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Commissioner of Income-tax Vs. Saroop Krishan

Court : Punjab and Haryana

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 15, 16 and 17; Finance (No. 2) Act, 1980 - Sections 16

Reported in : (1985)46CTR(P& H)296; [1985]153ITR1(P& H)

living away from the place from where he has to collect his pension.21. As a result of the Finance (No. 2) Act of 1980, the words 'expenditure incidental to employment' have been deleted. That means that the salaried people from … amount by which suchsalary exceeds Rs.. 10,000 or Rs. 3,500, whichever is less. 17. For the purposes of Section 15 and 16 and of this section,-- (1) 'Salary' includes- (i) wages; (ii) any annuity or pension;......' 9. While

Upper Ganges Sugar Mills Ltd Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Arbitration

Reported in : (1987)(12)LC161Tri(Delhi)

of the order made under Sub-section 1 or Sub-section 3.5. The provisions of Section 50 of the Finance (2) Act, 1980 read with the 5th Schedule to the Act made amendments in the Customs Act, 1962 to provide for … as appeals.4. We have carefully considered the submissions from both sides. The Produce Cess Act, 1966 (Act No. 15 of 1966) provides for the imposition of Cess on certain produce for the improvement and developments of the

Motisagar Estate (P.) Ltd. Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Pune

Subject : Direct Taxation

Reported in : (1993)47ITD72(Pune.)

nature and beyond the legislative competence which is clear from the amendment brought on the statute by the Finance (No. 2) Act 1991 and although the amendment is said to be effective from 1-10-1991, it is merely clariflcatory in nature … orders of the CIT(A) wherein he has confirmed the various penalties imposed by the Dy. CIT (Admn.) under Section 272A(2)(c) of the Income-tax Act, 1961 for failure of the assessees to file annual return under Section 206 … annual return was not acceptable. The letter of the ITO (TDS) dated 15-10-1990 issued to the appellants was only educative in nature and was only

Honda Siel Power Products Ltd. Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2001)77ITD123(Delhi)

only in respect of profits and gains derived from an industrial undertaking. The present section was inserted by Finance (No. 2) Act, 1980 w.e.f, 1-4-1981 and provides for deduction in respect of profits and gains "derived from" an industrial undertaking. The … of balances in PLA (Excise) of Rs. 10,109; RG-23-A Part-II of Rs. 63,05,495 and RG-23-C Part-II of Rs. 15,64,516. It was further submitted that the cash payment was made in the Treasury to maintain balance sufficient to

Honda Siel Power Products Ltd. Vs. Deputy Commissioner of Income Tax

Court : Delhi

Subject : Direct Taxation

Reported in : (2001)69TTJ(Del)97

only in respect of profits and gains derived from an industrial undertaking. The present section was inserted by Finance (No. 2) Act, 1980, with effect from 1-4-1981, and provides for deduction in respect of profits and gains 'derived from' an industrial … balances in PLA (excise) of Rs. 10,109; RG 23-A Part-II of Rs. 63,05,495 and RG-23-C Part-II of Rs. 15,64,516. It was further submitted that the cash payment was made in the treasury to maintain balance sufficient to

B. Rajendra Oil Mills and Refinery Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : MRTP

Reported in : (1985)(21)ELT607TriDel

of the Central Excises and Salt Act, as they stood before the amendments brought about by the Finance (2) Act of 1980 (given effect to from 11-10-1982), are to be held to apply even now to proceedings by … procedure for appeal etc., the provisions of Central Excises and Salt Act, 1944 cannot be invoked for this purpose.Section 15(2) of the Produce Cess Act, 1966, only provides that the provisions of Central Excises and Salt Act, 1944

Extrusion Processes Pvt. Ltd. Vs. Assistant Collector of C.E.

Court : Mumbai

Subject : Excise

Acts : Central Excise Tariff Act, 1985; Central Excise Act, 1944 - Sections 2, 3 and 4

Reported in : 1987(3)BomCR673; 1988(36)ELT531(Bom)

to meet this situation, the Government sought to amend the law when it introduced certain changes in the Finance (No. 2) Act, 1980, which are as follows :'(a) Under Section 2(f) after sub-clause (vii), the following sub-clause was inserted, viz :-(viii)

Extrusion Processes Pvt. Ltd. and Mobanbhai I. Patel of Bombay Vs. Shr ...

Court : Mumbai

Subject : Excise

Reported in : 1988(14)LC529(Bombay)

to meet the situation, the Government sought to amend the law when it introduced certain changes in the Finance (No. 2) Act, 1980, which are as follows:(a) Under Section 2(f) after Sub-clause (vii), the following sub-clause was inserted, viz ;(viii) In

Commissioner of Income-tax Vs. A.T. Balakrishnan (Decd.) and ors.

Court : Chennai

Subject : Direct Taxation

Acts : Income-tax Act, 1961 - Sections 64, 64(2), 171 and 171(1); Wealth-tax Act, 1957 - Sections 20 and 20A; Finance (No. 2) Act, 1980

Reported in : [1999]238ITR801(Mad)

partition under the Wealth-tax Act came into force by Section 20A of the Wealth-tax Act introduced by the Finance (No. 2) Act, 1980, with effect from April 1, 1980, there must be an order recognising the partial partition under Section 171 … the assesses and should be considered as the wealth of Kum.' Chandra and Bose Estate ?'T. C. Nos. 1561 to 1565 of 1984:'Whether, on the facts and in the circumstances of the case, the Tribunal was right

Commissioner of Income-tax Vs. Mico Products Pvt. Ltd.

Court : Mumbai

Subject : Direct Taxation

Acts : Finance Act, 1980; Constitution of India - Articles 14, 19(1)(8) and 226; Income Tax Act, 1961 - Sections 32, 32(1) and (2), 35, 35(1), (2), (2B), (B), B(2) and C(2)

Reported in : (1990)92BOMLR659; [1991]187ITR517(Bom)

respect of that asset.'14. Once again section 35(2)(iv) was retained in its original form.15. As a result of Finance (No. 2) Act. 1980, section 35(2)(iv) now stands amended as from April 1, 1962, to read as follows :'35. (2) For the purposes