Advanced Search Results

Cil Securities Ltd., Hyd. Vs. Commissioner of Income Tax, A.P. and Ano ...

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Finance Act, 1998 - Sections 87, 88 and 89; Income-Tax Act, 1961 - Sections 143 and 245; Interest Act, 1978 - Sections 13

Reported in : 2000(4)ALD69; 2000(2)ALT541; (2000)161CTR(AP)44; [2000]242ITR472(AP)

the said appeals are currently pending.4. The petitioner filed a declaration on 29-12-1998 under Section 89 of the Finance Act to avail of KVS Scheme in respect of the interest tax determined for assessment years 1994-95 and 1995-96.

Mangilal S. JaIn Vs. Cit and anr.

Court : Karnataka

Subject : Direct Taxation

Reported in : (2002)175CTR(Kar)347

force on 1-9-1998, as per Chapter IV of Finance (No. 2) Act, 1998 (hereinafter referred to as 'The Finance Act' ). The appellant filed a declaration under the said scheme, under section 89 of the said Act in … an assessee under the Income Tax Act, 1961 (hereinafter referred to as 'the Act'). For the assessment year 1995-96 (accounting period ended 31-3-1995), the appellant filed his return on 26-3-1997, declaring a total income of Rs. 2,59,030.

Mangilal S. JaIn Vs. Commissioner of Income-tax and anr.

Court : Karnataka

Subject : Direct Taxation

Acts : Income-tax Act, 1961 - Sections 139(8), 140A, 140A(1), 158BFA, 215, 216, 217, 220(2), 234A, 234B and 234C; Finance (No. 2) Act, 1998 - Sections 87, 88 and 95

Reported in : ILR2003KAR2066; [2002]257ITR31(KAR); [2002]257ITR31(Karn)

into force on September 1, 1998, as per Chapter IV of the Finance (No. 2) Act, 1998 ('the Finance Act' for short). The appellant filed a declaration under the said scheme, under Section 89 of the said Act … is an assessee under the Income-tax Act, 1961 (the 'I. T. Act' for short). For the assessment year 1995-96 (accounting period ended on March 31, 1995), the appellant filed his return on March 26, 1997, declaring a

Commissioner of Custom, Icd, New Delhi Vs. M/S. Chandra Prabhu Interna ...

Court : Delhi

Subject : Land Acquisition

by the Finance Act, 2004, although in reality, the provision was inserted CUSTOM. A. 3/2013 Page 18 by Section 89 of the Finance Act,2000 (Act 10 of 2000). The original Section 9A(8) as inserted in 2000 read:“(8) The … to refunds under Section 27 also applicable to anti-dumping duty), was CUSTOM. A. 3/2013 Page 5 inserted by Finance Act, 2004, and that the amendment thereto by Finance Act, 2009 applicable retrospectively with effect from 01.01.1995 will apply

Joint Commissioner of Income-tax Vs. Montgomery Emerging Markets Fund

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2006)100ITD217(Mum.)

The source will be the asset itself. The CIT(A) further referred to the amendment brought in by the Finance Act, 1987 (No. 2 of 1987) with effect from 1 -4-1988. According to the CIT(A), as per the said … 1. These two appeals, filed by the Revenue relate to the assessment years 1995-96 and 1996-97. These appeals are directed against the orders of the CIT(A)-XVII at Mumbai passed on 23-11 -1998 … 12-2-2000, respectively. The appeals do arise out of the assessments completed under Section 143(3) of the Income-tax Act, 1961.2. These two appeals are placed before

Kerala Electricity Officers Federation and ors. Vs. Central Board of D ...

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 17, 57, 80C, 87, 88, 88(2), 88A, 88B, 88C, 89, 89(1) and 192; Finance Act, 1990 - Sections 80C, 80C(1), 80C(2) and 88; Provident Fund Act; Income Tax Rules, 1962 - Rules 2, 21A, 21A(1), 21A(2) and 21AA

Reported in : (2005)198CTR(Ker)625; [2005]279ITR482(Ker)

to provident fund, etc. were governed by the provisions contained in Section 80C which section was omitted by Finance Act, 1990 w.e.f. 1st April, 1991 with the insertion of Section 88. What was allowed by way of deduction … w.e.f. 1st Aug., 1993 on a long-term bilateral agreement entered into in 1995. It is stated that as per the said agreement, all the categories … communication issued by the 4th respondent-CIT, Cochin, to the extent it relates to the computation of income-tax under Section 89 and for a declaration that they are entitled to claim relief under Section 89 of the IT Act

H.L. Taneja Vs. Commissioner of Income Tax and ors.

Court : Madhya Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 141(2), 143(1), 143(1A) and 220(2); Finance Act, 1998 - Sections 87, 88 and 89

Reported in : [2008]300ITR384(MP)

and 1995-96 disputed income was worked out. Petitioner filed declaration under Section 89 r/w Section 88 of the Finance Act, 1998 for settlement of tax payable to the respondent No. 1. The total tax payable on the aforesaid

Mr. Damodar Narcinva Naik, Vs. Union of India (Uoi) and ors.,

Court : Mumbai

Subject : Customs

Acts : Customs Act, 1998 - Sections 46, 59, 61(2), 71, 72 and 61; ;Finance Act, 1998 - Sections 88 and 89

Reported in : 2006(1)ALLMR657; 2006(1)BomCR224; 2006(1)MhLj761

Revenue before CEGAT, the Central Government by Finance (No.2) Act, 1998 introduced KVSS. Section 88 of the said Finance Act which is relevant for the purpose herein reads as under : '88. Settlement of tax payable - Subject … the 31st day of December, 1998, a declaration to the designated authority in accordance with the provisions of Section 89 in respect of tax arrear, then, notwithstanding anything contained in any direct tax enactment or indirect tax enactment

National Aluminium Co. Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Cuttack

Subject : MRTP

Reported in : (2006)101TTJCtk948

appeal before us.103. The learned Authorised Representative submitted that the learned CIT(A) ignored the amendments made by the Finance Act, 1995, effective from asst. yr. 1997-98 whereby it was made mandatory to follow either mercantile or cash system of … the assessee's books. The Tribunal on appeal upheld the action of the IT authorities. On a reference under Section 66(2) of the question, 'whether in the circumstances of the case and on a true construction of Section

S.M. Wahi and anr. Vs. Reeta Wahi and ors.

Court : Delhi

Subject : FamilyProperty

Acts : Arbitration and Concliation Act, 1996; Legal Services Authorities Act, 1995; Code of Civil Procedure (CPC) - Sections 89 and 151 - Order 6, Rule 4 - Order 23, Rule 3

Reported in : 2007(95)DRJ516

89 of the Code of Civil Procedure, Arbitration and Conciliation Act, 1996 as well as Legal Services Authorities Act, 1995 call upon the Courts to encourage settlements of legal disputes through negotiations between the parties. If amicable settlements … apposite to reproduce the observations made by this Court in Double Dot Finance Limited V. Goyal MG Gases Ltd. 2005 (2) AD (Delhi) 534, though … the parties would stand totally eroded. Amicable resolution of disputes and negotiated settlements is 'public policy in India'. Section 89 of the Code of Civil Procedure, Arbitration and Conciliation Act, 1996 as well as Legal Services Authorities Act,