Advanced Search Results

The Commissioner of Wealth Tax Vs. Smt. Krishna Kapoor L/J of Late Ran ...

Court : Mumbai

Subject : Direct Taxation

Acts : Wealth Tax Act, 1977 - Sections 5 and 5(1); Taxation Laws (Amendment) Act, 1975 - Sections 83; Finance Act, 1992

Reported in : [2009]180TAXMAN190(Bom)

a contract or by way of inheritance or otherwise;This position continued till it was deleted from 1.4.1976 by Finance Act,1992.5. In the instance case, there is no dispute that Raj Kapoor was the owner of the copyright … accrues to him therefrom;4. The Taxation Laws (Amendment) Act, 1975 came into force from 1.4.1976. By virtue of Section 83, proviso to clause (v) was substituted by the following proviso.Provided that they are held by him in his

Bank of America Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2001)78ITD1(Mum.)

income-tax) of this Act in respect of the total income of the previous year of every person. The Finance Act, 1992, Finance Act, 1993 and the Finance Act, 1994 provide for levy of tax in the case of companies … the Supreme Court in the case of CIT v. K. Srinivasan [1972] 83 ITR 346, relied upon by the CIT is claimed to be misplaced. … States. It had filed the returns of income for assessment years 1992-93 to 1994-95 in India. Assessments under Section 143(3) had been completed for the said assessment years. In the case of domestic companies, the rate of

Chitra Construction Company Vs. Addl Commissioner of Customs

Court : Chennai

Subject : Land Acquisition

read with Section 12E of the Central Excise Act, 1944, made applicable to service tax, in terms of Section 83 of the Finance Act, 1994. Based on the search warrants issued, a search was conducted, on 1.3.2012, in … Valley, Green Home, Onampalayam, Coimbator”109. culminating in Mahazar dated 1.3.2012 as being ultra vires Section 82 of the Finance Act, apart from being in excess of jurisdiction and unconstitutional. W.P.No.22902 of 2012: Writ Petition filed under Article 226 … Nenmal Shankarlal Parmer Vs. Parmar Vs. Assistant Commissioner of Income Tax (Investigation), 1992 (195) ITR 582.to state that a search warrant issued in respect of

inspecting Assistant Vs. Tata Chemicals Ltd. Tata

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (1999)68ITD205(Mum.)

of s. 194A as they stood at the relevant time before being modified by Finance Acts 1987 and 1992. Sec. 194A read as under : 194A. "Interest other than "Interest on securities". - (1) Any person, not … proportionate account.17. In order to further mitigate inconvenience to individuals assessees only s. 197A was introduced by the Finance Act 1982 w.e.f. 1st June, 1982, which reads as under : 197A "No deduction to be made in certain … as the case of Hindustan Steel Ltd. vs. State of Orissa (1972) 83 ITR 26 (SC), CIT vs.Smt. Vijayanthimala (1977) 108 ITR 882 (Mad), CIT … keeping in mind the scheme of the Act. Literal interpretation of a section of words had to be avoided if it led to absurd results

Commissioner of Service Tax, Service Tax Vs. M/S. Scott Wilson Kirkpat ...

Court : Karnataka

Subject : Service Tax

35G of the Central Excise Act, 1944, for short hereinafter referred to as “the Act”. In view of Section 83 of the Finance Act, 1994. He contended that, as is clear from the questions of law raised in … assessee is providing taxable services under the category of ‘Consulting Engineer Service’ and are duly registered under the Finance Act, 1994. The assessee entered into a contract agreement captioned as ‘Project Coordinating Consultancy Services for Karnataka State Highways … that assessee is guilty of violating Para 156(A) of the Exim Policy 1992-97 and therefore, they are liable to be assessed under Tariff Heading 64.04

Ubs Securities Asia Ltd. Vs. Securities and Exchange Board of India

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Subject : MRTP

Reported in : (2005)6CompLJ64SAT

Headquartered in New York and London. The appellant is a Foreign Institutional Investor (FII) registered with SEBI. Swiss Finance Corporation (Mauritius) Limited ('SFCML' for short) is registered as a proprietary sub-account of the appellant. UBS AG London … above and in exercise of the powers conferred on me in terms of Section 19 of the SEBI Act, 1992, read with Section 11(4) and 11B of SEBI Act, 1992, I hereby prohibit UBS / its affiliates /

Cit Vs. Advance Construction Co. Ltd.

Court : Gujarat

Subject : Direct Taxation

Reported in : [2005]143TAXMAN61(Guj)

exceeding 51 per cent from such activities as specified in the definition under section 2(7)(c) of the relevant Finance Act.(1) Minocha Bros. (P) Ltd. v. CIT : [1993]204ITR628(SC) (2) CIT v. Minocha Brothers (P) Ltd. : [1986]160ITR134(Delhi) (3) … this connection he placed reliance on the decision of Malabar Industrial Co. Ltd. v. CIT (2000) 243 ITR 83. He reiterated his submission that merely because investment allowance had been granted and no remedial action had been

Rashmikant Kundalia and Another Vs. Union of India and Others

Court : Mumbai

Subject : Direct Taxation

in such manner and setting forth such particulars and within such time as may be prescribed. (Inserted by Finance Act (No.2) Act, 2014 w.e.f. 1-10-2014)[Provided that the person may also deliver to the prescribed authority a correction statement … v. State of Kerala [(1979) 1 SCC 23 : AIR 1979 SC 83] SCC para 6 : AIR para 6. Also, it is none of … Petition filed under Article 226 of the Constitution of India, the Petitioners have challenged the constitutional validity of section 234E of the Income Tax Act, 1961. Section 234E seeks to levy a fee of Rs.200/- per day

Commissioner of Income Tax Vs. Advance Construction Co. P. Ltd.

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 4, 28 to 43A, 143(3), 145, 256(2) and 263; Finance Act - Sections 2(7) and 32A; Income-tax Act, 1922 - Sections 10(1), 10(2), 28 and 29

Reported in : (2005)193CTR(Guj)127; [2005]275ITR30(Guj)

that it had income exceeding 51% from such activities as specified in the definition u/s.2(7)(c) of the relevant Finance Act.[1] : [1993]204ITR628(SC) - Minocha Bros. Pvt. Ltd. v. Commissioner of Income Tax. [2] : [1986]160ITR134(Delhi) Commissioner of Income … of Malabar Industrial Co. Ltd. v. Commissioner of Income Tax, (2000)243 ITR 83. He reiterated his submission that merely because investment allowance had been granted … D.A. Mehta, J.1. This reference has been preferred by the Commissioner of Income Tax under Section 256(2) of the Income Tax Act,1961 ('the Act') seeking opinion on the following four questions :'[1] Whether, on

Sebi Vs. Shriyam Broking Intermediary

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Subject : MRTP

the said prospectus the main object of HTL is to carry on business as share and stock brokers, finance brokers, underwriters, sub-underwriters, agents and brokers for taking hold dealing in, converting stocks, shares and securities of all … at all) took place subsequently.9.5 Shriyam submitted that section 15J of the Securities and Exchange Board of India Act, 1992 ("SEBI Act") applies in relation to adjudicating quantum of penalty levied under Section 15I of the SEBI Act, … case of Hindustan Steel Ltd. Vs. State of Orissa (reported in (1972) 83 ITR 26) for the purpose of dealing with an order imposing penalty.9.2