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Commissioner of Income Tax -xiii Vs. Rajinder Kumar

Court : Delhi

Subject : Direct Taxation

The assessee was asked to explain why disallowance should not be made under Section 40(a)(ia) as amended by Finance Act, 2008 with retrospective effect from 1st April, 2005. The assessee filed written submissions that they had not claimed any … note on clauses and the memorandum explaining the amendments to Section 40(a)(ia) reproduced in (2010) 321 ITR Statutes 79 reads:“Notes on Clauses: Clause 12 of the Bill seeks to amend section 40 of the Income-tax Act relating

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

Court : Supreme Court of India

Subject : Land Acquisition

certain exemptions: Section 10 (20A) and Section 10 (23) ................................................... 20 G. Amendments to Section 2 (15) by Finance Act, 2008 (w.e.f. 01.04.2009) ................................................ 21 II. Submissions of parties ................................................................................................................................. 22 A. Arguments on behalf of the revenue.......................................................................................................... 22 … trade or business, which Parliament may by law declare to be incidental to the ordinary functions of government. 79 1950. Clause (2) of Article 289 also similarly does not define or specify - nor does it require

G.V.Matheswaran Vs. the Union of India

Court : Chennai

Subject : Service Tax

and ultra vires the provisions of the Finance Act, 1994 as amended by the Finance Act, 2007 and Finance Act, 2008. 36 In view of paragraph no.30 above, upholding the validity of Section 65(105)(zzzz) and 65(90-a) of the Finance … the Division Bench of Delhi High Court in Home Solutions-I case, the impugned notice is unsustainable in law. 79 This Court, following the decision rendered by the Full Bench of Delhi High Court in Home Solutions-II case

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 … 192-194. There was no difference between the majority and the minority as to the significance of a demand. 79. In these circumstances it is in my view open to this court (whether or not it was strictly

Ptc India Limited Vs. Jaiprakash Power Ventures Ltd.

Court : Delhi

Subject : Land Acquisition

included the power to ‘determine’. Referring to the decision in Booz Allen and Hamilton Inc. v. SBI Home Finance Limited (2011) 5 SCC 53 it was submitted that disputes where rights in rem were involved were not … the firm financial package. More than three years later, on 18th March 2008, CEA replied to the Respondent stating that after the enactment of EA, … 1. In this petition under Section 34 of the Arbitration and Conciliation Act, 1996 (‘Act’) PTC India Limited, the Petitioner, has challenged the impugned majority … of the tariff in respect of the four categories of cases specified in Section 62(1) and not under Section 79(1)(a) and (b) and Section 86(1)(a) of the EA. It was held that the provisions of Section 79(1) (a)

Engineering Analysis Centre Of Excellence Private Limited Vs. The Comm ...

Court : Supreme Court of India

Subject : Direct Taxation

Act then it would be open to the AO to disallow such claim for deduction. Similarly, vide the Finance Act, 2008 w.e.f. 1-4-2008 sub-section (6) has been 87 inserted in Section 195 which requires the payer to furnish information … of a subsequent and distinct hiring to the vendor, the transaction may not be regarded as a loan 79 transaction, even though the reason for which it was entered into was to raise money. If the real

Shri Manoj Aggarwal, Bemco Vs. Dcit

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

it is submitted that the whole mater is procedural in nature; that Section 292BB recently inserted by the Finance Act, 2008 shows that any defect in such notice can be cured and is not fatal; that even otherwise the … the submissions which are:CIT, U.P. v. Bankey Lal Hira Lal vi) Navavuga Traders Gunnies Firm, Rajahmundry v. CIT 79 ITR 519 (AP).119. At the outset, a substantial question about the validity of the notice issued Under Section

Commissioner of Wealth Tax Vs. Shanti Parshad JaIn and ors.

Court : Punjab and Haryana

Subject : Direct Taxation

Reported in : (2009)222CTR(P& H)246

Revenue to challenge its correctness in the case of other assessees, without just cause. No doubt, by the Finance Act, 2008, Section 268A has been inserted with retrospective effect from 1st April, 1999 as under:268A. Filing of appeal or application

M/S Bhuwalka Steel Industries.Ltd and Anr Vs. U.O.I and Ors

Court : Supreme Court of India

Subject : Land Acquisition

forth in the First Schedule to the Central Excise Tariff Act, 1985;” [2]. Ins. By Act 18 of 2008, sec. 79 (w.e.f. 10-5-2008). Earlier section 3A was inserted by Act 81 of 1956. sec. 2 (w.e.f. 22-12-1956) … Act, 1944 (hereafter ‘THE ACT’). Section 3[1]. of THE ACT is the basic charging section.4. However, by the Finance Act, 1997, Section 3A[2]. came to be introduced in THE ACT. “Section 3A. Determination of annual capacity of production

Haryana Power Purchase Centre Vs. Sasan Power Ltd

Court : Supreme Court of India

Subject : Land Acquisition

S (3) It was decided to set up an Ultra Mega Power Project. Towards this end, the Power Finance Corporation Limited of India was to be the nodal agency. It incorporated a Special Purpose Vehicle, which is … by the appellant. The application, no doubt, is filed in the year 2008. What impresses the Court the most is the stand of the customs … Commission (hereinafter referred to as ‘Commission’ for brevity). The Commission passed the order purporting to be one under Section 79(b) inter alia of the Act in a petition filed by the first respondent. F A C T S