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Commissioner of Income Tax Vs. M/S.Arun Excello Foundations Pvt. Ltd.

Court : Chennai

Subject : Land Acquisition

dilute the said Section to grant pro-rata relief. 11. Referring to the amendment brought forth under Finance (No.2) Act, 2004 by insertion of sub clause (d) to Section 80IB (10) of the Act, effective from 1.4.2005, learned standing … of 'housing project' is available is the Explanation to Section 80HHBA of the Act. This deduction provision under Chapter VI-A is also one for housing project, but with a difference that it related to projects undertaken on … same, the assessee went on appeal before the Income Tax Appellate Tribunal. 6. A reading of the order of the Tribunal shows that the project

M/S. Srd Nutrients pvt.ltd. Vs. Commissioner of cent.excise, Guwahati

Court : Supreme Court of India

Subject : Land Acquisition

respect of specified goods, wholly or partly.7) As mentioned above, the Parliament levied Education Cess by Finance (No.2) Act, 2004. Chapter VI of the said Finance Act deals with Education Cess. Sections 91 to 93 thereof are relevant and … APPEAL No.4608 OF2010CIVIL APPEAL No.4609 OF2010CIVIL APPEAL No.4610 OF2010CIVIL APPEAL NOS. 5300-5303 OF2011CIVIL APPEAL No.5926 OF2010CIVIL APPEAL NOS. 6085-6092 OF2010CIVIL APPEAL No.18437 OF2017(ARISING OUT OF SLP (C) No.26126 OF2012 Civil Appeal Nos. 2781-2790 of 2010 & Ors.

Cit and anr. Vs. Wipro Infotech Ltd.

Court : Karnataka

Subject : Direct Taxation

is extracted as hereunder:Two Sections 80AA and 80AB of the Income Tax Act, 1961 were introduced by the Finance (No. 2) Act, 1980. While Section 80AA was to have retrospective effect from 1st April, 1968, Section 80AB was to have … for the revenue is affirmed by the apex court by dismissing the SLP in SLP No. 3828 of 2004 filed by the assessee and he has also placed reliance upon another decision of the Madras High Court … Section 80M. Section 80AB was made applicable to all the sections in Chapter VT-A except Section 80M. In Distributors (Baroda) (P) Ltd. v. Union of … the common order dated 31-7-2002 passed by the Tribunal in ITA Nos. 651/Bang/1994, 521, 522, 523/Bang/1997, 369, 370, 461, 462 and 538/Bang/2001 framing two substantial

Cit Vs. Dugdh Utpadak Sahkari Sangh Ltd.

Court : Allahabad

Subject : Direct Taxation

Reported in : [2005]142TAXMAN611(All)

cooperative society, it is subject to the provisions of section 80AB of the Act, which was inserted by Finance (No. 2) Act, 1980 with effect from 1-4-1981. Section 80B(5) of the Act is of no relevance as it defines gross … deprecate such a practice. The Apex Court in the case of State of Orissa v. Nalinikanta Muduli AIR 2004 SCW 4713, has deprecated such practice in the following words :-'It is strange that a decision which has … that it could only mean net income before making any deduction under Chapter VI-A or section 280-O and without applying the provisions of section 64?'Whereas … Chapter VI-A or section 280-O and without applying the provisions of section 64?'Whereas Income Tax Reference No. 29 of 1987 relates to the assessment year

Shree Choudhary Transport Co. Vs. Income Tax Officer

Court : Supreme Court of India

Subject : Direct Taxation

from 2006-07. We, however, do not subscribe to the view so canvassed by the assessee. The Finance (No.2) Act 2004 has brought an amendment in Section 40 of the Act making it applicable w.e.f. 01/04/2004 (sic)8. Since this … to a contractor or subcontractor for carrying out any work on which tax is deductible at source under Chapter XVII-B and such tax has not been deducted or, after deduction, has not been paid during the previous … and the truck owners/operators and thus it cannot be said that the 6 assessee firm was a mediator between the company and the truck owners/

M/s. Bharti Airtel Ltd. Vs. The Commissioner of Central Excise

Court : Mumbai

Subject : Service Tax

the Education Cess on excisable goods leviable under section 91 read with section 93 of the Finance (No.2) Act, 2004 (23 of 2004)(via)(via) the Secondary and Higher Education Cess on excisable goods leviable under section 136 read with … nor the use of said goods in providing output service. Subsequently, information about use of the goods and Chapter heading under the Central Excise tariff was called for from the appellant. The same was, thereafter, furnished by … the Central Excise Act 1944 arise out of the common orders dated 6.1.2012 of the Customs, Excise and Service Tax Appellate Tribunal (Tribunal), West Zonal

Dy. Cit(A) Vs. Subham Industries

Court : Income Tax Appellate Tribunal ITAT Lucknow

Subject : Direct Taxation

view of the provisions of Section 142A inserted by Finance (No. 2) Act of 2004 or not. Under Chapter IV of the Income-tax Act, dealing with computation of capital gains, the AO is entitled to make reference … case, in view of the newly inserted provisions of Section 142A with retrospective effect from 15.11.1972 by the Finance (No. 2) Act, 2004, the order dated 9^thNovember, 2004, passed in I.T.A. Nos. 1399 & 1400/Alld/1998 should not be recalled as held … and addition at Rs. 3,49,149/- in the assessment year 1996-97 Under Section 69B of the Act.The said additions were made by the Assessing Officer in

Deputy Commissioner of Vs. Shubham Industies

Court : Income Tax Appellate Tribunal ITAT Lucknow

Subject : Direct Taxation

Reported in : (2007)104ITD126Luck

view of the provisions of Section 142A inserted by Finance (No. 2) Act of 2004 or not. Under Chapter IV of the Income-tax Act, dealing with computation of capital gains, the Assessing Officer is entitled to make … Officer under Section 142A of the Act. The Section 142A of the Act, which has been inserted by Finance (No. 2) Act, 2004 reads as under: 142A. (1) For the purposes of making an assessment or reassessment under this Act, where … and addition at Rs. 3,49,149 in the assessment year 1996-97 under Section 69B of the Act. The said additions were made by the Assessing Officerin

Deputy Commissioner of Income Tax Vs. Shubham Industries

Court : Income Tax Appellate Tribunal ITAT Lucknow

Subject : Direct Taxation

Reported in : (2007)106TTJLuck34

not in view of the provisions of Section 142A inserted by Finance (No. 2) Act of 2004. Under Chapter IV of the IT Act, dealing with computation of capital gains, the AO is entitled to make reference … AO under Section 142A of the Act. The Section 142A of the Act, which has been inserted by Finance (No. 2) Act, 2004, reads as under: 142A. Estimate by Valuation Officer in certain cases.(1) For the purposes of making an assessment … and addition at Rs. 3,49,149 in the asst. yr. 1996-97 under Section 69B of the Act. The said additions were made by the AO in

Trans Asian Shipping Services Pvt.Ltd. Vs. Commissioner of Income Tax.

Court : Kerala

Subject : Direct Taxation

& 129/12 -:5. :- of the Rules and Form No.66 under the Rules. Explanatory Notes to the Finance Act, 2004 were also referred to. The statutory form of audit report which should be in Form 66 specifically says … income' under the `tonnage tax scheme' in terms of the provisions of Chapter XII G of the Income Tax Act, 1961; the "Act", for short? … B.RADHAKRISHNAN & THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE FRIDAY, THE23D DAY OF JANUARY20153RD MAGHA, 1936 ITA.No. 128 of 2012 () ----------------------- (AGAINST THE ORDER IN ITA.NO. 80/COCH/2012 OF INCOME TAX APPELLATE TRIBUNAL, COCHIN BENCH, COCHIN DATED2007-2012) ------------- … to. The statutory form of audit report which should be in Form 66 specifically says that there is no need to mention the name of