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M/S Wipro Limited Vs. The Deputy Commissioner of Income Tax

Court : Karnataka

Subject : Direct Taxation

of income tax in both the countries was sine qua non. However, by the amendment made by the Finance Act 2003, the benefit of granting the relief was extended to even in respect of income tax chargeable under the … …RESPONDENT (By Sri E.R.Indrakumar, Senior Counsel for Sri K.V.Aravind, Adv.) - 2 - This I.T.A. is filed under Section 260-A of I.T.Act, 1961 arising out of order dated 30.05.2008 passed in ITA No.468/BNG/2006, for the assessment year … : M/s Wipro Limited 76R & 80P, Doddakannelli, Sarjapur Road, Bangalore - 560 035 Rep. by Sri P.V.Srinivasan Authorised Signatory ...APPELLANT (By Sri Venkataraman, Senior

Godrej and Boyce Manufacturing Co.Ltd. Vs. Dy.Commr. of I.T.Mumbai and ...

Court : Supreme Court of India

Subject : Land Acquisition

provisions of Section 10(33) of the Act [engrafted as Section 10(34)]. and Section 115-O were reintroduced by the Finance Act, 2003 with effect from 1st April, 2003. It is, therefore, argued that both the Sections 10(33) and Section 115-O … that even though Income from dividend falls under the head “Income from Other Sources” specifically provided for under Section 56 of the Act, dividend income referred to in Section 115-O of the Act is excluded from the provisions

Nava Bharat Ferro Alloys Ltd. Vs. Union of India (Uoi)

Court : Andhra Pradesh

Subject : Service Tax

Acts : Finance Act, 2000 - Sections 65(7), 65(18A), 65(18B), 65(48), 116 and 117; Finance Act, 1997; Finance Act, 1994 - Sections 65, 66 68, 70, 71A and 94; Finance Act, 2003 - Sections 68, 68(1), 69, 70, 71 and 71A; Assam Taxation (On Goods Carried by Road or on Inland Waterways) Act; Central Tea Act - Sections 3(1) and 3(2); Motor Vehicles Act, 1939 - Sections 43, 43(1), 43(1A) and 44; Rajasthan Passengers and Goods Taxation Act, 1959 - Sections 3 and 4; Karnataka Entertainments Tax Act, 1958 - Sections 2; Expenditure Tax Act, 1987; British North America Act, 1867 - Sections 91 and 92; Finance Act, 1998 - Sections 65, 65(16), 65(17), 65(41) and 66(3); Motor Vehicles Act, 1988 - Sections 2; Finance Act, 1997 - Sections 84; Service Tax Rules, 1994 - Rule 2 and 2(1); Service Tax (Amendm

Reported in : (2005)186CTR(AP)451; 2005(185)ELT236(AP); 2006[3]STR565

of tax, but extended the time to file returns till 28.11.2003. Further amendments however, were carried out in Finance Act, 2003 in order to validate the imposition of tax from 16.7.1997 to 2.6.1998 and to remove the basic infirmities … to this argument, it is necessary to reproduce the amendments that were affected to the Finance Act in 2003. Section 68 in 2003 Act reads as under:Section 68 : Payment of service tax.-Provided that-(i) in relation to services … inland waterways is within the exclusive domain of the State legislature. Entry 56 in List-II of Schedule-VII of the Constitution reads as, 'Taxes on goods

Bangalore Turf Club Ltd. Vs. Union of India

Court : Karnataka

Subject : Direct Taxation

Minister made a speech on the Floor of Parliament making it explicitly clear and indicating thereunder that by Finance Act , 1986 Section115BB has been inserted to provide gross winnings from lotteries, crossword puzzles, races including horse races … cannot be brought within this definition clause. 5.1. He would also draw the attention of the Court to Section 56 of the Act that income enumerated under Section 2(24)(ix) is chargeable to tax in terms of Section 56(2)(ib)

Commissioner of Income Tax Delhi-Xi and Another Vs. Indian National Co ...

Court : Delhi

Subject : Direct Taxation

are income from house property, income from other sources and capital gains (the latter having been inserted by Finance Act, 2003 with retrospective effect from 1st April 1979). Apart from the above three, there is also mentioned any income … turn to what is meant by income from other sources . An elaboration of this expression occurs in Section 56 of the Act. 79. Section 56(1) reads as under: 56. (1) Income of every kind which is not

Energy Watchdog Vs. Central Electricity Regulatory Commission and Ors. ...

Court : Supreme Court of India

Subject : Land Acquisition

Appeal No.5348 of 2016, namely Prayas (Energy) Group vs. Central Electricity Regulatory Commission.2. Section 63 of the Electricity Act, 2003 provides for procurement of power and determination of tariff by a transparent competitive bidding process. Once this is … be gone into. It is further argued, in the alternative, that in any case, force majeure either under Section 56 of the Indian Contract Act, 1872 or under clauses 12.3 and 7 of the respective PPAs make it … or labour disturbance at the facilities of the Affected Party; Insufficiency of finances or funds or the agreement becoming onerous to perform; and Non-performance caused

M/S.Balasore Alloys Limited and Another Vs. North Eastern Electricity ...

Court : Orissa

Subject : Electricity

lacs ED 75.83 lacs DPS ODP Total 6876.63 lacs Nil . 10799.29 lacs Thereafter, the Senior General Manager, Finance of the petitioner-company referred to the minutes of the meeting and appealed that looking at the precarious financial … opposite party no.2, on 16.12.2011”2. The petitioner-company pleads that a disconnection notice under Section 56(1) of the Electricity Act, 2003 (hereinafter referred to as the “the Act”. for brevity) read with Regulation 100 of the Odisha Electricity Regulatory

Deputy Commissioner of Income Tax Vs. Ram Kumar Giri

Court : Income Tax Appellate Tribunal ITAT Chennai

Subject : Direct Taxation

Reported in : (2006)103TTJ(Chennai)352

above clauses are outside the purview of the non-compete agreement entered by the assessee.11. The amendment in the Finance Act, 2002 proves that the above clauses are not applicable to the assessee's case and Section 28(va) is applicable … as envisaged by the amendment was unheard of prior to 1st April, 2003. The amended provision thus makes explicit what could have been an occasion … In this regard we find that apex Court in CIT v.D.P. Sandu Bros. Chembur (P) Ltd. held that Section 56 provides for the chargeability of income of every kind only if it is not chargeable to income-tax under

K.c. Ninan Vs. Kerala State Electricity Board & Ors.

Court : Supreme Court of India

Subject : Land Acquisition

be waived in view of the provisions of the Act itself more specifically Section 56 of the Electricity Act, 2003 (in pari materia with Section 24 of the Electricity Act, 1910), and cannot partake the character of dues … In that case, a three-judge Bench of this Court while dealing with agricultural loans extended by the Kerala Finance Corporation, held that since the Kerala Revenue Recovery Act does not create a new right, a person could

Kaithakuzhy Educational Association vs Kerala State Electricity Board,

Court : Kerala

barred in view of Regulation 136 of the Electricity Supply Code, 2014 or Section 56 of the Electricity Act, 2003 is not sustainable as the period for which demand was raised is prior to promulgation of the Kerala … modification issued by the Kerala State Electricity Regulatory Commission in the matter of fixation of tariff for Self- Financing Educational Institutions under Sections 62 and 86 of the Electricity Act, 2003. As per the new tariff notification,