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20 Microns Ltd. Vs. Commissioner of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Subject : Land Acquisition

2505.30 2505.40, 2505.50, 2505.60, 2505.70 & 2505.90 under heading 25.05. These subheadings remained till the enactment of the Finance Act, 1995.2.5 By the said Finance Act, 1990, Note 2 to chapter 25 as it stood immediately prior thereto was … in lumpy form which is crushed and agglomerated. The particles are then separated as per required size.2.1 Note 2 to chapter 25 as introduce on 1st March 1986, is reproduced below. Heading Nos. 25.01, 25.03 & 25.05

Commr.of Income Tax-i,new Delhi Vs. Vatika Township P.Ltd.

Court : Supreme Court of India

Subject : Land Acquisition

to the CIT, in view of the provisions of Section 113 of the Act as inserted by the Finance Act, 1995 and clarified by the Board Circular No.717 dated 14.08.1995, surcharge was leviable on the income assessed. According to … imperative to take note of the relevant provisions pertaining to the block assessment. These provisions are contained in Chapter XIV-B. The purpose of this Chapter is to lay down a special procedure for assessment of search cases … the Division Bench in the case of Commissioner of Income Tax, Central II v. Suresh N. Gupta[1].. The Division Bench held that the said proviso

Commissioners for Her Majesty's Revenue and Customs (Respondent) Vs. D ...

Court : UK Supreme Court

Subject : Land Acquisition

of ICTA 1988. Those new sections were inserted into Part XVII, Chapter II by section 80(1) of the Finance Act 1995 and section 122 of the Finance Act 1994 respectively, to apply (in each case) to transactions entered into

Merit Enterprises Vs. Dy. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (2007)288ITR226(Hyd.)

The crux of arguments can be summarised in the following propositions: a) 'Rates of tax' normally specified in Chapter II, Section 2 of the Finance Act relating to each of the assessment years have no application to the … to various years covered by the block assessment. We find that second proviso to Section 7(2) of the Finance Act, 1995, specifically provides that "the amount of income-tax computed in accordance with the provisions of Section 112 or 113

Manisha Construction Vs. the Asstt. Cit

Court : Income Tax Appellate Tribunal ITAT Pune

Subject : Direct Taxation

proceedings as provided under the newly inserted Sub-clause (A) of Clause (c) of Section 158BB(1) inserted by the Finance Act, 2002 with retrospective effect from 1-7-1995.14. We have considered the rival contentions of both the parties and have … to provisions of Section 158BB(1) providing the manner of computation of undisclosed income of any block period under Chapter XIVB of the Act. Section 158BB reads as under: 155BB(1). The undisclosed income of the block period shall … and facts in passing the order confirming the addition of Rs. 18,80,870. 2. The ld. CIT(A) has erred in adding buck the amount of Rs

Mitsui and Company Ltd. Vs. Deputy Commissioner of Income Tax

Court : Delhi

Subject : Direct Taxation

Reported in : (1999)65TTJ(Del)1

Explanationn in section 9(ii) of the Income Tax Act, 1961, with effect from 1st April, 1979 by the Finance Act, 1983, it is clarified and declared that the income which falls under the head 'salaries' payable for services … small amount of salary paid to its expatriate employees. The Assistant Commissioner issued a letter on 28th March, 1995, calling for information under section 133(6) of the Income Tax Act about the salary, etc., paid to expatriate … tax as required to be deducted by or under the provisions of Chapter XVII-B, the liability to penalty arises unless such failure is proved to

Madura Coats Limited Vs. Central Board of Excise and Customs and Commi ...

Court : Chennai

Subject : Excise

Acts : Constitution of India - Article 226

Reported in : 2004(163)ELT164(Mad)

indicating that such cloth would be classifiable under Clause 59.03. The position continued till 1995, when under the Finance Act, 1995, Note 2(c) of Chapter 59 was withdrawn, thus, reverting the position to pre-1989 stage. However, thereafter the Board … the provisions contained in Section 37B of the Central Excise Act (hereinafter called as 'the Excise Act'), Note 2 of Chapter 59 of the Central Excise Tariff Act (hereinafter called as 'the Tariff Act') and Article 14,

Shri C. Raman Reddy Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2004)268ITR49(Bang.)

provisions of Section 132 was provided for even at that time. The only change brought in by the Finance Act. 1995 was to introduct a "Special Procedure for assessment of search cases" as could be seen from the Budget … sole purpose of examining whether the assessment is in time. A statutory umbilical cord joints section 132 and Chapter XIV-B. By the Finance No. (2) Act. 1998 Section 158 BE was retrospectively amended with effect from 1.7.1995, … was passed with respect to the assessee firm dealing with the same. ii) Panchanama dt. 13.12.1996 was not a valid panchanama for the reason that

Union Of India Vs. M/s. B.t. Patil And Sons Belgaum (construction) Pvt ...

Court : Supreme Court of India

Subject : Land Acquisition

Customs Act, Section 37 of the Central Excise Act and Section 93A read with Section 94 of the Finance Act, 1994, the Central Government has made a set of rules called the Customs, Central Excise Duties and Service … Government has made a set of rules called the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995. Rule 2(a) defines ‘drawback’ in relation to any goods manufactured in India and exported, to mean the rebate … receipt of such application till the date of refund of such duty.12. Chapter X of the Customs Act comprising of Sections 74 to 76 deals … relevant facts as projected by the respondent in the related writ petition. 2.1. Respondent is a class-I contractor specializing in the field of civil contract

Dlf Universal Ltd. Vs. Appropriate Authority and anr. Etc.

Court : Supreme Court of India

Subject : Direct Taxation

Reported in : (2000)160CTR(SC)401

was substituted by the Income Tax (Seventh Amendment) Rules, 1987. Sub-section (4) of section 269UC was inserted by Finance Act, 1995 with effect from 1-7-1995. Before the insertion of sub-section (4) this court in Appropriate Authority v. Tanvi Trading … of the bare details,5. We may now examine certain provisions of law relevant to the issues before us. Chapter XX-C consisting of sections 269U to 269UO was inserted in the Act by the Finance Act, 1986 with … detailed agreement called the 'Apartment Buyers' Agreement' was then entered into on 2-1-1998. By this time, some payments towards construction of Richmond apartments had already