Judgment Search Results Home > Cases Phrase: coal mines nationalisation act 1973 chapter i preliminary Sorted by: old Court: income tax appellate tribunal itat Page 1 of about 23 results (0.161 seconds)

Major Tikka Khushwant Singh Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Chandigarh

Reported in : (1984)8ITD667(Chd.)

..... appeal directed against the order dated 27-3-1982 passed by the competent authority being the iac, made under section 269f(6) of ths income-tax act, 1961 ('the act'). the impugned order is in respect of an agricultural land measuring 69 kanals 16 marlas along with house building therein situated in village badrukhan, district sangrur ..... in certain cases of transfer to counteract evasion of tax".this chapter consists of 19 sections only running from section 269a to section 269s of the act. section 269a deals with definitions and section 269b provides for appointment of competent authority. section 269c deals with immovable properties in respect of which proceedings for ..... to huf of major tikka khushwant singh and the same was sold by him to swaraj spinning mills ltd., a public limited company, incorporated under the companies act, 1956, having its registered office at singla niwas, shahi samadhan, patiala. the property in question was sold vide three different registered sale deed nos. (i .....

H.H. Maharao Bhim Singhji Vs. Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Jaipur

Reported in : (1984)10ITD558(JP.)

..... section 5(1)07/). nor did he make an enquiry in this behalf. that was, however, not done by him. this conclusion of mine finds support from the computation of the net wealth of the assessee for each of the years under consideration. taking first assessment year 1970-71, ..... 3 of the said table)._____________________________________________________si. description of rulers of the formerno. the palace indian states now_____________________________________________________1 2 3 4. the wealth-tax act, 1957 ('the act') came into operation with effect from 1-4-1957. the question of exemption with regard to palaces, corresponding to the concession given to ..... .in the amended clause the aforesaid adjectival clause reads as follows : being a building which immediately before the commencement of the constitution (twenty-sixth amendment) act, 1971, was his official residence by virtue of a declaration by the central government under paragraph 13 of the merged states (taxation concessions) order, 1949 .....

iraqi Airways Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1987)23ITD115(Delhi)

..... reproduced as relevant :- this principle is of great practical importance nowadays when nationalisation is in the air. if the government of a country in order to carry into effect its scheme of nationalisation of a particular industry, say, coal-mining or generation or distribution of electricity, incorporates a body which is responsible ..... assistant commissioner could not verify the bills and vouchers for making any worthwhile investigations to compute the world income with reference to the indian income-tax act. according to him, mere acceptance of the statement of accounts without making any inquiry and investigation was not proper.according to the learned cit ..... administration wholly manned by the director general of civil aviation and the representatives from the ministry of finance and communications. the board was to act independently in its administrative and financial matters but where there were financial implications about a parti-cular level the approval of the council of .....

Dr. Rajah Sir M.A. Muthiah Vs. Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1987)22ITD62(Mad.)

..... appellant is a huf. the common objection taken in all these appeals is to the orders passed by the wto under section 35 of the wealth-tax act, 1957 ("the act") whereunder he excluded the estate duty liability originally allowed as a deduction in the assessment of net wealth for these years. there was a difference of ..... limited to the extent of the assets actually or constructively received by him. the question whether debts and liabilities in terms of section 44 of the estate duty act would include the estate duty payable on the property deemed to pass is a debatable point. there could be, conceivably, two opinions about it. it cannot represent ..... assessee-huf. the deductions given in the original assessments under appeal here were, therefore, in order. in any case (shri ramamani contended) section 35 of the act was wholly inapplicable because this was a matter on which there could conceivably be two opinions. shri ramamani also referred to the decision in venkatakrishna rice co. v.cit .....

Godore Tools (India) (P.) Ltd. Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1988)25ITD193(Delhi)

..... the decisions of the supreme court, etc., are the following : (i) the nature of the receipt is to be determined from a commercial point of view [national cement mines industries ltd. v. cit [1961] 42 itr 69 (sc)]. (ii) the name given to the transaction which is the source of the receipt, is not conclusive though ..... same. in the case of jeewanlal (1929) ltd. (supra) no doubt, it was held that the cash assistance received by the exporters was inextricably connected with the act of exportation and that it was incidental to and supplemental to the trading receipts. however, the following factors need to be noticed in regard thereto : (iii) the decision ..... following grounds : that the learned cit (appeals) erred, in not allowing the full amount claimed by the appellant for deduction under section 35b of the income-tax act, 1961 particularly with regard to expenditure incurred as interest paid on post-shipment export credit loan ; loss incurred owing to the fluctuation in the rate of exchange ; .....

C.S. Shastri Vs. Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1991)38ITD338(Mad.)

..... determined in the course of assessment. he can revise every process which led to the ultimate computation or assessment the hon'ble supreme court in cit v.kanpur coal syndicate [1964] 53 itr 225 and the calcutta high court in cit v. ganga jamuna [1986] 157 itr 225 at page 230 held that the appellate ..... assessments. the learned departmental representative drew the analogy of an assessee approaching the settlement commission under section 2f(2) under chapter v-a of the wealth-tax act. simply because petition is filed before the settlement commission it would not debar the jurisdiction of the assessing officer to complete the assessment. so also on the ..... direction to refer the valuation of the three immovable properties mentioned below to the departmental valuation officer as per the provisions of section 6a of the wealth-tax act: - the assessee besides having movable properties had also got immovable properties both agricultural and non-agricultural in nature. the important point that is to be .....

Sharat Promoters Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Pune

Reported in : (1994)48ITD26(Pune.)

..... the statutory presumptions under section 269c(2). therefore, we hold that the competent authority has not validly initiated the acquisition proceedings under section 269c(1) of the act. in view of the aforesaid circumstances, we are satisfied that the competent authority has not validly acquired the jurisdiction in view of the facts that the notice ..... object contained in clauses (a) and (b) of section 269c(1).consequently, he ordered acquisition of the property under consideration under chapter xxa of the income-tax act, 1961.10. at the time of hearing, shri k.a. sathe, the authorised representative of the transferor and transferee appeared on behalf of them and raised ..... and transferee for immovable property acquired by the dy. commissioner of income-tax, acquisition range, pune, by order under section 269f(6) of the income-tax act, 1961, dated 30-9-1991. both of them raised common grounds to urge that the acquisition proceedings under section 269c have been initiated beyond the time limit .....

Shanti Complex Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1997)63ITD181(Pat.)

..... officer), the deputy commissioner (appeals), the (deputy commissioner) or the commissioner (appeals), will be useful for, or relevant to, any proceedings under this act." 13. turning to the facts of the instant case, consider the plight of the assessing officer before whom a claim is lodged by an assessee stating ..... or the commissioner (appeals) may, for the purposes of this act, - (6) require any person, including a banking company or any officer thereof, to furnish information in relation to such points or matters, or to furnish statements ..... , in the matter of issuing commissions. in this connection, reference could also be advantageously made to the provisions of sub-section (6) of section 133 of the act which permits an assessing officer as follows :- "133. power to call for information. - the (assessing officer), the deputy commissioner (appeals), the (deputy commissioner) .....

Grasim Industries Ltd Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

..... mineral concessions. the constitution bench then noted that at p. 306 of the report of mysore case it was held that royalty fixed under s. 9 of the mines and minerals act was really a tax. it must be kept in view that this decision of the mysore high court was noticed by the constitution bench and was not dissented from ..... intake well." these observations would apply to all the tanks in issue as they are all connected and used for the continuous supply and disposal of water, acid, lime coal, etc. as regards false ceiling also, if the functional test is applied, it is not a mere ceiling of ordinary nature but a ceiling to provide control of the ..... these assets except false ceiling are connected and used in the manufacturing process and plant and machinery for storage for continuous supply of water to works by intake well, of coal by telpher and of acid, lime and effluent discharge by other tanks. false ceiling is provided to control the temperature and humidity of the area where the cloth is .....

Smt. Neena Syal Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Chandigarh

Reported in : (1999)70ITD62(Chd.)

..... account relating to cost of construction, wherein all transactions are recorded. he submitted that the expression 'books of account' and 'record' are not defined in the act. he referred to the definition of these expressions as given in webster's dictionary, wherein it is mentioned that a volume or collection of sheets in which accounts ..... , he submitted that the decision reported in (1971) 80 itr 656 (mp) (supra) is on different issue. he further submitted that the provisions of the evidence act are not applicable to the deeming provisions of ss. 69/69b.11. learned departmental representative pointed out that mr. vinod viyogi was doing work of purchasing land for gfi ..... of land, jewellery, cost of construction and fixed deposit receipts found during search. learned counsel referred to the provisions of ss. 69, 69a and 69b of it act and submitted that the said provisions are deeming in nature and though there are rules of evidence but income is deemed as income of the assessee by fiction and .....