Advanced Search Results

Sial Sbec Bioenergy Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2004)83TTJ(Delhi)866

unabsorbed depreciation allowance in amalgamation or demerger), Section 10(6) as inserted in the year 1961 and omitted by Finance Act, 1993, Section 10(5)(b) prior to its omission by Finance Act, 2002, Section 32A investment allowance, Section 80RRA. References to these … circumstances of the case and in law in upholding the order of the AQ charging interest under Section 234B of the Act. 8. The order of the learned CIT(A) to the extent indicated above is contrary to

Virtual Soft Systems Ltd. Vs. Commissioner of Income Tax, Delhi-i

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 28(1), 48, 143, 143(1), 143(1A), 260A, 271 and 271(1); Finance Act, 1975; Finance Act, 2002 - Sections 271; Taxation Laws (Amendment) Act, 1975; Finance Act, 1993; Finance Act, 1992; Finance Act, 1951; Income Tax Act, 1922 - Sections 23(5), 28 and 28(1); Constitution of India - Article 20(1)

Reported in : (2007)207CTR(SC)733; [2007]289ITR83(SC); JT2007(3)SC125; 2007(2)SCALE612; (2007)9SCC665

the Act before its amendment which came on the statute in 1993 with retrospective effect from 1.4.1989. The Finance Act, 1993 amended Section 143 (1A) of the Act with retrospective effective from 1.4.1989 to specifically provide for levy of … meaningless and infructuous. Further, in the said case, this Court proceeded specifically on the footing that under section 23(5) of the 1922 Act, a registered firm was liable to pay tax but the tax due from the

Sukra Diamond Tools Pvt. Ltd. Vs. Deputy Commissioner of Income Tax

Court : Chennai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(6A), 2(15), 3, 4(1), 6, 14, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43B, 43D, 70, 71, 72, 80, 86, 139(1), 139(3), 143, 143(1), 143(1A), 154, 157, 246 and 264

Reported in : (1997)137CTR(Mad)629; [1998]229ITR682(Mad)

principle of interpretation. 12. Mr. S. V. Subramaniam, learned senior counsel for the respondents, takes me through the Finance Act, 1993, which introduced s. 143(1A)(a) in the present form and the fact that the same has been given retrospective … been given retrospective effect from 1st April, 1989. With reference to cl. 23 of the Bill which introduced the amendment, the notes on clauses in … in the return, shall be allowed by the assessing authority. 4. We now come to the most important section, viz., s. 143(1A)(a). Since the entire issue raised in these writ petitions relates to the said sub-section, the

M/s. Bharti Airtel Ltd. Vs. The Commissioner of Central Excise

Court : Mumbai

Subject : Service Tax

amount of Rs.2,04,39,093/- under provisions of Rule 14 of the Credit Rules read with Section 73 of the Finance Act,1994. In respect of towers and parts thereof, prefabricated building, printers and office chairs, the Commissioner observed that the … further show cause cum demand notices were issued issued covering the period October 2005 to March 2008 dated 23.4.2007, 8.2.2008 and 23.10.2008 making an aggregate demand of Rs.15,40,63,898/- as also interest and equivalent penalty was demanded. 9.

M. Babu Rao and ors. Vs. Deputy Registrar of Co-operative Societies/Of ...

Court : Andhra Pradesh

Subject : BankingTrusts and Societies

Acts : Andhra Pradesh Co-operative Societies Act, 1964 - Sections 6, 9A, 9B, 9C, 12A, 13, 15A, 16, 17, 19, 21, 21A, 21AA, 23, 32(3), 32, 34, 34A, 56, 58, 60, 61, 61(1), 64, 66, 70, 70(2), 71, 71(1), 71(2), 71(3), 73, 76, 77, 78, 80, 115A, 115B, 117, 121 and 133; Andhra Pradesh Co-operative Societies (Amendment) Act, 1970; Andhra Pradesh Co-operative Societies Rules; Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995 - Sections 36, 36A and 37; Andhra Pradesh Protection of Depositors and Financial Establishments Act, 1999; Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969; Banking Companies Act, 1949; Banking Laws (Amendment) Act, 1983 - Sections 42; Banking Laws (Application to Co-operative Societies) Act, 1965; Banking Regulation Act, 1949 - Sections 2, 3,

Reported in : 2005(4)ALD582; 2005(4)ALT327; [2005]126CompCas708(AP); [2005]63SCL339(AP)

notice was issued to the Union of India in the Ministry of Finance, Department of Economic Affairs (Banking Division). Sri M. Ratna Reddy, learned counsel … by the Tribunals constituted under the provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [Central Act 51/93] (for short 'the 1993 Act') and the jurisdiction of the authorities under the 1964 Act … 12A, Section 13, Section 15A, Section 16, Section 17, Section 19, Section 21, Section 21 A, Section 21AA, Section 23, Sub-section (3) of Section 32, Section 34, Section 34A, Section 60, Section 62, Section 64, Section 66, Section

All Gujarat Federation of Tax Consultants and ors. Vs. Central Board o ...

Court : Gujarat

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 9, 44AA, 116 and 194

Reported in : [1995]214ITR276(Guj)

enunciated by the Supreme Court of India in its judgment dated March 23, 1993, in Civil Appeal No. 2860/(NT) of 1979 - Associated Cement Co. … for deduction of tax from payments to contractors and sub-contractors. Section 194C was brought into existence by the Finance Act, 1972, with effect from April 1, 1972. Various amendments have been made in that section since then up … common question arises about the validity of Circular No. 666 (see [1993] 204 ITR 40) dated October 8, 1993, and Circular No. 681 (see [1994] 206 ITR 299 dated March 8, 1994, respectively, issued by the Central

Shree Fats and Proteins Ltd. Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Subject : Sales Tax

Acts : Finance Act, 2000 - Sections 119 and 120; Central Sales Tax Act, 1956 - Sections 9, 9(2), 9(2A) and 9(2B); Rajasthan Sales Tax Act, 1994 - Sections 29, 37, 53, 58, 70 and 70(2); Rajasthan Sales Tax Act, 1954 - Sections 12; Kerala General Sales Tax Act, 1963 - Sections 23(3); Constitution of India - Articles 14, 19 and 19(1)

Reported in : [2006]146STC310(Raj)

numbering 29, the petitioners have challenged the provisions of Sub-clause (2)(d) of the validation Clause 120 of the Finance Act, 2000 (Act No. 10 of 2000) be declared to be violative of Articles 14 and 19(l)(g) of the … Sharma, learned Counsel for the petitioner, has submitted that sales tax liability of the petitioner-company for the year 1993-94 was assessed to be Rs. 14,19,418. The amount was based on tax for non-submission of form 'C' under … of Articles 14 and 19(l)(g) of the Constitution of India and of Section 9(2B) of the Central Sales Tax Act, 1956. The challenge to the … the context of interest that liability to pay such interest Under Section 23(3) of the Kerala General Sales Tax Act, 1963 arises only in case

Jacobus Johannes Liebenberg No. and Others Vs. Bergrivier Municipality

Court : South Africa Supreme Court of Appeal

Subject : Land Acquisition

Act 32 of 2000 (the Systems Act), the Local Government: Municipal Finance Management Act 56 of 2003 (the Finance Act) (which came into operation on 1 July 2004) and lastly the Local Government: Municipal Property Rates Act 6 … the third column of the Schedule (2) Despite the repeal of section 10G of the Local Government Transition Act, 1993 (Act 209 of 1993), by subsection (1) of this section, the provisions contained in subsections (6), (6A) and … requires a municipality to invite the local community to submit representations in connection with the budget (s 22(a)(ii)). Section 23 requires a municipality to consider the views of the local community and various bodies, such as the National

Commissioner of Sales Tax Vs. Pec Vee Textile Ltd.

Court : Mumbai

Subject : Sales Tax

Acts : Bombay Sales Tax Act, 1959 - Sections 41BB and 61; Central Sales Tax Act, 1956; Finance Act, 2001; Bombay Sales Tax Rules, 1959 - Rule 31B

Reported in : (2009)26VST281(Bom)

view to impose ceiling on the utilization of incentives by an eligible unit under different schemes, by the Finance Act, 2001 Section 41BB has been inserted into the BST Act, thereby empowering the State Government to prescribe different … going a step further in declaring that proportionate benefits theory is not applicable to expansion units covered under 1993 Package Scheme of Incentives, when it was not asked for by the applicant (appellant sic) and their prayer … Stamp Act with effect on and from 1.4.1979 under Government Notification dated 23.3.1979. Thus, where loan was granted by Bank of India under Agricultural Finance

V.M. Salgaocar and Bros. Ltd. and ors. Vs. Income-tax Officer and ors.

Court : Karnataka

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 194C, 194C(1) and 194C(2); Finance Act, 1995

Reported in : (1999)154CTR(Kar)564; [1999]237ITR630(KAR); [1999]237ITR630(Karn)

enunciated by the Supreme Court of India in its judgment dated March 23, 1993, in Civil Appeal No. 2860(NT) of 1979-Associated Cement Co. Ltd. v. … equal to two per cent. of such sums as income-tax on income comprised therein. By amendment by the Finance Act, 1995, this amount has been reduced to one per cent. in the case of advertising and in any … V. K. Singhal, J.1. The validity of Circular No. 666 (see [1993] 204 ITR 40), dated October 8, 1993/March 8, 1996 (see [1994] 206 ITR 299), issued by the Central Board of Direct Taxes is assailed in … (see [1993] 204 ITR 40), clarification of the term 'any work' in Section 194C and the decision of the Supreme Court in the case of