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Merit Enterprises Vs. Dy. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

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

clear, and they mandated the levy of surcharge. In this context, he referred to the provisions of annual Finance Act, 1999, Schedule-I, which clearly mandated that the income-tax levied in terms of Section 113 shall be increased by a … 1.6.2002.4.2 Referring to the stand of the Revenue that Parliament has legislative power which is derived from Entry 82 in the Union List and Articles 265, 270 and 271 of the Constitution of India, and that once

All Kerala Chartered Accountants Association Vs. Union of India (Uoi)

Court : Kerala

Subject : Service TaxConstitution

Acts : Finance Act, 1994; Finance (Amendment) Act, 1998; Constitution of India - Articles 14, 19, 19(1), 246, 246(1) and 248

Reported in : (2002)176CTR(Ker)268; [2002]258ITR679(Ker)

same time, there services, namely, Outdoor Caterers, Pandal or Shamiana Contractors and Goods Transport Operators were deleted. The Finance Act, 1999 did not extend the scope of levy of service tax to any new category ofservices. Even in the … 76, 77, 78, 79 and 80 provide for penalties; Section 81 fixes the liability for offences by companies; Section 82 deals with power to search premises. Section 83 is of importance to us and provides as under:'83. Application

Bidar Sahakari Sakkare Krarkhane Niyamat and ors Vs. Union of India an ...

Court : Karnataka

Subject : Direct Taxation

Reported in : (1999)152CTR(Kar)314

Matched in: Citation (1999)152CTR(Kar)314

National Engg. Inds. Ltd. Vs. Cit

Court : Kolkata

Subject : Direct Taxation

Reported in : [2001]80ITD9(Cal)

understanding in the commercial sense as the people in business understands. This clause (va) is inserted by the Finance Act, 1999 with effect from 1-4-1993 by referring to RBI's guidelines, 1987 as is evident from the following extract from … are dealt with in Part IV of the Companies Act covering sections 82 to 123. They are, therefore, understood as different connotations under the Companies … and, therefore, it is a residuary non-banking financial company and, consequently, a credit institution within the meaning of section 2(5A), read with sub-section (5B)(va) of the Act and, therefore, liable to tax on their interest income earned

National Engineering Industries Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Land Acquisition

Reported in : (2002)80ITD9(Kol.)

understanding in the commercial sense as the people in business understands. This Clause (va) is inserted by the Finance Act, 1999 w.e.f. 1st April, 1993 by referring to RBI's guidelines, 1987 as is evident from the following extract from … debentures are dealt within Part IV of the Companies Act covering Sections 82 to 123. They are, therefore, understood as different connotations under the Companies … and, therefore, it is a residuary non-banking financial company and, consequently, a credit institution within the meaning of Section 2(5A), r/w Sub-section (5B)(va) of the Act and, therefore, liable to tax on their interest income earned on

Anurag Pictures Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Cochin

Subject : Direct Taxation

Reported in : (2004)90ITD669(Coch.)

deduction under Section 80HHC.Further resorting to the newly inserted provisions of Section 80HHF with effect from 1-4-2000 by Finance Act 1999 granting tax holidays to the assessees engaged in the cinematography business, the assessing officer held that such tax

Mr. Raya R. Govindarajan, Prop. Vs. the Asst. Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Chennai

Subject : Direct Taxation

Reported in : (2007)288ITR150(Chennai)

similar view.5. On the contrary, Shri K. Anangapal, the learned Departmental Representative (D.R.) submitted that the Parliament by Finance Act, 1999 provided for levy of surcharge over end above the rate of income tax prescribed under Sections 112 and … is whether there can be a levy of surcharge over and above the rate of tax prescribed under Section 113 of the Income Tax Act, 1961.2. Shri Sridhar, the learned counsel for the assessee submitted that there

Assistant Commissioner of Income Vs. Unger Booke David

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2008)116TTJ(Delhi)513

India if it is earned in India.17. The Explanation to Clause (ii) of Section 9(1) substituted by the Finance Act, 1999, w.e.f. 1st April, 2000 reads thus: Explanation--For the removal of doubts, it is hereby declared that the income … the decisions relied upon by the learned CIT(A) in the case of Dy. CIT v. Stephen Brandon (2004) 82 TTJ (Del) 699 and in the case of Tribunal Delhi 'C Bench, New Delhi in the case of

Test Claimants in the Franked Investment Income Group Litigation Vs. C ...

Court : UK Supreme Court

Subject : Land Acquisition

such cases: para 260. It was not open to the Revenue to rely on section 320 of the Finance Act 2004 ("Section 320 FA 2004") or section 107 of the Finance Act 2007 ("Section 107 FA 2007") to … of the ICTA have since been amended, ACT was abolished for distributions made on or after 5 April 1999 and the DV provisions were repealed for dividend income received on or after 1 April 2009. But the … metaphor, a rather larger island of recovery in respect of undue tax. 82. Finally, under this head, there is the argument based on the Court

Jyotsna Holdings (P) Ltd. Vs. Designated Authority Unde the Kar Vivad ...

Court : Delhi

Subject : Direct Taxation

Reported in : (2000)160CTR(Del)95

the certificate issued to a declarant, reliance is placed on the second proviso to s, 90(1) of the Finance Act. In nutshell the stand of the Revenue is that interest tinder section 220(2) forms part of tax arrear