Advanced Search Results
Commissioner of Gift-tax Vs. Inder Singh Rajput
Rajasthan
Jul-22-1997
Direct Taxation
Gift Tax Act, 1958 - Sections 2 and 4; Finance (No. 2) Act, 1971
[1998]233ITR660(Raj); 1998(1)WLC274; 1997(2)WLN87
converting self-acquired property into Hindu undivided family property, the Legislature in its wisdom through Section 37 of the Finance (No. 2) Act, 1971, has amended sections 2 and 4 of the Gift-tax Act for the purpose. Under the amendment to Section
Tag this Judgment! AI Brief & AskCitibank N.A. Vs. Commissioner of Income-tax
Mumbai
Mar-05-2003
Direct Taxation
Income Tax Rules, 1962 - Rule 3; Income Tax Act, 1961 - Sections 18, 20, 20(1), 28, 30, 31, 36, 37, 40A, 40A(5) and 44C; Finance (No. 2) Act, 1971
(2003)183CTR(Bom)294; [2003]262ITR47(Bom); 2003(3)MhLj465
assessee used by an employee for his own benefit.7. Sub-section (5) was inserted in Section 40A by the Finance (No. 2) Act, 1971, with effect from April 1, 1972. It imposes a limit on deductible amount of expenditure, which is incurred
Tag this Judgment! AI Brief & AskCommissioner of Wealth-tax Vs. Trustees of H.E.H. the Nizam's Sahebzad ...
Andhra Pradesh
Jul-11-1978
Direct Taxation
Wealth Tax Act, 1957 - Sections 5(1), 21, 21(1), 21(4); Finance (No. 2) Act, 1971
[1981]129ITR796(AP)
Rs. 250. Direct Taxation - assessment - Sections 5 (1) and 21 of Wealth Tax Act, 1957 and Finance (No. 2) Act, 1971 - whether jewellery intended for personal use of beneficiary was exempt from levy of wealth tax by virtue … and shares to the extent of Rs. 3,60,000 out of the share fund be assessed in terms of Section 21(1) of the Wealth-tax Act in the assessee's hands in respect of each of the valuation, dates ?4.
Tag this Judgment! AI Brief & Ask18-section briefs on any result in this list
Padmavati Jaykrishna Vs. Commissioner of Wealth-tax, Gujarat Iii
Gujarat
Aug-29-1974
Direct Taxation
Wealth Tax Act, 1957 - Sections 5(1), 29, 32, 35 and 35(1); Finance Act, 1971 - Sections 32
[1976]105ITR115(Guj)
. The Tribunal, therefore, by its order confirmed the order of the Appellate Assistant Commissioner. However, by the Finance (No. 2) Act of 1971, there was an amendment made in the Wealth-tax Act and section 5(1)(viii) has been amended by
Tag this Judgment! AI Brief & AskCommissioner of Income Tax Vs. Bhavnagar Bone and Fertiliser Co. Ltd.
Gujarat
Mar-22-1986
Direct Taxation
Income Tax Act, 1961 - Sections 2(24), 28 and 260(1); Finance Act, 1971 - Sections 2(6)
(1987)59CTR(Guj)116; [1987]166ITR316(Guj)
was an 'industrial company' within the meaning of clause (c) of sub-section (6) of section 2 of the Finance (No. 2) Act, 1971 2. Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was justified
Tag this Judgment! AI Brief & AskCommissioner of Wealth-tax Vs. Lalchand Singhai
Madhya Pradesh
Jan-06-1981
Direct Taxation
Finance (No. 2) Act, 1971; Wealth Tax Act, 1957 - Sections 5(1) and 35
(1981)25CTR(MP)123; [1983]140ITR314(MP); 1981MPLJ354
35 on the basis of retrospective amendments to Section 5(1)(viii) with effect from January 1, 1963, by the Finance (No. 2) Act, 1971 ?' 2. The assessee is an HUF. The relevant assessment year is 1965-66, the valuation date being 31st
Tag this Judgment! AI Brief & AskCommissioner of Wealth-tax Vs. Aditya Vikram Birla
Kolkata
Jan-16-1978
Direct Taxation
Finance (No. 2) Act, 1971; ;Wealth-tax Act, 1957 - Section 5(1)
[1978]114ITR711(Cal)
the 1st April, 1972, when the Explanation was added to Section 5(1)(viii) of the Wealth-tax Act by the Finance (No. 2) Act, 1971. The Tribunal followed an earlier decision of another Bench of the Tribunal in the case of Smt. Rajashree
Tag this Judgment! AI Brief & AskP.P. Ginwalla Vs. Commissioner of Income-tax
Kolkata
Jul-21-1992
Direct Taxation
Finance (No. 2) Act, 1971; ;Wealth Tax Act, 1957 - Section 5(1)
[1994]206ITR613(Cal)
that jewellery used for personal use was exempt in entirety under Clause (viii). Subsequently, the Legislature, by the Finance (No. 2) Act, 1971, excluded jewellery as articles of personal or household use with retrospective effect from April 1, 1963. The assessee … Ajit K. Sengupta, J.1. In this reference made under Section 27(1) of the Wealth-tax Act, 1957, at the instance of the assessee, the following questions have been referred
Tag this Judgment! AI Brief & AskPetrosil Oil Company Ltd. Vs. Commissioner of Income-tax
Mumbai
Sep-22-1993
Direct Taxation
Income Tax Act, 1961 - Sections 2(17), 2(18), 2(18)(B), 18(5), 43(5), 66(1), 81, 104, 108, 139, 194, 246 and 259
[1999]236ITR220(Bom)
is referred to in section 108 of the Income-tax Act, 1961, falls under section 2(6) (a) of the Finance (No. 2) Act, 1971. Section 2(6) (e) of the Finance (No. 2) Act, 1971, provides that 'all other words and expressions used in … the material time, within the meaning of the said expression as defined in section 2(6) (b) of the Finance (No. 2) Act, 1971. Section 108(b) of the Act is applicable only to such subsidiaries which fulfil all the conditions prescribed thereunder. The
Tag this Judgment! AI Brief & AskHanuman Mal Sekhani Vs. Commissioner of Wealth-tax
Rajasthan
Jul-28-1986
Direct Taxation
Wealth Tax Act, 1957 - Sections 4(1) and 5(1); Finance (No. 2) Act, 1971
(1986)57CTR(Raj)185; [1987]168ITR364(Raj)
words ' but not including jewellery' in Section 5(1)(viii) retrospectively with effect from April 1, 1963, by the Finance (No.2) Act, 1971, and the addition of Explanation 1 giving a wider meaning to the word ' jewellery ' prospectively with
Tag this Judgment! AI Brief & AskAI Brief (18 sections) + Semantic Search - 7 days free
- ‹ Prev
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- Next ›
- Last »