 Section 25-A was amended by the Bihar Taxation Laws (Amendment and Validation) Act, 1990. The Builders Association of India and others challenged the amended provisions in different writ petitions which came up

indo NissIn Foods Ltd. Vs. Union of India

Court : Karnataka

Subject : Customs

Acts : Central Excise Tariff Act, 1985; Customs Act - Sections 25 and 27

Reported in : 1993(43)ECC174; 1993LC48(Karnataka); 1993(68)ELT292(Kar); ILR1993KAR1548

11-11-1988, and 65/89 dated 1-3- 1989. These notifications were issued under Section 25 of the Act. Under the Finance Act, 1990 an auxiliary duty of customs at the rate of 50% was levied. This was reduced to 5% under

Mahyco Monsanto Biotech (India) Pvt. Ltd. and Others Vs. THE UNION OF ...

Court : Mumbai

Subject : Service Tax

Matched in: Parties Mahyco Monsanto Biotech (India) Pvt. Ltd. and Others Vs. THE UNION OF INDIA through the Secretary, Ministry of Finance, Department of Revenue and Others

Kapcompany General Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2004)84TTJ(Delhi)66

14. It may be pointed out that this provision has been introduced w.e.f. 1st April, 1991 by the Finance Act, 1990. Prior to it the provision of Section 80M as originally enacted and substituted by the Finance Act, 1970 … financial institution or a State Financial Corporation or a State Industrial Investment Corporation or a company registered under Section 25 of the Companies Act, 1956 (1 of 1956), sixty per cent of the income by way of dividends

Assistant Commissioner of Vs. Canara Food Processors (P.) Ltd.

Court : Income Tax Appellate Tribunal ITAT Pune

Subject : Direct Taxation

Reported in : (1993)45ITD500(Pune.)

assessments. Even after re-opening, the assets brought to tax would have been exempt under Section 40 of the Finance Act, 1983. Revenue is in appeal on the following common grounds, viz. : (1) The order of the CWT … as they were erroneous and prejudicial to the interest of revenue within the meaning and expression contained in Section 25(2) of the Wealth-tax Act for the following reasons, viz., the value of land held in stock-in-trade for the

itc Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Direct Taxation

Reported in : (2003)86ITD135(Kol.)

was issued by the CBDT to explain the substance of the provisions relating to direct taxes in the Finance Act, 1986. The learned authorised representative is also silent about the observation of the AO that this type of … valuation of land sold to TCS/ITC Classic with all supportings in terms of valuation reports of 1983 and 1990. Kindly note that for the purpose of splitting the sale consideration between land and building, the latest valuation … the AO in rejecting the appellant's claim for being allowed deduction under Section 36(1)(iii) of IT Act, 1961, while computing the income chargeable under the … also submitted that a letter issued by the Calcutta Stock Exchange, dt. 25th Oct., 1994, with the AO stating the cum-right price and the ex-right

L.M.L. Limited Vs. Saraswati Trading Company Limited and ors.

Court : Delhi

Subject : SICA

Acts : Code of Civil Procedure (CPC), 1908 - Sections 9; Securities Contracts (Regulation) Act, 1956 - Sections 14; Sick Industrial Companies (Special Provisions) Act, 1985 - Sections 22

Reported in : 1995(35)DRJ233

the Industrial Finance Corporation of India by its letter dated 13th August, 1990 on the terms and conditions contained in the said letter. It appears … and Piaggio was prepared and placed before the financial institutions and banks and more particularly to the Industrial Finance Corporation of India. Lml Fibres and Prakati Synthetics Limited (PSL) were the subsidiary companies of Lml Limited. Lml … 17 is under preparation or consideration or a sanctioned scheme is under implementation or where an appeal under Section 25 relating to an industrial company is pending, then, notwithstanding anything contained in the Companies Act, 1956 (1 of