Judgment Search Results Home > Cases Phrase: companies profits surtax act 1964 Court: delhi Page 96 of about 2,291 results (0.227 seconds)

Apollo Tyres Ltd. Vs. Assistant Commissioner of Income Tax.

Court : Delhi

Reported in : (1998)61TTJ(Del)365

..... . 12a, on application, call for and examine the record of any order passed or proceeding recorded under the provisions of this act by any officer subordinate to him for the purposes of satisfying himself as to the legality or propriety of such order, or as to the regularity of such proceeding, and may pass such order with respect thereto as he thinks fit ..... . a copy of the annual audited accounts of the company for the financial year 1992-93 (please refer sch ..... . 4,06,93,010 alleged to have been suffered by the assessed must have given rise to substantial profits assessable to tax in the hands of the corresponding sellers ..... he submitted that the assessed had entered into various contracts for purchase of units of uti (1964 scheme) with various recognised brokers in the month of april, 1991. ..... 8) 68,46,29,000 *(1,91,25,000)(27,97,500)20,29,490(1,98,93,010) other transactions 3.units of uti 50013.35,54966,77,97,500 (1964 scheme) 4.8% tax free 10 10,12,38,265 irfc bonds(f.v ..... 4,06,93,010 on the sale of units of uti (1964 scheme) and irfc bond had been claimed by the assessee ..... 4,06,93,010 claimed by the assessed in the purchase and sale of units of uti, 1964, etc ..... circumstances of the present case.4.15 the ao has not made necessary inquiries to ascertain the names and all other particulars of the sellers from whom the assessed had purchased the entire lot of units of uti (1964 scheme) ..... . 9) (1964 scheme)22-04-9131-07-9140013.69254,77,00,000 ..... . 17) (1964 scheme)09-04-9131-07-9110013.72513,72,50,000 .....

Commissioner of Income Tax Vs. Mahalakshmi Sugar Mills Co. Ltd.

Court : Delhi

Reported in : (2001)165CTR(Del)387

..... pending the appeal, the state government deposited the amount in the court which the assessee-company was permitted to withdraw on furnishing a security bond for refunding the amount in the event of the appeal preferred by the state government being decided in ..... and the final opinion recorded in that case would show that the question was considered by the court primarily on the basis of section 8(2) of the 1954 pepsu act, which undoubtedly provides that the amount of compensation payable for use and occupation of the requisitioned property is a recurring payment in respect of the period of requisition. ..... tribunal did not examine as to whether the income could, also be said to accrue only after it was quantified and if that was so then it could be said to have accrued only after 7-1-1964 (beyond assessment year 1963-64), when, the assessed received payment under interim orders of the high court. ..... appeal pertaining to the assessment year 1963-64, it had decided that: (a) the right to compensation accrued in december, 1954 relevant to assessment year 1956-57; (b) that even on the basis of award, the accrual will be in assessment year, 1964-65 and not 1963-64, and (c) that there was no accrual in assessment year 1967-68. ..... estimated the profit under section 41(2) of the act at rs. ..... to note that during the pendency of the appeal before the high court, on assessor's furnishing security in terms of an interim order passed by the high court, the assessed received the said amount on, 7-1-1964. .....

Pfizer Products Inc. and anr. Vs. B.P.Singh Tyagi and anr.

Court : Delhi

..... however, considering that the plaintiffs have not proved any actual damage to them and even otherwise it are not possible to work out the profits earned by the defendants and the damages sustained by the plaintiffs on account of use of the mark orex by the defendants, the plaintiffs are ..... there is likelihood of the customers getting induced to believe that the product offered by the defendants was of the same quality as the products of the plaintiff-companies are and they may also believe that the defendants have some connection or association with the plaintiff-companies or have licensed or authorized the product being sold by the defendants under the trademark orex. 3. ..... though the plaintiffs have also sought rendition of account for the profits earned by the defendants by infringing their trademark and passing off their goods as the goods of the plaintiff, this relief ..... anamika gupta has supported, on oath, the case set up in the plaint and has stated that plaintiff's product under the mark corex is being manufactured in india since 1964 and plaintiff no.1 is the registered proprietor of the trademark corex, by virtue of trademark registration no. ..... the name for their product, need to act honestly and bona fidely and not with a view to encash upon the goodwill and reputation of the plaintiff-company. ..... that the registration was issued on 04.07.1964 and was renewed from time to time ..... this product is being sold in india since 1964 and the mark corex is registered in india since 1963 in .....

Vinod Kumar JaIn Vs. State Through Central Bureau of Investigation

Court : Delhi

Reported in : 1991CriLJ669; 42(1990)DLT186; 1990(19)DRJ121

..... jaggi cams into picture, it is evident that the banks had already issued letters of credit giving loans to the clients for purchasing the said goods the shipping company had already issued the bills of lading the bill of lading bungs about a contract of ball or and bailee which incorporates the duty of the carrier to deliver the cargo in the same condition as it is received ..... elaborate order had concluded that in fact, the conspiracy, according to .the evidence collected by the prosecution, was entered into only for the first time at bombay in june 1979 and all other acts committed by v.k, jain or aujla and his son were in the nature of getting the necessary information and the examining the possibility of obtaining false documents from different parties at singapore and for finding ..... with him and also had associated his son in getting in touch with different persons who could supply false, documents on payment of some money showing the sale of certain goods to the companies of bs.aujla which were to be shown as shipped' to india in that particular ship which was to be scuttled and certain parties had agreed to supply the documents and as b.s. ..... it is also not disputed before me that all the four insurance companies had acted in a similar manner in issuing the insurance.covers but the cbi had thought fit ..... a telex dated july 26, 1979 had been issued from the area office recommending 100% profit policy on the ground that the client was a valued client for the past five ..... gani 1964 (1) .....

Rashmi Naqrath Vs. Sarva Priya Cooperative House Building Society Ltd.

Court : Delhi

Reported in : 1997IIIAD(Delhi)309; 66(1997)DLT713; 1997(41)DRJ448

..... brought in by the partners or which has been acquired in the course of business of the partnership, it becomes the property of the firm and a partner is entitled to his share of profits, if any, after realisation of the property and only upon dissolution of the partnership to a share in the money representing the value of the property for which reliance was laid by the learned ..... relief from this court as the mode of the transfer of share by the soceity after the death of the member is provided under section 27 of the bombay cooperative societies act and its effect is that only the share/interest of a deceased member can be transferred within a period of one year from the death of such member and in his ..... a preliminary to the settlement of accounts between partners upon dissolution of the firm and it will, thereforee, be correct to say that, for the purposes of the indian partnership act, and irrespective of any mutual agreement between the partners, the share of each partner is, in the words of lindley : 'his proportion of the partnership assets after they have been ..... tata engineering and locomotive co.ltd vs.the state of bihar and others : [1964]6scr885 and life insurance corporation of india vs.escorts limited and others : 1986(8)ecc189 , has held that in cases where company being legal and juristic person and a separate entity, the lifting of veil ..... 6, partnership act, which reads as follows: 'the sharing of profits or of gross returns arising from properly by persons holding a .....

District Excise Officer Vs. Income Tax Officer

Court : Delhi

Reported in : (2001)68TTJ(Del)436

..... it will be treated as tax paid on behalf of the person from whom the amount has been collected and credit shall be given for such amount in the assessment made under this act on production of a certificate.the new section also provides that if a seller does not collect or after collecting fails to pay the tax, he shall be deemed to be an assessee in default (underlined, italicised in print, by ..... ) 6 itr 414 , their lordships of the privy council have held that the word 'assessment' is used in the income tax acts as meaning sometimes the computation of income, sometimes the determination of the amount of tax payable, and sometimes the procedure laid down in the act for imposing liability upon the taxpayer.we are, thereforee, unhesitatingly of the opinion that the order dated 31-1-1991 (annexure '1-a'), which ..... assessed as defined in section 2(7) of the act is thus a person by whom any tax or any other sum of money is payable under the act.person : 'the expression 'person' as defined in section covers individual, huf, company, a firm, assessing officer personal, local ..... that the word 'assessment' is used in the english income tax code in more than one sense-one meaning is the fixing of the sum taken to represent the actual profit, and the other, the actual sum in tax which the taxpayer is liable to pay ..... : [1964]53itr225(sc) , it is true that there is no express provision of appeal under the act, nevertheless the same is covered under section 246(1)(a) of the act which ..... [ .....

Telefonaktiebolaget LM Ericsson (Publ) Vs. Competition Commission of I ...

Court : Delhi

..... of technological knowledge and in a manner conducive to social and economic welfare, and to a balance of rights and obligations; (d) that patents granted do not impede protection of public health and nutrition and should act as instrument to promote public interest specially in sectors of vital importance for socio-economic and technological development of india; (e) that patents granted do not in any way prohibit central government in taking measures to ..... provisions in respect of restrictive trade practices after reviewing the existing provisions and ensuring clear demarcation between the jurisdiction of the mrtp commission and the consumer courts under the consumer protection act, 1986 so as to avoid any overlapping of jurisdiction; and (c) suitable administrative measures required in order to implement the proposed recommendations including restructuring the mrtp commission and the location ..... -section (1) of section 108 provides that the reliefs would include injunction and, at the option of the plaintiff, either damages or an account of profits; sub-section (2) of section 108 further provides that the court may also pass orders that infringing goods shall be seized, forfeited or destroyed, ..... the principle that a later act would override the earlier act, held that the banking companies (amendment) act 1953 must be treated as a later act and that would override the provisions of the earlier displaced persons (debts adjustments) act, 1951. ..... joseph: (1964) 2 scr 87, the supreme .....

Manish Vij and ors. Vs. Indra Chugh and ors.

Court : Delhi

Reported in : AIR2002Delhi243; 97(2002)DLT1

..... the user may only need to know the name of the company of which he wishes to get information. ..... it lead to the reserving of many well known trade names, brand names, company names, etc. ..... in time warner entertainment company, l.p. ..... blue super flame industries, air 1986 del 245; time warner entertainment company, l.p. v. a.k. ..... it is also pleaded that defendants have booked various other domain names like 'rajourigardenmarket.com', 'karolbaghmarket.com' with the intention of making illegal profits. 4. ..... these were booked with the intention of making illegal profits. ..... veer industries (india) the plaintiffs were registered proprietor of the trade-mark 'perfect' and 'swastik perfect' and also owner of the copyright registered design in respect of the stoves since 1964. ..... (nsi) acting on behalf of the inter nic. .....

Bakhtawar Singh Balkrishan Vs. Union of India and anr.

Court : Delhi

Reported in : AIR1983Delhi201

..... may sue or be sued by the name of the union of india and the government of a state may sue or be sued by the name of the state and may, subject to any provisions which may be made by act of parliament or of the legislature of such state enacted by virtue of powers conferred by this constitution, sue or be sued, in relation to their respective affairs in the like cases as the dominion of india and the corresponding provinces ..... under the constitution, cull it regal, sovereign or by any other name'(16) if the expression, 'industry' and the other expres- sions used in the definition of the expression in section 2(j) of the industrial disputes act, may legitimately illumine the judicial path in determining the true meaning and import of the expression 'carries on business' in section 20 of the code, and we have the authority of the supreme court for this proposition ..... running of railways, observed the court, was a 'business' and that there was no reason to hold that the running of railways, which was business when run by private companies and individuals, ceased to be so when run by government, and that what was determinative was not who was carrying on the activity but what 'the nature and character ..... as to the true interpretation of the expression 'industry' defined by section 2(j) of the industrial disputes act in the context of a controversy if the group of hospitals run by the state of bombay could be said to be 'industry' in spite of the non-profit motivation for the activity. ..... 1964 .....

Association of Victims of Uphaar Tragedy Vs. Union of India and ors.

Court : Delhi

Reported in : 2000IVAD(Delhi)342; 86(2000)DLT246

..... enterprise must be held strictly liable for causing such harm as a part of the social cost of carrying on the hazardous or inherently dangerous activity.if the enterprise is permitted to carry on an hazardous or inherently dangerous activity for its profit, the law must presume that such permission is conditional on the enterprise absorbing the cost of any accident arising on account of such hazardous or inherently dangerous activity as an appropriate item of its overheads ..... irrelevant, since in his submission, even if the petitioners were so blinded, the state was not liable to pay compensation to the petitioners first, because the state was not constitutionally or legally responsible for the acts of the police officers outside the scope of their power or authority and the blindings of the under trial prisoners effected by the police could not thereforee be said to constitute violation of their fundamental, right ..... custody was irrelevant, since in his submission, even if the petitioners were so blinded, the state was not liable to pay compensation to the petitioner first, because the state was not constitutionality or legally responsible for the acts of the police officers outside the scope of their power or authority and the blindings of the underrial prisoners effected by the police could not thereforee be said to constitute violation of their fundamental, right under article ..... 11 and 12 were companies incorporated under the companies act, 1956 and were non- ..... of taxes : [1964]6scr654 ; s.k .....