Advanced Search Results

Assistant Commissioner of Income Vs. Visharad Automobiles Financiers

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2007)108ITD294(Delhi)

(2003) 84 ITD 477 (Coch). (3) Delhi Bench decision dt. 31st March, 2005 in Interest-tax Appeal No. 61/Del/2003 for the asst. yr. 1995-96 in the … items out of this scope, i.e., discount on treasury bills and interest referred to in Sub-section (1B) of Section 42 of RBI Act. According to the AO, this means that whatever be the amount received as interest, may … that the mandatory initial deposits by the hirer is by way of securing the interest on the amount financed. 4. In the facts and circumstances of the case, the learned CIT(A), failed to appreciate the fact that

Shri Himanshu Gupta vs the Commissioner of Central Excise

Court : Delhi

Subject : Service Tax

two lacs ten thousand six hundred twenty five), Addl. Duty of Excise leviable under Section 85 of the Finance Act, 2005 amounting to-Rs. 51,87,625/- (Fifty one lacs eighty seven thousand six hundred twenty five), National Calamity Contingent Duty leviable

State of Rajasthan Vs. Uka and ors.,

Court : Rajasthan

Subject : Tenancy

to the nature of controversy involved in this appeal, it would be worth to quote the provisions referred above.Section 42.- General restrictions on sale, gift and bequest ' The sale, gift or bequest by a Khatedar tenants of … shown that there are certain provisions therein which inhibit the entry of commercial Banks into the field of financing of agriculture. It will, therefore, be necessary to modify these laws for the purpose of enabling commercial banks … useful to notice certain relevant statutes and the facts associated.THE RAJASTHAN TENANCY ACT, 19553. On 30.3.1949, the State of Rajasthan was formed on integration of

Joshi Technologies International Inc Vs. Union of India and Ors.

Court : Supreme Court of India

Subject : Land Acquisition

non-inclusion thereof was an inadvertent omission in the Contracts that were signed. The MoPNG wrote to Ministry of Finance (MoF) accepting the aforesaid omissions and requested the MoF to give clarification in this behalf. As no clarification … tax return on the income generated from the aforesaid production. In the returns, the appellant claimed benefit of Section 42 of the Income Tax Act, 1961 (hereinafter referred to as the 'Act'). Section 42 is a special provision … aforesaid two oil fields. However, while making assessment for the Assessment Year 2005-06, the Assessing Officer observed that there were no such provisions made in

Aztec Software and Technology Vs. Acit

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2007)107ITD141(Bang.)

provisions of section 92CA was brought into the Income-tax Act by the Finance Act of 2002 w.e.f. 1.6.2002. Section 42 of the Finance Act, 2002 specifically mentions that section 92CA has been inserted w.e.f. from 1^st day of … manipulating prices charged or paid in international transactions, thereby eroding the country's tax base.4. Accordingly, legislative changes through Finance Act, 2001 and 2002 were made. It was provided in Section 92(1) that income arising from international transaction between … passed an order Under Section 92CA of the Act on 21^st March, 2005 wherein the following adjustments were made:- Adjustment towards on site services Rs.

M/s. D.P. Jain and Company Infrastructure Pvt. Ltd. Vs. Union of India ...

Court : Mumbai

Subject : Service Tax

tax amounting to Rs.10,25,72,125/- should not be demanded from it under the provisions of section 73(1) of the Finance Act, 1994. Interest under section 75 was proposed to be recovered and penalties under sections 76, 77 and 78 … are wholly unsustainable and they deserve to be quashed and set aside. 42. Mr. Sridharan, after relying on another principle laid down in several decisions … runways; (iii) site formation activity undertaken at roads. The dispute in the present case pertains to period from 2005-06 to 2009-10. 7. In the month of July, 2010, investigations were conducted by the officers of Service Tax

Gopal Sharma and anr. Vs. Central Bureau of Narcotics

Court : Madhya Pradesh

Subject : Narcotics

Reported in : 2008(2)MPHT299

and bottling of liquor whether amounts to manufacture within meaning of Section 2(f) of Central Excise Act 1944? Finance Act 932 of 1994), Section 65 (76 b) (as amended on 16.6.2005) - Held, The first limb of the … 2007(3) Crimes 52}9. In the case of Majorsingh (supra), the Supreme Court has held that the provision of Section 42 shall not apply when search and seizure have taken place on a public place. In the case at

Konkan Marine Agencies Vs. Commissioner of C. Ex.

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT

Subject : Service Tax

Reported in : (2007)8STR472

Welfare Fund. The Commissioner of Central Excise, Mangalore, issued a Show Cause Notice under Section 84 of the Finance Act, 1994 proposing to revise the OIO dated 12-1-2006 and to classify the handling of export cargo rendered in … of cargo. In the present case, the appellants are loading the export cargo. Moreover, Shri Nagaraja referred to Section 42 of the Major Port Trust Act, 1963. This Section provides that the Board, (meaning Port Trust) is required

Grays Timber Products Ltd Vs. Revenue and Customs (Scotland)

Court : UK Supreme Court

Subject : Land Acquisition

of Chapter 3D of the Income Tax (Earnings and Pensions) Act 2003 ("ITEPA 2003") as inserted by the Finance Act 2003, Schedule 22. Chapter 3D consists of only three sections which are, by comparison with other chapters in … with any of the provisions of Part 7. Timber Products' appeal from a revised determination dated 3 November 2005 was dismissed by a single Special Commissioner (Mr Demack) by a written decision released on 21 March 2007. … the Finance Act 2003, Schedule 22. Chapter 3D consists of only three sections which are, by comparison with other chapters in Part 7 of ITEPA … (1) In this Chapter 'market value' has the meaning indicated in section 421(1). (2) For the purposes of this Chapter sections 421(2) and 421A apply

Jitendra and anr. Vs. State of M.P.

Court : Madhya Pradesh

Subject : CriminalNarcotics

Acts : Narcotic Drugs and Psychotropic Substances Act, 1985 - Sections 20, 42, 50, 55 and 57; Code of Criminal Procedure (CrPC) , 1974 - Sections 293, 465 and 465(2); Evidence Act - Sections 114

Reported in : 2002CriLJ3211

and bottling of liquor whether amounts to manufacture within meaning of Section 2(f) of Central Excise Act 1944? Finance Act 932 of 1994), Section 65 (76 b) (as amended on 16.6.2005) - Held, The first limb of the … From the evidence of these witnesses it is clearly borne out that the procedural statutory provisions of Sections 42, 55 and 57 were fully complied with. The rer quirement of Section 50 though not necessary was also