Judgment Search Results Home > Cases Phrase: competition amendment act 2007 section 24 amendment of section 31 Page 3 of about 100,046 results (0.544 seconds)

Mehta Manufacturers Vs. Ito

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (2008)110ITD1(Mum.)

..... to rest by the insertion of clauses (iiid) and (iiie) to section 28 by the same amendment act with retrospective effect.9. in the instant appeal we are concerned with an assessee who has loss under section 80hhc(3) with incentives and is claiming deduction under ..... down the rigour of such view representations were made to the government and eventually second to fifth provisos to section 80hhc(3) were inserted by the taxation laws (amendment) act, 2005 with retrospective effect. other ongoing controversy regarding the taxability of duty entitlement pass-book (depb) and duty free replenishment certificate (dfrc) was also put ..... report in form no. 1 occac observed that the assessee has loss on export turnover at rs. 10,19,985. he considered taxation laws (amendment) act, 2005, in which amendment has been carried out to section 80hhc. since the assessee's export turnover was below rs. 10 crores and there was loss on the total export .....

Commissioner of Income Tax Vs. Ramesh Chand Soni

Court : Rajasthan

Reported in : (2005)194CTR(Raj)84

..... ending with the last date on which the assessee is required to furnish a report of such audit under that sub-section, or(iv) omitted by the direct tax laws (amendment) act, 1987, w.e.f, 1st april, 1989.(iva) the period (not exceeding sixty days) commencing from the date on which the ao received the declaration under sub- ..... such saving/validating provisions the assessment made on 8th march, 2001 was clearly barred by time when made as per extant provisions and were not validated by subsequent amendment of the act through substitution of expln, 1 to section 158be w.e.f. 1st june, 2002.25. since excluding the entire period of 180 days, the assessment order ..... of four years or seven years limitation was prescribed depending upon the quantum of estimated escaped liability towards tax.the revenue had relied on the amendment made in section 150(1) of the act as amended w.e.f. april, 1989. it was contended by the revenue that the limitation prescribed under section 149 will not be attracted by .....

Kamakshi Lamipack Private Limited, Rep.by Its Director Vs. the Governm ...

Court : Chennai

..... the destination of his own use; provided further that the state government shall, not later than five years from the date of commencement of the electricity (amendment) act, 2003, by regulations, provide such open access to all consumers who require a supply of electricity where the maximum power to be made available at ..... appropriate commission is of the opinion that it is necessary or expedient so to do for maintaining the efficient supply, securing the equitable distribution of electricity and promoting competition, it may, by order, provide for regulating supply, distribution, consumption or use thereof. section 42 : "42. duties of distribution licensee and open access.(1 ..... of testing a public policy in the context of illegality and unconstitutionality, courts should avoid 'embarking on uncharted ocean of public policy'. (vi) manu/cg/0124/2007 (m.p. lopik vargiya shaskiya karamchari snagh vs. the state of madhya pradesh, now cg and others) : "7.the first question is about the doctrine .....

Sunil Chandra Nawn Vs. Union of India and ors.

Court : Kolkata

Reported in : (1976)5CTR(Cal)180

..... and perhaps impossible to define in any precise general formula. it was a word of widest connotation. the indian income-tax and excess profits tax (amendment) act (act xxii of 1947) which amended the indian income-tax act, 1922 by enlarging the definition of the term 'income' in section 2 (6-c) so as to include capital gain and adding a new ..... were made by the supreme court in an appeal from the decision in a reference under the indian income-tax act, 1922 and supreme court was concerned with the vires of the indian income-tax and excess profits tax (amendment) act. it is now well settled that the supreme court is not competent to decide the question of vires in an ..... appeal from a reference under the income-tax act. reliance was placed on the decision of the supreme court in the case k. s .....

Narayan Prasad Kotriwal Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1994)50ITD539(Pat.)

..... 155(7a) were omitted from 1-4-1992 by the direct tax laws (amendment) act, 1987. the provisions of section 45(5) were expressly made applicable only from the assessment year 1988-89. therefore they are not applicable for the year under appeal ..... the first instance would continue to be chargeable as income under the head 'capital gains' in the previous year in which the transfer took place. 24.7 these amendments will come into force with effect from 1st april, 1988, and will, accordingly apply from the assessment year 1988-89 and subsequent years. the provisions of section ..... present case.8. the judgments relied on by the ld. d.r. were concerned with the amendment to the laws of procedural nature and were therefore held to act retrospectively. those judgments do not apply to the present case where the amendment is to a substantive provision which has been held to be a charging section.9. for .....

Chandra Mohan Vs. State of U.P. and ors.

Court : Supreme Court of India

Reported in : AIR1976SC1482; 1976LabIC1009; (1976)3SCC560; 1976(8)LC519(SC)

..... judicial service in pursuance of the selections made under the 1953 rules.6. this decision created a difficult situation. to remedy the same, the constitution (twentieth) amendment act, 1966 inserted article 233a in the constitution. thereafter on february 1, 1967, the appellant herein again filed a writ petition challenging the appointment of respondents 2 ..... the constitution. it was alleged that respondents 4, 5 and 6 herein were recruited to the u.p. civil service (judicial branch) in 1940 through a competitive examination, but after their selection as direct recruits, in 1957, they ware nude senior to all the other members of the u.p. civil service judicial branch ..... seniority of the appellant and the respondents concerned in accordance with the new rules promulgated in 1975.11. it is not disputed that the constitution (twentieth amendment) act did not validate the rules which were declared unconstitutional by this court. we have therefore to see whether rules 20 and 23, of the 1953 rules .....

Nirma Industries Ltd. Vs. Director General of Investigation and Regist ...

Court : Supreme Court of India

Reported in : AIR1997SC2382; [1997]89CompCas537(SC); JT1997(5)SC481; 1997(4)SCALE114; (1997)5SCC279; [1997]Supp1SCR137; 1997(2)LC191(SC)

..... services either by eliminating or restricting competition or otherwise. the words 'or otherwise' are of wider import and they signify not only actual loss or injury suffered by consumers but also probable or likelihood of the consumers suffering loss or injury in any form. the object of the amending act 30 of 1984 is to extend ..... to the sachar committee report which recommended to specify certain unfair trade practices and prohibit them altogether as indicated in the bill but, however, the legislature by amendment act no. 30 of 1984 redefined section 33 but did not choose to redefine section 36a despite the recommendation of the sachar committee. he, therefore, urged that ..... class of trader,(ii) a single or isolated action of any person in relation to any trade.8. the act came to be amended by act no. 30 of 1984 called the monopolies and restrictive trade practices (amendment) act, 1984. section 36a was brought on statute in chapter v part b called 'unfair trade practices.' section 36a .....

Associated Banking Corporation of India Ltd. Vs. Commissioner of Incom ...

Court : Supreme Court of India

Reported in : AIR1965SC1188; [1965]35CompCas308(SC); [1965]56ITR1(SC); [1965]1SCR788

..... computation of profits and gains. in cases governed by the amended act undoubtedly the question of admissibility of bad or doubtful debt as allowance must be adjudged in the light of the express provision of the statute, and not on ..... after the judgment of the privy council in chitnavis's case (1932) l.r. 59 indap 290 the legislature has inserted by section 11 to indian income-tax (amendment) act 7 of 1939 clause (xi) in sub-section (2) of section 10, which expressly deals with the admissibility of bad or doubtful debts as allowances in the ..... there can be no accrual of loss. in venkatachalapathy's case : [1951]20itr363(mad) the assessee employed a clerk who wrote books of account of a business, acted as salesman, received and disbursed cash in the absence of the managing partner and collect bills. by manipulation of accounts the clerk misappropriated large amounts at diverse times. .....

R.M.D.C. (Mysore) Private Ltd. Vs. the State of Mysore

Court : Supreme Court of India

Reported in : AIR1962SC594; [1962]3SCR230

..... to tax had not been surrendered to parliament. (2) the amending act was not a new method of controlling prize competitions nor was it a piece of colourable legislation. (3) there was no amendment of an act which stood repealed nor was the retroactive operation of the amending act affected by article 254(1) of the constitution. 27. the ..... operation of the central act were conducted by the appellants became subject to the operation of the mysore act as amended. the appellants on september 10, 1957, were called upon to file ..... retrospectively omitted and retrospective effect was given to the mysore act as amended. by adding a proviso to section 15 of the mysore act all prize competitions conducted between march 31, 1956, and august 31 1957, were brought within the purview of the amended act. thus the prize competitions which as a result of the stay of the .....

Union of India Vs. Telecom Regulatory

Court : Delhi

Reported in : 1998VAD(Delhi)209; 74(1998)DLT282; 1998(46)DRJ557

..... healthy growth of telecommunication service apart from protection of consumer interests. to achieve these objects it was considered that the indian telegraph act,1885 be amended. accordingly the indian telegraph (amendment) bill,1995 was prepared. but the same did not see the light of the day. thereafter it was decided to ..... licence; (g) lay down and ensure the time period for providing local and long distance circuits of telecommunication between different service providers; (h) facilitate competition and promote efficiency in the operation of telecommunication services so as to facilitate growth in such services; (i) protect the interest of the consumers of telecommunication ..... recommendation of the trai under section 11(1) clauses (a) (b) & (f) are mandatory. the primary object of the trai is to facilitate competition, promote efficiency in the operation of telecommunication service, and growth in such services. these objects cannot be discharged by the trai unless its power and functions .....