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Marubeni Corporation (Liaison Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2002)83ITD577(Delhi)

it was further submitted that the assessee-company had several informal discussions with high ranking officials in CBDT and Finance Ministry and assurance was given to the assessee-company that if the company went ahead and paid the taxes, … was also informed that the jurisdiction was transferred only on 11th Feb., 1999, when the order under Section 127 was passed by the CBDT. Accordingly, … the High Court in the case of CIT v. S.G. Pgnatale (1980) 124 ITR 391 (Guj), yet the appellant-company in line with various other Japanese … from Reserve Bank of India to establish a liaison office at Mumbai, so as to pursue, its business activities consisting of trading, etc. In the later, year the branches of the liaison office were obtained in Calcutta,

M/S Vaibhav International vs the Commissioner of Customs

Court : Karnataka

of Section 17 and Section 46 have undergone legislative changes by Act 8 of 2011 and by the Finance Act of 2018. By Act 8 of 2011, Section 17 was substituted and Section 46 was amended to provide … respectively assigned to them in clause (m) and clause (q) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). xx xx xx Rules Rule 3. Determination of the method valuation :(1) Subject to Rule … overall scheme of the statute to interpret the language of Section - 124 -15(1)(a) in the manner in which it is sought to be interpreted

Additional Commissioner of Vs. Hughes Services (Far East) (P.)

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2003)87ITD137(Delhi)

contending that off-period salary is taxable in view of the provisions of Explanationto Section 9(1)(ii) as substituted by Finance Act, 1999 which, according to him, is retrospective in operation, being clarificatory/declaratory in nature. It was emphasized by him that … drew our attention to the judgment of Hon'ble Gujarat High Court reported as CIT v. S.G. Pgnatale [1980] 124 ITR 391 : 4 Taxman 79 to illustrate the meaning of the words ' earned in India used

Acit Vs. Goldmine Shares and Finance Pvt.

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2008)113ITD209(Ahd.)

the determination is to be made.21. The provisions of Section 80IA were then divided in two parts by Finance Act, 1999 w.e.f. 1-4-2000- one, by the replaced 80IA and other, by the newly inserted Section 80IB. For material purposes … judgments of the High Courts and Tribunals, namely i) CIT v. Dewan Kraft System (P) Ltd. 210 CTR 124 Delhi; ii) Addl. CIT v. Ashok Alco Chem Ltd. 96 ITD 160 (Mum); iii) Prasad Productions (P) Ltd.

K.M. Corporation Represented by M. Nagarajan, Partner and M. Shanmugam ...

Court : Chennai

Subject : Sales Tax

Acts : Tamil Nadu General Sales Tax (4th Amendment) Act, 1999; Haryana Ceiling of Land Holdings Act, 1972 - Sections 4, 18(1), 18(7), 24, 31, 31(3) and 45; Bombay Municipal Corporation Act, 1888 - Sections 217, 406 and 406(2); Calcutta Municipal Act, 1951 - Sections 182, 183 and 183(3A); Delhi Municipal Corporation Act, 1957 - Sections 124, 126, 169 and 170; Bihar Finance Act - Sections 45 and 45(3); Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), 2002 - Sections 17 and 17(2); Tamil Nadu General Sales Tax Act, 1959 - Sections 12, 31, 31(1), 31A, 31A(1), 31A(3), 32, 32(1) and 36; Land Acquisition Act, 1896 - Sections 23A; Tamil Nadu Land Acquisition (Amendment) Act, 1996; Tamil Nadu Acquisition of Land for Harijan Welfare Schemes Act, 1978

Reported in : (2008)11VST782(Mad)

The Patna High Court had an occasion to consider a pari materia provision, Section 45(3) of the Bihar Finance Act, which provides for deposit of 20% of the assessed tax before admission of appeal in the case of … of the tax as ordered by the Appellate Assistant Commissioner' in Section 4 of the TNGST (4th Amendment) Act, 1999 Act 14 of 1999 to be violative of the fundamental right to carry on business and trade, right … a property tax, brought within thirty days next after the date of authentication of the assessment list under Section 124 (exclusive of the time requisite for obtaining a copy of the relevant entries therein) or, as the case

Purshotam Keshwani & Ors. Vs.nishant Mitrasen Mahimtura & Ors.

Court : Delhi

Subject : Service Tax

have in Clinique Laboratories LLC supra held that stay of proceedings under Section 124 of the Trade Marks Act, 1999 does not come in the way of the Court dealing with an application for interim relief. Reference in … para 14 of Clinique Laboratories LLC Vs. Gufic Limited 2009 (41) PTC41(Del) and to para 57 of Bloomberg Finance LP Vs. Prafull Saklecha (2014) 207 DLT35and on the basis thereof has contended that a suit for infringement

M.i. Builders Pvt. Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Lucknow

Subject : Direct Taxation

Reported in : (2008)117TTJLuck42

the appellant's income of AY. 97-98 being the "advance" received by the appellant from M/s Skymoon Plantation & Finance Ltd against the booking of the office space in its building. New Janpath Complex. Ashok Marg. Lucknow which … year 98-99 at a loss of Rs. 23,575 and for assessment 'year 1999-2000 at Rs. 23,720/-. (v) Since M/s Skymoon Plantation & Finance, Ltd. was … doctrine of estoppel does not apply against the statue the (i.e. I.T Act in the appellant's case) and consequently the notice Under Section 148 dated … the period 24.10.02 to 03.03.04 and order of which was on 23.3.04 assessee never challenged the jurisdiction Under Section 124(3)(a). Hence during the assessment proceedings the jurisdiction was vested with the ACIT Range-IV. Lucknow and therefore on date

Union of India (Uoi) Through the Commissioner of Customs Vs. Hoganas I ...

Court : Mumbai

Subject : Customs

Acts : Customs Act, 1962 - Sections 6, 9, 8, 18, 19, 28, 28(1), 37(2), 111, 112, 113, 114, 114A, 115, 116, 117, 118, 119, 120, 121, 124, 123, 125, 125(2), 127A, 127B, 127B(1), 127C(1), 127C(3), 127C(6), 127C(7), 127C(9), 127C(11), 127D, 127E, 127H, 127H(1), 127H(3), 127I(1) and 245A; Narcotic Drugs and Psychotropic Substances Act, 1985; Customs Tariff Act, 1975; Customs (Amendment) Act, 1998; Income Tax Act, 1961 - Sections 245C, 245C(1), 245D and 245D(1); Finance Act - Sections 13; Customs Rules - Rules 10, 10A and 18A; Customs (Settlement of Cases) Rules 1999; Constitution of India - Article 226; Code of Criminal Procedure (CrPC) , 1898; Indian Penal Code; Income Tax Law

Reported in : (2005)107BOMLR61; 2006(199)ELT8(Bom)

exactly is the meaning of the expression 'levy, assessment and collection' which appears in Section 13 of the finance Act? To 'levy' a tax means 'to impose or assess' or 'to impose, assess or collect under the authority … referred to the Form prescribed under the Customs (Settlement of Cases) Rules 1999. In Clause 9 of the said prescribed Form, it provides for the … 117, 119, 120 and 121 of the Act. He also contended that a show cause notice issued under Section 124 for confiscation of goods or imposition of penalty and involving aforesaid Sections will not be a show cause

Iae International Aero Engines Ag Vs. United Breweries(holdings) Limit ...

Court : Karnataka

Subject : Land Acquisition

International Aero Engines AG and others Vs.United Breweries (Holdings) Limited Company Petition No.122/2012 4/244 Between: Rolls-Royce & Partners Finance Limited Having its registered office at 65 Buckingham Gate, London SWIE6T England Represented herein by its Authorised Signatory … with the intent of the parties.” 118. It is submitted that Section 13 of the Foreign Exchange Management Act, 1999 expressly stipulates penalties for contravention of provisions of the Act, any rule, regulation, notification, direction or order issued … Maulana Azad Road Srinagar, Kashmir-190001 And its branch office at Syed House, 124 S. V. Savarkar Marg Mahim (West), Mumbai-400016.11. Punjab & Sind Bank a

infosys Technologies Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2003)86ITD342(Bang.)

it to even rope in the benefit arising from an ESOP. The insertion of Section 17(2)(c)(iiia) by the Finance Act, 1999, was only by way of an abundant caution. The proviso introduced to Section 17(2)(c)(iii) by Finance Act, 2000, … India and Ors. (2000) 243 ITR 143 (SC); (iii) CIT v. Premanand Industrial Co-op. Service Society Ltd. (1980) 124 ITR 772 (Guj); and A perusal of these judgments would indicate that these are distinguishable, both on facts