Advanced Search Results

Krishnagopal Nagpal Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Pune

Subject : Direct Taxation

Reported in : (2004)82TTJ(Pune.)481

of calculation of tax has further been elaborately expressed in Section 112. This provision was inserted by the Finance Act, 1992, w.e.f. 1st April, 1993. Section 113 was inserted by the Finance Act, 1995, w.e.f.1st July, 1995. This clearly

Mamatha Motels Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Direct Taxation

Reported in : (2003)84ITD582(Coch.)

on the death of any of its partners.There was a proviso to Section 187, which was omitted by Finance Act, 1992 w.e.f. 1-4-1993 which read as under : (i) the income of the previous year shall, for the purposes … total undisclosed income relating to the block period shall be charged to tax, at the rate specified in Section 113, as income of the block period irrespective of the previous year or years to which such income relates

Noble Asset Co. Ltd. and ors. Vs. Commissioner of Customs

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Subject : Land Acquisition

Reported in : (2006)(112)ECC457

been made applicable to certain designated areas in the EEZ and the continental shelf. The provisions of the Finance Act have not been made applicable at all and consequently the duties leviable under the said Finance Act could … is also another interesting issue which was raised i.e., since the provisions of the Foreign Trade (Development & regulation)Act 1992 and the orders issued thereunder were not applicable to the EEZ and continental shelf by issue of necessary … appellants, before us: (i) Rig Noble Jimmy Puckett/Essar Explorer confiscated under Section 111(d), (f),(g),(h) and (o) and under Section 113(d), (f), (g) and (h) of the Customs Act,1962 and was allowed to be released on a fine of

Radhika Agarwal versus Union of India and Others

Court : Supreme Court of India

Subject : Right to Information

Reported in : [2025]2S.C.R.1331

Customs Act, 1962 and the Central Goods and Services Tax Act, 2017 (GST Act).Headnotes† Customs Act, 1962 - Finance Act, 2012 - Finance Act, 2013 - Finance Act, 2019 - ss.104(4), 104(6) - Central Goods and Services Tax … (d) fraudulently obtaining an instrument for the purposes of this Act or the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992), and such instrument is utilised under this Act, where duty relatable to such utilisation of … and Cosmetics Act, 1940; Prevention of Money Laundering Act, 2002.List of Keywords Section 104(4), 104(6) of Customs Act, 1962; Finance Act, 2012; Finance Act, 2019; … State of Gujarat v. Choodamani Parmeshwaran Iyer and Another [2023] 8 SCR 1139 : 2023 SCC OnLine SC 1043; Bharat Bhushan v. Director General of

Satyabhushan Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2004)84TTJ(Bang.)165

leviable or not. CIT(A) held that surcharge is correctly levied as per provisions in first schedule to the Finance Act. The Finance Act provides that if income-tax is computed in accordance with Section 113, same is required to … block period the rates of surcharge were as under: Asst. yr. Rate of Surcharge 1990-91 8% 1991-92 8% 1992-93 12% 1993-94 12% 1994-95 12% 1995-96 Nil 1996-97 Nil 1997-98 Nil 1998-99 Nil 1999-2000 Nil 2000-2001 10% For

Commissioner of Income Tax vs.m. S. Aggarwal

Court : Delhi

Subject : Direct Taxation

-B of the Income-tax Act. Chapter XIV-B consisting of sections 158B to section 158BH was introduced by the Finance Act, 1995 with effect from 1.7.1995 to make procedure of assessment of search cases more effective. The chapter is … the said Chapter. Initially undisclosed income relating to the block period was taxed at 60% as prescribed under Section 113, with immunity from specified interest and penalty contemplated under Section 158BF on the undisclosed income. This had no

The Commissioner of Income Tax vs.m. S. Aggarwal

Court : Delhi

Subject : Direct Taxation

-B of the Income-tax Act. Chapter XIV-B consisting of sections 158B to section 158BH was introduced by the Finance Act, 1995 with effect from 1.7.1995 to make procedure of assessment of search cases more effective. The chapter is … the said Chapter. Initially undisclosed income relating to the block period was taxed at 60% as prescribed under Section 113, with immunity from specified interest and penalty contemplated under Section 158BF on the undisclosed income. This had no

Commissioner of Customs, Kolkata Vs. Peerless Consultancy Services Pvt ...

Court : Supreme Court of India

Subject : Customs

Acts : Customs Act, 1962 - Sections 11, 113 and 114; Foreign Trade (Regulation) Rules, 1993 - Rules 11 and 14; Foreign Trade (Development and Regulation) Act, 1992 - Sections 3(3)

Reported in : 2007(119)ECC77; 2007LC77(SC); 2007(213)ELT481(SC); [2007(3)JCR185(SC)]; JT2007(8)SC505; 2007(8)SCALE386

that the guidelines contained in circular No. 69/97-CUS dated 8.12.1997 issued by the Government of India, Ministry of Finance, Department of Revenue, New Delhi, as it has not succeeded in making out a case against respondent as … of the Foreign Trade (Regulation) Rules, 1993 read with Section 3(3) of the Foreign Trade (Development & Regulation) Act, 1992 and Section 11 of the Customs Act, 1962 and, therefore, should be held liable for confiscation under Section … the steel balls and willful misstatement and suppression and violation of Section 113(d) of Customs Act, 1962 (in short the 'Act') read with Rule 11

Rajeev Verma Vs. Union of India (Uoi) and ors.

Court : Delhi

Subject : CriminalCustoms

Acts : Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 - Sections 3(1); Customs Act, 1962 - Sections 2(39), 50(2), 77, 82, 84 and 113; Exim Policy, Foreign Trade Development and Regulation Act, 1992; Foreign Exchange and Prevention of Smuggling Activities Act, 1974; Code of Criminal Procedure (CrPC) - Sections 80 and 81; Foreign Trade (Regulations) Rules, 1993; Constitution of India - Articles 14, 21, 32 and 226

Reported in : 2007CriLJ1232; 2007(94)DRJ34; 2007(218)ELT200(Del)

by RBI and petitioner had also violated provisions of Customs Act, Exim Policy, Foreign Trade Development and Regulation Act, 1992, Foreign Trade (Regulations) Rules, 1993 etc.10. Let us consider the petitioner's Explanationn regarding shipment of some air consignments … to Russian Federation only. No third country exports are permitted to be financed out of funds from such repayments of state credits.12. The benefit under … impugned order was liable to be set aside on the short ground that there was no infarction of Section 113(i) of the Customs Act even if the allegations in the Show Cause Notice were taken to be true.

K. Moidu, Alias Kunhippa and K. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Land Acquisition

Reported in : (2002)81ITD242(Coch.)

the undisclosed income of the block period levy of tax is not as per the Schedule to the Finance Act. In Section 113 there is no provision to allow the basic exemption and to levy tax on the … balance amount was the undisclosed income of the asst. yr.1992-93. Accordingly the undisclosed income for the asst. yr. 1992-93 was assessed at Rs. 1,20.570.6. Shri Warrier, the learned representative of the assessee, submitted before us that the