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Nectar Beverages Pvt. Ltd. Vs. Deputy Commissioner of Income Tax

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(11), 31(1), 32(1), 34, 35(2B), 41, 41(1), 41(2), 41(3), 41(4), 43 and 50; Taxation Laws (Amendment and Miscellaneous Provisions) Act, 1986; Finance (No. 2) Act, 1995; Companies Act, 1956

Reported in : (2009)224CTR(SC)433; [2009]314ITR314(SC); JT2009(13)SC471; 2009(9)SCALE200; [2009]182TAXMAN319(SC); 2009(7)LC3385(SC)

respect of bottles and crates purchased after 1.4.1995, on account of deletion of proviso to Section 31(1)(ii) (vide Finance Act, 1995) such bottles and crates formed part of block of assets and consequently such assets purchased after 1.4.1995, in … purchased after 1.4.1995 were taken into consideration for the purpose of computation of short term capital gains under Section 50 whereas the sale proceeds relating to bottles and crates purchased prior to 31.3.1995 was not offered for short

Shri Ashok Kumar Tyagi Vs. the Lokayukta and ors.

Court : Delhi

Subject : Civil

Acts : Delhi Liquor license Rules, 1976 - Rules 33, 33(1A) and 33(8); Delhi Liquor license Act - Sections 33(1A); Companies Act, 1956 - Sections 617; Municipal Corporation Act, 1957; Municipal Corporation (Amendment) Act, 1993; Punjab Excise Act - Sections 41; ; Delhi Lokayukta and Upalokayukta Act, 1995 - Sections 2 and 7; Delhi Co-operative Societies Act, 1972

Reported in : 2003IVAD(Delhi)669; 105(2003)DLT351; 2003(69)DRJ323

order observing that opening of this vend at the said place was contrary to rules. On 25.9.2002 the Finance Minister filed a detailed affidavit before the Lokayukta reiterating Government's stand that action of Excise Department in granting … an issue with respect to the powers and jurisdiction of the Lokayukta under the Delhi Lokayukta and Upalokayukta Act, 1995 ( hereinafter referred to as `the Act' for short). It may be mentioned at this stage itself that … of Chartered Accountants was not an educational institute within the meaning of Section 33(1A) of the Delhi Liquor license Rules. He concluded his affidavit by … itself that the Lokayukta has initiated suo moto proceedings taking cognizance of L-2 vend opened at Hans Bhawan and after inquiry passed order dated 19.9.20002

East India Hotels Ltd. and Another Vs. the State of Rajasthan and Othe ...

Court : Rajasthan

Subject : Other Taxes

Acts : Rajasthan Land and Building Tax Act, 1984 - Sections 2(10), 3(1B), 6, 13, 15, 19, 21, 37, 42 and 50; Constitution of India - Articles 14, 141, 245, 265 and 299; The Finance Act, 1989 - Sections 3(1B) and 16A (1); Companies Act, 1956; Finance Act, 1997 - Sections 14; Wealth Tax Act, 1957; Rajasthan Lands and Buildings Tax (Amendment) Act, 1995; Rajasthan Urban Land Tax (Amendment) Act, 1973 - Sections 8 and 12; Code of Civil Procedure (CPC), 1908 - Sections 58

Reported in : 2001(3)WLC62

in the matter of one lime tax scheme introduced by way of insertion of Section 3(1B) of the Finance Act, 1989 (Act No. 6 of 1989)(2). The questions for our consideration are that:-(1) Whether, fresh assessment is permissible … that with effect on and from 'the date of commencement of the Rajasthan Lands and Buildings Tax (Amendment) Act, 1995 (Act No. 14 of 1995)' on tax shall be levied and collected on lands and buildings situate in … who count of the Supreme Court of India regarding compliance of S. 50. it is obvious, therefore, that non-compliance of the provisions of that section

Vls Finance Ltd. Vs. Sunair Hotels Ltd. and ors.

Court : Delhi

Subject : Company

Acts : Companies Act, 1956 - Sections 10, 10F, 10A, 81, 250, 397, 398 and 402; ;Arbitration and Conciliation Act - Sections 8; ;Indian Arbitration Act, 1940; ;Company Law

Reported in : III(2006)BC221; [2007]137CompCas434(Delhi); 126(2006)DLT226; 2006(86)DRJ190

to as the CLB), Bench at Delhi dismissing the Company Petition No. 45/1998 filed by the appeal VLS Finance Limited under Sections 250, 397 and 398 of the Act. The appeal arises from a dispute in respect … subject matter of the dispute between the parties is the Memorandum of Understanding entered into on 11th March, 1995(hereinafter referred to as the `MOU') according to which the appellant was to invest Rs.7 crores as share capital … Mukul Mudgal, J.1.This appeal under Section 10 of the Companies Act, 1956 (hereinafter referred to as the Act) … 150000 Vidur Gupta (Respondent No. 18) and Praveen Gupta (Respondent No. 14) 50000Veni Gupta (Respondent No. 19) 150000 Varad Gupta (Respondent No. 20)andVeni Gupta (Respondent

Abdulgafar A. Nadiadwala Vs. Assistant Commissioner of Income Tax and ...

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80HHC, 80HHC(4A), 80HHF, 80HHF(1), 80HHF(3) and 80HHF(5); Constitution of India (Forty-sixth Amendment) Act, 1982; Sales Tax Laws; Income Tax Rules - Rule 9A, 9A(7), 9B and 9B(6)

Reported in : (2004)188CTR(Bom)232; [2004]267ITR488(Bom)

and 80-O came to be enactedSection 80HHC14. With a view to encouraging larger exports of certain goods, the Finance Act, 1982, had inserted Section 89A in the IT Act w e f 1st June, 1982, for providing tax … The assessee claimed to have entered into an agreement dt 29th March, 1995, with Satellite Television Asian Region Ltd (popularly known as 'Star TV') to … or merchandise, declared in the shipping bill or bill of export as referred to in Sub-section (1) of Section 50 of the Customs Act, 1962 (52 of 1962), shall, for the purposes of this section, be deemed to

National Dairy Development Board Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2008)114TTJ(Ahd.)145

system of accounting. The provisions of Section 145 pertaining to the method of accounting were amended by the Finance Act, 1995 w.e.f. 1st April, 1997 as a result of which, every assessee was required to maintain its books of … in CIT v. R. Venkataswamy Naidu (1956) 29 ITR 529 (SC); CIT v. Kokine Dairy, (1938) 6 ITR 502 (Rang); The Producers Cooperative Distributing Society Ltd. v. Commr. of Taxation (1948) 16 ITR 87 (Suppj (PC); and

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 … and Sons, (1981(47) STC 318) 49. Mehra Brothers Vs. Joint Commercial Officer, Madras, (1991)1 Supreme Court Cases 514) 50. Banco Products (India) Ltd. Vs. Commissioner of C. Ex., Vadodara-I, (2009(235) ELT 636 (Tri-LB)) 51. Commr. Of C.

Commissioner of Customs versus M/S Canon India Pvt. Ltd.

Court : Supreme Court of India

Subject : Right to Information

Reported in : [2024]12S.C.R.202

- referred to. List of Acts Customs Act, 1962; Finance Act, 2022; Customs (Amendment and Validation) Act, 2011; Finance Act, 1995; Central Sales Tax Act, 1956; Finance Act, 2011; Finance Act, 2022; Central Board of Revenue Act, 1963; Customs … entries made in the Bill(s) of Entry under Section 46 (in case of import) or Shipping Bill(s) under Section 50 (in case of export). The “Proper Officer” may examine or test imported goods or export goods or such

Neyveli Lignite Corporation Ltd. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Chennai

Subject : Direct Taxation

Reported in : (2005)93TTJ(Chennai)685

Ltd. (supra) was rendered with respect to asst. yr. 1981-82. However, thereafter Section 145 has been amended by Finance Act, 1995 w.e.f. 1st April, 1997 and there after the assessee is entitled to either follow the cash or mercantile … bits to a diameter of 1000mm and depth varies from 80mm to 160mm. The hole is cased with 500 mm casings and 5 to 8 stages of submersible pumps (squirrel cage induction motors of 175 to 250

Jones (Respondent) Vs. Garnett (Her Majesty's Inspector of Taxes) (App ...

Court : House of Lords

Subject : Land Acquisition

true of sections 660A and 660B of the Income and Corporation Taxes Act 1988 as amended by the Finance Act 1995. 42. The very first of these enactments, section 20 of the Finance Act 1922, was aimed at revocable … 488. 36. In Young v Pearce (1996) 70 TC 331 the share capital was divided into two classes: 50 preference shares of £1 each, of which 25 were allotted at par to the wives of each of