Judgment Search Results Home > Cases Phrase: finance act 1968 section 2 income tax Court: karnataka Page 96 of about 16,996 results (0.135 seconds)

Nirmala Bagodi Vs. The State of Karnataka

Court : Karnataka

..... as the word defined is said to mean a certain thing, it is possible for the word to have some what different meaning in different sections of the act depending upon the subject or context. that is why all definitions in statutes generally begin with the qualifying words `unless there is anything repugnant to ..... statute and in particular for ascertaining the purpose thereof, the entire act has to be read as a whole and then chapter by chapter, section by section and word by word. {see reserve bank of india, v. peerless general finance and investment co. ltd, [ (1987) 1 scc424]. ; peerless general finance and investment co. ltd. v. reserve bank of india, ..... [ (1992) 2 scc343]. and national insurance co. ltd. v. swaran singh. 100. thus, in a case where interpretation of a section vis-`-vis the scheme of the act, the purport and object of .....

Sri Anil Kumar B H Vs. The Lokayukta Police

Court : Karnataka

..... offences punishable under the penal code, the high court was absolutely right in setting aside the order of the special judge. unlike section 19 of the pc act, the protection under section 197 crpc is available to the public servant concerned even after retirement. therefore, if the matter was considered by the sanctioning authority ..... background. vppl was granted credit facility in order to match the price of hpc creamwove. the decision was taken by the managing director and the director (finance) in view of quantity of purchase to overcome competition. the said decision is claimed to have been taken in the interest of the company. the ..... presently working as principal secretary minorities development department vikasa soudha bengaluru - 560 001.2. sri tankasali s.h., s/o late hemadreppa aged about52years ex. general manager (finance) mysore paper mills r/o536 sri gurukrupa residency2d main, 3rd block, rmv2d stage bengaluru - 560 094.3. sri lokesh m.r., s/o marisugunaiah aged about60years .....

Patel Engineering Limited Vs. The State Of Karnataka

Court : Karnataka

..... patel, deputy commissioner of income- tax cc25 ayakharbhavan m.k. road, mumbai. and its ita no.3071 and 3072/2015 mumbai for the offence punishable under section 135 (c) of it act. vi. commercial appeal no.60 of 2024 in high court of karnataka. 15 vii. income tax appellate tribunal has registered the case against rupen patel under ita ..... guarantee towards the finance availed of by the other parties to the jda. based on the representations of all the parties, the company agreed to give a corporate guarantee. the corporate ..... , jigani hobli, anekal taluk, bengaluru ( townsville property ).4. on 21-11-2017 the company and gulam mustafa infinite dwelling (india) private limited ( gm infinite ) took finance assistance from state bank of india for sanction of loan facility. the company which was the legal owner of the land was insisted by the bank to give a corporate .....

M/S. Hanuman Silks and Etc. Vs. Karnataka Industrial Areas Development ...

Court : Karnataka

Reported in : AIR1997Kant134; ILR1996KAR3384; 1996(7)KarLJ277

..... cannot be supported in law. the vital distinction will have to be borne in mind as to the source of power and the exercise of the power. section 14 of the act is the source of power for a statutory corporation, without which power, the exercise of such power would itself be ultra vires. on the contrary, when ..... apparently did not pursue the matter thereafter. they, however, claim to have sent a letter dated 13-9-1995 stating that they were making arrangements for necessary finance for speedy construction and implementation of the project and that they were making arrangements for water from a nearby borewell; and that they were agreeable to pay the difference ..... co. ltd. v. naresh narayan roy reported in air 1924 pc 144, cited with approval by the supreme court in lallu yeshwant singh v. rap jagdish singh reported in air 1968 sc 620; k. k. verma v. union of india, reported in : air1954bom358 ; patil distributors (p) ltd. v. corporation of the city of bangalore reported in : air1986kant194 .....

Commissioner of Income Tax Vs. Wipro Finance Ltd.

Court : Karnataka

Reported in : (2008)218CTR(Kar)105; [2009]176TAXMAN233(Kar)

..... to the same previous years which fell within the block period, the tribunal has referred to in its impugned orders the provisions of section 158ba of the act including expln. (c) to sub-section (2) of section 158ba. the said provisions read as under:158ba. assessment of undisclosed income as a result of search- (1) notwithstanding anything contained ..... ground that it was revenue expenditure and not capital expenditure inasmuch as the said loan in foreign currency was availed by the assesses for the purpose of financing the purchase of various assets for the purpose of leasing the same as part of its business. since the assessing authority negatived this contention of the ..... has been that of hire purchase, leasing of assets and inter-corporate deposits etc. the said loan in foreign currency was availed by the assesses for financing the purchase of the assets for the purpose of leasing as part of its business and therefore, the said amount of increased liability incurred by the assesses .....

itc Limited Vs. State of Karnataka and ors.

Court : Karnataka

Reported in : AIR2005Kant330; 2005(4)KarLJ359

..... and the common cause made by all these petitioners is with regard to the liability for payment of any market fee under the provisions of the act, particularly under section 65 of the act in respect of the activities of stocking of the notified agricultural produce and processing of such produces within the market area. insofar as this aspect ..... different players in such activities, which is being led on the participation by the growers, the overall supervision by the marketing board on the aspects of finance and other regulatory provisions of the market committee and to achieve a sustained growth in the development of its markets.32. the salient provisions are noted in ..... scheme of levy of market fee on the activity of buying of agricultural produce in the market area is another salient aspect of this legislation. the finance aspects for such sustained activities such as providing for markets, developing the markets, providing such facilities to the market functionaries are all sought to be .....

The Corporation of the City of Bangalore Vs. D. Lingappa and Others

Court : Karnataka

Reported in : 1999(4)KarLJ367

..... being the post of assistant engineer. the cadre of assistant engineer was re-designated as assistant executive engineers. on the same lines, the standing committee for taxation and finance of the corporation passed resolution no. 561 dated 12-2-1978 redesignating the post of 'assistant engineer' as 'assistant executive engineer' and the post of 'junior ..... phenomenon for fixing hierarchy in services. it is a valid basis of classification as held by this court in state of mysore v p. narasinga rao, (1968)1 scr 407. engineering services throughout the country, normally, maintain distinction between junior and assistant engineer on diplomaand degree. it existed in the state ot karnataka ..... which was sent for approval of the government vide annexure-d. it is submitted that at the time of the approval by the government vide notification no. hma/270/mnu/77, bangalore dated 19-12-1977, the post of assistant engineers which were required to be filled 75% by deputation was amended providing that .....

Kgsd Canteen Employees Welfare Association, Bangalore and Others Vs. S ...

Court : Karnataka

Reported in : 2000(5)KarLJ296

..... is pervasive control of the government not only in the day-to-day administration but also overall control in all aspects of the matter including purchase, administration, finance etc. the disciplinary action is also being exercised by the government. when there is such a pervasive control can it be said that the government is not ..... other social security and welfare 'programmers - 4 - other programmers-c. welfare of government employees'. it is stated that the said order is issued with the concurrence of the finance department.annexure-b2 is the proceedings of the meeting held on 24-7-1974. it is seen that the joint secretary gad, ds gad (sr), ds gad (administration), ..... salaries of the two officials are met wholly by the government.annexure-c1 is an order issued by the government constituting a committee with the deputy secretary, hma department as chairman along with other members. there are as many as ten members in the committee. from out of 10 members five are representatives of the .....

Mr Mudit Saxena Vs. Union Of India

Court : Karnataka

..... all, what pnbhfl has to follow is the instructions issued by the national housing bank since they have statutory force, under section 14 (k) of the 1987 act, which enables providing guidelines to the housing financing institutions to ensure their growth on sound lines. (d) the contention of learned advanced on behalf of pnbhfl that clause (h ..... private law by any public law standard. thus, the loan transactions of the kind are animated by abundant elements of public law. the provisions of section 14 of the 1987 act lend credence to this view, its clause (ba) being texted as under: making of loans and advances for housing or residential township-cum-housing ..... despite withdrawal from the project, they did not get their monies back from the developer and therefore had complained to the rera under section 31 of the real estate (regulation and development) act, 2016. obviously pnbhfl was not a party to these proceedings. the rera directed the developer to return the own contribution amount to .....

Karnataka Power Transmission Corporation Vs. M/s Shamanur Sugars Limit ...

Court : Karnataka

..... by exercising its statutory powers?. 15.1. sldc or the state load dispatch centre is defined under sub-section (66) of section 2 of act of 2003 to be the centre established under sub-section (1) of section 31. section 31 has been reproduced hereinabove. in terms thereof, it is mandatory for the state government to establish a ..... of the 1998 act is an expert body and the determination of tariff which has to be made by the commission involves a very highly technical procedure, requiring working knowledge of law, engineering, finance, commerce, economics and management. a perusal of the report of asci as well as that of the commission abundantly proves this ..... of the 1998 act is an expert body and the determination of tariff which has to be made by the commission involves a very highly technical procedure, requiring working knowledge of law, engineering, finance, commerce, economics and management, it would be more appropriate and effective if a statutory appeal is provided to a similar .....