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Assistant Commissioner of Income Vs. Apsara Processors (P) Ltd.

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2005)92TTJ(Ahd.)645

is loss having regard to the amendment made by the Taxation Laws (Amendment) Act, 1975, and by the Finance Act, 2002 ?" 2. The facts which are common in all the cases are that all the assessees have furnished … when Expln. 4 was in the statute. One more aspect needs to be mentioned. By the Finance Bill, 2002, Section 271 of the IT Act has been amended vide Clause 97. By Clause 97(f) of the Finance Bill, … (Ahd) 81H.T. Power Structures Ltd., v. Asstt. CIT, (1993) 47 TTJ (Ahd) 146 3.2 The learned counsel further submitted that the amendment by Finance Act,

Asstt. Commissioner of Incometax Vs. Mupnar Films Limited

Court : Income Tax Appellate Tribunal ITAT Indore

Subject : Direct Taxation

repayment of foreign currency. The ld. Departmental Representative submitted that Section 43A is amended and substituted by the Finance Act, 2002 with effect from 1.4.2003 and the increase in the cost of asset due to fluctuation of exchange rate … upon the law laid down by the Patna High Court in 158 ITR 595, Gujrat High Court in 146 CTR 207 and Madras High Court in 158 CTR 614 and 148 CTR 442 to decide this issue

K. Sunil Kini Vs. Income Tax Officer, Ward 2(2),

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2006)6SOT139(Bang.)

was taxed as business income relying on clause (va) of section 28 inserted into the statute book by Finance Act, 2002, with effect from 1-4-2003.The Commissioner (Appeals), in the first appeal, had accepted the assessee's claim that the receipt … section 139(8)/215/ 234A/234B was chargeable in view of the fact that assessments completed by the assessing officer under section 146 were not regular assessments, emphasis was on 'regular assessment'. Interest under these sections can be charged only at

Vijay Madanlal Choudhary Vs. Union Of India

Court : Supreme Court of India

Subject : Land Acquisition

it shall be presumed that such proceeds of crime is involved in money-laundering.” 371 The Standing Committee of Finance then made some recommendations as follows: “The Committee recommend that the prescribed onus of proof that the property … 8 of the Suppression Of Unlawful Acts Against Safety Of Maritime Navigation and Fixed Platforms On Continental Shelf Act, 2002; Section 212 of the Companies Act, 2013; and Section 12 of the Anti-Hijacking Act, 2016. State Legislations:- Section 19

M/S. Shreeji Shipping Vs. C.C.E. and S.T. Rajkot

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Ahmedabad

Subject : Service Tax

liable to pay the differential service tax and demanded interest; imposed equivalent penalties under various sections of the Finance Act, 1994. 3. Ld. Counsel appearing on behalf of the appellant after taking us through the Order-in-original, made submissions … customs house agent means a person licensed, temporarily or otherwise, under the regulations made under sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962); Taxable Service 65(41)(h) any service provided to a client by … also transport outside the port, if requested by their customers. * In 2002-2003, Shreejis major income was accounted for in their Books of accounts as

Bax Global India Ltd. Vs. the Commissioner of Service Tax

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT

Subject : Service Tax

Reported in : (2008)12STJ250CESTAT(Bang.)alore

tax amounting to Rs. 3,61,87,280/-. He imposed a penalty of Rs. 200/-per day under Section 76 of the Finance Act, 1994 and a penalty of Rs. 6 Crores under Section 78 of the Act. The appellants are highly … "Customs House Agent" means a person licensed, temporarily or otherwise, under the regulations made under Sub-section (2) of Section 146 of the Customs Act, 1962 (52 of 1962); 105 (h) to a client, by a custom house agent

Assistant Commissioner Of Income Tax (exemptions) Vs. Ahmedabad Urban ...

Court : Supreme Court of India

Subject : Land Acquisition

may, by notification in the Official Gazette, specify in this behalf:26. Section 10(20A) and 10(23) were deleted/omitted by Finance Act, 2002, w.e.f. 01.04.2003. While both these provisions are not directly relevant for deciding the primary question (i.e., as to … E. Non-statutory bodies ............................................................................................................................... 144 F. Sports associations.................................................................................................................................. 145 G. Private Trusts .......................................................................................................................................... 145 H. Application of interpretation................................................................................................................... 146 4 1. Leave granted in all matters where leave has not already been granted. C.A. No.21762/2017 (Assistant Commission

themis Pharmaceuticals and ors. Vs. Commissioner of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Subject : Direct Taxation

Reported in : (2003)(157)ELT569Tri(Mum.)bai

said provision nugatory and frustrate its clear mandate, (c) The legislative change made by the Parliament through the Finance Act, 2002 would become redundant if such extensions beyond 180 days are to be granted by the Tribunal. (d) Legal … issue: Whether the Tribunal can grant stay beyond a period of 180 days. The newly-inserted sub-section (2A) of Section 35C of the Central Excise Act, 1944 reads as under: - " The Appellate Tribunal shall, where it

Commissioner of Income Tax Vs. Zam Zam Tanners

Court : Allahabad

Subject : Direct Taxation

Acts : Income Tax Act, 1961- Sections 2(24), 17, 28, 41, 44, 45, 59, 80HHC, 139(1), 139(3), 143(1A), 143, 144, 147, 160(1), 256(2), 271, 271(1) and 280D; ;Taxation Laws (Amendment) Act, 1975; ;Finance Act, 2002 - Sections 271(1); ;Finance Act, 1993 - Sections 143(1A); ;Constitution of India - Article 141

Reported in : (2005)197CTR(All)221; [2005]279ITR197(All)

have been concealed or inaccurate particulars have been furnished.'Section 271(1)(c) of the Act has been further amended by Finance Act, 2002, by which Clause (iii) and Expln. 4 has been modified. After the amendment section reads as follows :'(iii) … Ahmedabad Bench in the case of H.T. Power Structures (P) Ltd. v. Asstt. CIT (1993) 47 TTJ (Ahd) 146 : had held that where the assessment had resulted in a loss, penalty under Section 271(1)(c) would not

Spicy Beverages Pvt. Ltd. Vs. State of Jharkhand and ors.

Court : Jharkhand

Subject : Excise

Acts : Bihar Excise Act, 1915 - Sections 22 and 22D; Constitution of India - Article 226

Reported in : [2003(4)JCR442(Jhr)]

Member, Board of Revenue, Jharkhand issued a Gazette Notification on 30th January, 2002 publishing Notice Inviting Tender (N.I.T. for short) dated 29th January, 2002 for … required under Section 13 of the Companies Act, 1956.He relied on the Form No. 18 issued pursuant to Section 146 of the Companies Act, 1956 showing notice of situation/change of registered office, wherein Gandhi Nagar, Dhanbad has been … and a separate certificate from the Bank that the working capital capacity of Rs. 50 lacs shall be financed to the petitioner-company by the Bank on merit of proposal.7. The petitioner further claims that it fulfills all