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Sati Oil Udyog Ltd. and anr. Vs. Commissioner of Income-tax and ors.

Court : Guwahati

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80, 143(1A), 246 and 264; Constitution of India - Articles 14, 19 and 226; Finance Act, 1993

assessee had a loss and did not have income liable to tax under the Act. Thereafter, by the Finance Act, 1993, the said Clause (a) of Sub-section (1A) of Section 143 of the Act was substituted with effect from … order under Sub-section (3) of this section or Section 154 or Section 250 or Section 254 or Section 260 or Section 262 or Section 263 or Section 264, the amount on which additional income-tax is payable under

Test Claimants in the Franked Investment Income Group Litigation Vs. C ...

Court : UK Supreme Court

Subject : Land Acquisition

such cases: para 260. It was not open to the Revenue to rely on section 320 of the Finance Act 2004 ("Section 320 FA 2004") or section 107 of the Finance Act 2007 ("Section 107 FA 2007") to … defendant claims and his agent." It replaces (with a minor amendment to section 32(1)(b)) provisions first enacted in section 26 of the Limitation Act 1939, in which section 26(c) was in the same terms as section 32(1)(c). The

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 … soon hereinafter.16. In 1993 Section 25-A was amended yet again by the Bihar Taxation Laws (Amendment and Validation) Act, 1993 giving it retrospective effect as if deemed to have been always so substituted. Since the validity of the … to quote the section in extenso as hereunder : '25-A. Advance recovery of tax.--(1) Notwithstanding anything contained in Section 26, every person responsible for. making any payment of sale price or any amount purporting to be the full

Delhi Development Authority Vs. M/S. Karamdeep Finance and Investment ...

Court : Supreme Court of India

Subject : Land Acquisition

Income Tax Act, 1961 deals with vesting of property in Central Government. Section 269UE has been amended by Finance Act, 1993 w.e.f. 17.11.1992. Amended Section 269UE sub-section (1) is as follows: “269UE. Vesting of property in Central Government.-(1) Where … Ltd. The application in Form 37-I for sale of the said property was filed on 06.10.1988 under Section 269UD of Income Tax Act, 1961 seeking NOC from the Appropriate Authority, Income Tax Department. Later, an order under

1. Mrs. Kailash Suneja (C.W. No. 5220 of 1993 and C.M. No. 1988 of 199 ...

Court : Delhi

Subject : Direct Taxation

Reported in : [1998]231ITR318(Delhi); [1998]97TAXMAN144(Delhi)

and section 269H provided for a further appeal to the High Court.The Chapter XX-C was inserted by the Finance Act, 1986, with effect from 1st of October 1986. I do not want to advert to the scope of … above backdrop, as it were, we have to consider the facts of each case. In C.W. 5220 of 1993 the subject property is C-62 (New G-4), Maharani Bagh, New Delhi. The property is owned by Mrs. Khatoon … 158 ITR 95 :'Clause 33 of the Bill seeks to amend section 269C of the Act relating to immovable property in respect of which proceedings

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 … 2000 to December 31, 2008 subject to the monetary ceiling of Rs. 26. Strong reliance was placed by the counsel for the applicant on the

Shree Jagdamba Coke Industries (P) Ltd. Vs. the State of Jharkhand and ...

Court : Jharkhand

Subject : Sales Tax/VAT

Reported in : [2008(1)JCR572(Jhr)]

Commercial Taxes (Administration), Dhanbad Division, Dhanbad initiating a suo motu revision proceeding under Section 46(4) of the Bihar Finance Act, 1981 for revising the revised assessment orders passed under the Central Sales Tax Act for the years 1981-82 … challenging the order dated 17.8.2006 whereby suo motu revision petition under Section 26(4) of the Bihar Finance Act, 1981 was initiated, but also challenging the … aside the impugned order. It is stated the as against the assessment orders for the years 1981-82 to 1993-94 and 1996-97 and the appellate orders passed therein by the Joint Commissioner of Commercial Taxes (Appeal), Dhanbad, the

Bda Ltd. Vs. Income-tax Officer (Tds)

Court : Mumbai

Subject : Direct Taxation

Acts : Companies Act, 1956; Income Tax Act, 1961 - Sections 133A, 194C, 201(1), 201(1A), 252(2) and 252(3); Finance Act, 1972; Finance Act, 1995; Punjab General Sales Tax Act; Tamil Nadu General Sales Tax Act; Income Tax Appellate Tribunal Rules - Rule 29

Reported in : (2006)201CTR(Bom)413; [2006]281ITR99(Bom)

Cement Works v. CBDT : [2001]248ITR216(SC) .7. Section 194C of the Act was brought into existence by the Finance Act, 1972, and with effect from April 1, 1972. Circular dated May 29, 1972 (see [1972] 84 ITR 99), … contracts', and labour contracts and will not cover contracts for sale of goods. By subsequent circular dated September 26, 1972 (see [1972] 86 ITR 30), it was clarified that, the said section will not apply to transport

Voltas Limited Vs. the State of Jharkhand and ors.

Court : Jharkhand

Subject : Sales TaxLimitation

Acts : Indian Companies Act, 1913; Bihar Finance Act, 1981 - Sections 12, 13, 17(5), 18, 19(1), 21, 21(1), 24 and 58; Bihar Finance Rule, 1981 - Rule 13A; Rajasthan Sales Tax Act - Sections 5(3); Rajasthan Sales Tax Rule - Rule 29(2); 46th Amendment Constitution of India - Article 366(29A)

Reported in : [2006(3)JCR518(Jhr)]

one place to another and the sale of such air-conditioners is chargeable to sales tax under the Bihar Finance Act, 1981 under Entry No. 116 of the Schedule at the rate of 16%.6. One of the disputes in … of the petitioner to assess at the rate of 8%. Further, according to the respondents, the provision of Section 12 of the Bihar Finance Act is not applicable in these cases, as the said provision relates to … as per Entry No. 116 of the Government's Notification No. 14545 dated 26th December, 1977. The assessment is to be done over such goods at

Asstt. Cit Vs. Executors of the Estate of Bhagwan

Court : Income Tax Appellate Tribunal ITAT West Bengal

Subject : Direct Taxation

Reported in : (2001)79ITD539Cal

end here. There is another provision inserted by way of section 167B introduced in the Act by the Finance Act, 1992 with effect from 1-4-1993, whereby an Association of Persons is to be charged to tax at the … and ascertainable, is to be assessed under section 167B(2) or the individual members are to be assessed under section 26 of the Act.Five co-owners acquired a property consisting of 8 storeyed buildingThe ground floor is used as godown