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Haryana Industrial Security Vs. Commissioner of C. Ex.

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Land Acquisition

Reported in : (2003)(158)ELT242TriDel

this case.4. I have carefully examined the submissions. The Consultant has raised a preliminary objection with reference to Section 74 of the Finance Act, which requires Central Excise Officer to obtain prior approval of the Commissioner for imposing … of Rs. 3,18,073/- for the period 16-10-98 to 31-3-99 under Section 68 read with Section 73 of the Finance Act, 1994. He had also ordered recovery of interest for the belated payment of service tax under Section 75 … of service tax of Rs. 1,825/- for the period April to September, 1999 and enhanced the quantum of penalty after upholding the finding of the

Sunrise Biscuits Co. Ltd. and anr. Vs. State of Assam and ors.

Court : Guwahati

Subject : Sales Tax

Government issued notification, on April 4, 1994 in exercise of the powers under Section 7 of the Bihar Finance Act, 1987 whereunder the old industrial units, which had started production prior to April 1, 1993, but whose investments … Judges, who had heard the appeal, gave dissenting judgment on October 13, 1999. The learned third Judge, who came in seisin of the matter, delivered … 'the AGST Act, 1993') was enacted and the same came into force with effect from July 1, 1993. Section 74(3)(f), which was inserted with effect from May 2, 1995 in the AGST Act, 1993, laid down that the

Saw Pipes Ltd. Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2005)94TTJ(Delhi)1036

expenses against this income in terms of Section 14A of the IT Act although very substantial expenses including finance expenses amounting to Rs. 32.51 crores, personnel expenses amounting to Rs. 9.11 crores and administrative and other expenses … in accordance with the AS-II issued by the ICAI that had to be mandatorily followed, w.e.f. 1st April, 1999. The appellant has followed the same basis of valuation of inventory in the subsequent years as well. Further, … CIT 8. Sahara India Mutual Benefit Co. Ltd. v. Asstt. CIT (2002) 74 TTJ (All) 67ITO v. Ahmedabad Engg. & Services Co-op. Society Ltd. (1992)

Assistant Commissioner of Income Vs. Asea Brown Boveri Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2007)11TTJ(Mum.)502

that Section 50B has retroactive effect is not correct. According to him, Section 50B was introduced by the Finance Act, 1999 w.e.f. 1st April, 2000. According to him, the Notes on Clauses, the Memo Explaining the Provisions of the … eligible for carry forward and set off against the capital gains of subsequent years by virtue of Section 74(1) of the Act, the assessee has ignored the excess indexed cost of assets over the full value of

Smith (Fc) (Appellant) Vs. Secretary of State for Work and Pensions an ...

Court : House of Lords

Subject : Education

Introducing both changes at the same time attracted much criticism." Self-assessment for income tax was introduced by the Finance Act 1994 with effect from 1996-1997. In theory it applies to all individual taxpayers, whether traders or not, but … the central issue in this appeal. (8) Another change made in 1999, by the Welfare Reform and Pensions Act 1999, was the amendment of Schedule 2 to CSA 1991 so as to widen the powers of the Child … tax rules. Thus the permissible deductions under para 3(3)(a) reproduce (but with the introduction of the word "reasonable") section 74(1)(a) of ICTA 1988 and (as extended by para 3(4)(a)) the provision about repairs in section 74 (1)(d) and

Onkar Travels (P.) Ltd. Vs. Commissioner of C. Ex.

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Service Tax

Reported in : (2007)10STT244

A Show Cause notice was issued by the Deputy Commissioner of Service Tax under Section 74 of the Finance Act, 1994, to enhance the assessment, and a allegation of short levy was made on the appellant. The adjudicating … 71 of the Finance Act, 1994. The period involved in the assessment is from September, 1997 to March, 1999. The provisions of the Service Tax under went a lot of change from its inception 1994.During the relevant

Her Majesty's Revenue and Customs (Respondents) Vs. William Grant and ...

Court : House of Lords

Subject : MRTP

v Jones (1970) 48 TC 257, 272-273 and it has now been codified in section 42(1) of the Finance Act 1998: "For the purposes of Case I or II of Schedule D the profits of a trade, profession … amount. The whole of the depreciation charge should be reflected in the profit and loss account." 6. In 1999 SSAP 12 was replaced by Financial Reporting Standard ("FRS") 15 (Tangible fixed assets). Paragraph 77 clarified and refined … deductions have been made for the depreciation of fixed assets. But section 74(1)(f) of the Income and Corporation Taxes Act 1988 provides that in computing

Cce, Chennai Vs. M/S. Shree Mookambika Enterprises

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Chennai

Subject : Service Tax

interest was demanded and a penalty of Rs.57,200/- was imposed under the provision of Section 76 of the Finance Act, 1994 as amended for belated payment of tax during the period 1.9.1999 to 30.9.2002. Show-cause notice dated 22.6.2004 … as amended for belated payment of tax during the period 1.9.1999 to 30.9.2002. Show-cause notice dated 22.6.2004 under Section 74 was issued proposing modification of the Order-in-Original by revising the penalty imposed under Section 76 which was calculated

Borosil Glass Works Ltd. Vs. Commissioner of Central Excise,

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Subject : Excise

Reported in : (2001)(78)ECC806

view of the amendment to Section 4 of the Central Excise Act, 1944 by Section 74 of the Finance Act, 1977. Show cause notice was issued to them proposing rejection of the assessable value declared in the price

Garrick D'Silva Vs. Joint Commissioner Of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2006)105TTJ(Delhi)445

more specific provision i.e. sub-Clause (iii)(a) of Clause 2 of Section 17 was introduced de novo by the Finance Act, 1999 w.e.f. 1st April, 2000 whereby the income represented by arising an exercise of stock option was exigible to … for Advance Rulings (AAR) reported at XYZ, In re (1998) 150 CTR (AAR) 504 : (1999) 102 Taxman 74 (AAR) and finally held that such a benefit flowing from the employment contract is obviously a perquisite within