Court : Allahabad
..... (1) or as the case may be,under sub-section (2) of section 13 and shall include a common waqf board established under section 106. under waqf act 1995, chapter iv deals with establishment of board and their functions. section 13 therein deals with incorporation and provides that w.e.f. from such date as the state government ..... or structure thereon, which, in the opinion of the board is necessary for execution of the works and execute such works from wakf funds or from the finances which may be raised on the security of the properties of the wakf concerned, and control and manage the properties till such time as all expenses incurred by ..... instructions as has been received has been supplied to learned counsel for the petitioner, to show and substantiate that there is valid authorization under section 27 of waqf act 1995 delegating the authority to the chairperson, as well as to the other members, and accordingly chairman has rightfully taken action. after receiving of the said instructions, .....
Tag this Judgment!Court : Allahabad
..... contention of learned advocate for the petitioner that it is incumbent upon respondent bank to obtain permission under section 22 of sic act, 1985 fails. it is held that reference under chapter iii of sic act is a genus and inquiry under section 16, orders under section 17 and measures for revival and rehabilitation of sick industrial ..... . v. b.i.f.r. (supra) and by delhi high court in integrated rubian exports ltd. v. industrial finance corporation of india ltd. (supra) of kerala high court, referred newly introduced proviso by act 54 of 2002, all the courts have considered effect of the above proviso in light of a measures taken under section ..... money as is sufficient to pay the secured debt. (5) ........... (6) ........... (7) ........... (8) ........... (9) in the case of financing of a financial asset by more than one secured creditors or joint financing of a financial asset by secured creditors, no secured creditor shall be entitled to exercise any or all of the rights conferred on him .....
Tag this Judgment!Court : Allahabad
..... with the guidelines issued by the government for giving the rewards to the informants as well as the government servants who are responsible for seizure under the gold control act, 1968 and other statutes. the scheme of reward was modified from time to time. in the said case, seizure was made in the year 1989 on the basis of ..... thus, the submission of the applicants that their renewal applications which were pending at the time of issuance of declaration on 31.5.2012 shall be considered according to chapter ii cannot be accepted and the areas in respect of which the applications for renewal were pending on 31.5.2012, cannot be said to be not vacant." ..... prefer to allow free play to the government to evolve fiscal policy in the public interest and to act upon the same. equally, the government is left free to determine priorities in the matters of allocations or allotments or utilisation of its finances in the public interest. it is equally entitled, therefore, to issue or withdraw or modify the .....
Tag this Judgment!Court : Allahabad
..... the consistent position that the power of the collector was not only confined to the minimum value which was prescribed in the rules framed under the act. rule 341 of chapter xv of the stamp rules provided that for the purposes of the payment of stamp duty, the minimum market value of immovable property forming the subject ..... was presented for registration, registration was postponed because no map was attached to the sale deed. in the meantime, a complaint was addressed to the additional collector (finance and revenue) stating that the valuation of the plot together with structure standing thereon would not be less than rs.13 lacs and that there was a willful attempt ..... the case has been disposed of stands concluded by the decision of the supreme court in banarsi das ahluwalia vs. the chief controlling revenue authority, delhi ((1968) 1 scr 685 = air 1968 sc 497). in that case, a deed of trust was submitted to the sub-registrar for registration, where it came to be impounded and forwarded .....
Tag this Judgment!Court : Allahabad
..... . 11. previously, only instructions were issued by cbdt under section 119 of the act and, in order to give it a legislative measure, a new section 268a was inserted by the finance act, 2008 with retrospective effect from 1st april, 1999 in the income tax act, 1961. for ready reference, the said provision is extracted hereunder:--- "filing of ..... monetary limits as it may deem fit, for the purpose of regulating filing of appeal or application for reference by any income-tax authority under the provisions of this chapter. (2) where, in pursuance of the orders, instructions or directions issued under sub-section (1), an income-tax authority has not filed any appeal or ..... monetary limits as it may deem fit, for the purpose of regulating filing of appeal or application for reference by any income tax authority under the provisions of chapter xx. it is further proposed to provide that where, in pursuance of the orders, instructions or directions issued under sub-section (1), an income tax authority .....
Tag this Judgment!Court : Allahabad
..... heading c of chapter vi-a are restricted to the profits of the business of the undertaking/enterprise. 14 ..... when they were entitled to deductions under more than one section under heading c of chapter vi-a. with a view to prevent the taxpayer taking undue advantage of the existing provisions of the act, section 80-ia was amended by the finance (no.2) act, 1998, so that the deductions allowed under section 80-ia and various sections under ..... passed by the assessing officer accepting the same as such will be erroneous and prejudicial to the interests of the revenue. rampyari devi saraogi v. commissioner of income-tax [1968] 67 itr 84 and in smt. tara devi aggarwal v. commissioner of income-tax, west bengal (1973) 88 itr 323" 9. from the aforesaid, the assessment .....
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