Judgment Search Results Home > Cases Phrase: finance act 1968 section 2 income tax Sorted by: recent Court: himachal pradesh Page 3 of about 504 results (0.086 seconds)

Om Dutt Vs. State of H.P. and ors.

Court : Himachal Pradesh

..... or in connection with the management of the kutlehar forests immediately before the appointed day and has become an employee of the government under sub-section (1) of section 8 of the act.6. it appears ex-superintendent of kutlehar forests did not formally deliver all lands / buildings/ trees / other documents/ properties and fixed ..... (forests), government of himachal pradesh, authorized the divisional forest officer, una to enter upon the land and premises vested in the state government under section 4 of the act and to take over the possession of lands / buildings/ trees and all other documents / properties relating to kutlehar forests from the superintendent of kutlehar ..... kutlehar forests were regularized w.e.f. 7.2.1996 in accordance with the decision / guidelines issued by the committee comprising of f.c.-cum- secretary (finance), commissioner-cum-secretary (personnel) and commissioner-cum-secretary (forests) to the government of h.p. the petitioner on the basis of his date of birth .....

Ram Bahadur Vs. State of H.P.

Court : Himachal Pradesh

..... what was the percentage of tetrahydrocannabinol in the samples. specific category of a cannabis product, like charas, ganja, or mixture, as defined in section 2(iii) of the act, or anything else, like bhang etc., can also be determined, with reference to the percentage of tetrahydrocannabinol in the stuff. as noticed hereinabove, ..... no. s.o. 527(e), dated 16th july, 1996, under clauses vii(a) and xxiii(a) of section 2 of the act. for charas and hashish, which are referred to as extracts and tinctures ..... is an offence, punishable under section 20 of the act. punishment varies according to the quantity possessed. quantities are defined as small and commercial in sections 2(viia) and 2(xxiiia), respectively. small and commercial quantities of charas, ganja and mixture are different, per table notified by the ministry of finance, department of revenue, vide notification .....

H.P. Tourism Development Corporation Ltd. Vs. Commissioner of Income T ...

Court : Himachal Pradesh

..... welfare fund right upto 1st april, 2004, and who pays the contribution after 1st april, 2004, would get the benefit of deduction under section 43-b of the act. in our view, therefore, finance act, 2003, to the extent indicated above, should be read as retrospective. it would, therefore, operate from 1st april, 1988, when the ..... held as follows:we find no merit in these civil appeals filed by the department for the following reasons: firstly, as stated above, section 43-b [main section], which stood inserted by finance act, 1983, with effect from 1st april, 1984, expressly commences with a non-obstante clause, the underlying object being to disallow deductions claimed ..... on the same?2. the main question which arises for determination in this appeal is whether omission [deletion] of the second proviso to section 43-b of the income tax act, 1961, by the finance act, 2003, operates with effect from 1st april, 2004, or whether it operated retrospectively with effect from 1st april, 1988? 3. .....

Sunil and ors. Vs. State

Court : Himachal Pradesh

..... what was the percentage of tetrahydrocannabinol in the samples. specific category of a cannabis product, like charas, ganja, or mixture, as defined in section 2(iii) of the act, or anything else, like bhang etc., can also be determined, with reference to the percentage of tetrahydrocannabinol in the stuff. as noticed hereinabove, ..... no. s.o. 527(e), dated 16th july, 1996, under clauses vii(a) and xxiii(a) of section 2 of the act. for charas and hashish, which are referred to as extracts and tinctures ..... is an offence, punishable under section 20 of the act. punishment varies according to the quantity possessed. quantities are defined as small and commercial in sections 2(viia) and 2(xxiiia), respectively. small and commercial quantities of charas, ganja and mixture are different, per table notified by the ministry of finance, department of revenue, vide notification .....

Janak Raj Bansal Vs. Commissioner of Income Tax

Court : Himachal Pradesh

Reported in : (2010)228CTR(HP)167

..... the amendment made in section 80-ia by the finance act, 1999 w.e.f. 1st april, 2000, section 80-ia was split into two parts and now section 80-ia applies to undertakings and enterprises engaged in infrastructure development and section 80-ib applies to other eligible business. the provisions of section 80-ib are peri materia with section 80-ia as ..... portion of the judgment reads as follows:the limited question for our consideration is whether the amount of transport subsidy is a profit for the purpose of deduction under section 80hh of the it act. as referred to above, their lordships in their latest decision in the case of cit v. sterling foods : (1999) 153 ctr (sc) 439 : (1999 ..... ltd. v. cit : 1978 ctr (sc) 50 : (1978) 113 itr 84 (sc). in that case the apex court was dealing with the provisions of section 80e of the act prior to its amendment in 1967. the assessee was carrying on the business of generation and distribution of electricity. it sold out some of its machinery and building. the .....

Commissioner of Income Tax Vs. Gulshan Electric Store and Malhotra Jew ...

Court : Himachal Pradesh

..... net profit as shown in the profit and loss account computed in the manner laid down in chapter iv-d. chapter iv-d of the income tax act contains section 28 to 44. these sections relate to the profits and gains of business or profession; income from profit and gains of business or profession; income from rents; depreciation etc. the ..... this amount of rs. 15,20,000/- could not be treated the book profits of the firm and should be treated as undisclosed income in terms of section 69a of the act which reads as follows:unexplained money, etc.69a. where in any financial year the assessee is found to be the owner of any money, bullion, jewellery ..... dated march 27, 2000, issued by the central board of direct taxes, which reads as under:instruction no. 1979f. no. 279/126/98-itgovernment of india,ministry of finance (department of revenue),central board of direct taxes,new delhi, dated the 27th march, 2000.toall chief commissioners of income-tax/directors general of income-tax.sir,subject: revising .....

Commissioner of Income Tax Vs. Kiran Enterprises

Court : Himachal Pradesh

Reported in : (2010)228CTR(HP)101

..... after the amendment made in section 80-1a by the finance act, 1999 w.e.f. 1.4.2000, section 80-1a was split into two parts and now section 80-1a applies to undertakings and enterprises engaged in infrastructure development and section 80-1b applies to other eligible business. the provisions of section 80-1b are paramateria with section 80-1a as they ..... ltd. v. commissioner of income-tax, gujarat-ii : (1978) 113 itr 84. in that case the apex court was dealing with the provisions of section 80-e of the act prior to its amendment in 1967. the assessee was carrying on the business of generation and distribution of electricity. it sold out some of its machinery and building ..... . : (1998) 233 itr 497, a division bench of the madras high court dealt with the question as to the gains eligible for deduction under section 80hh of the income tax act. in that case the assessee was required to make a deposit before the electricity board before power supply was given to it. the assessee earned interest on .....

Commissioner of Income-tax Vs. Dinesh Kumar

Court : Himachal Pradesh

..... from the government by the assessee is to be included in the profits derived from the business of the industrial undertaking and eligible for deduction under section 80-ia of the income-tax act, 1961 when it has been clearly laid down by the supreme court in its decision in the case of cit v. cambay electric supply industrial ..... , 2000, issued by the central board of direct taxes, which reads as under:instruction no. 1979 f. no. 279/126/98-it government of india,ministry of finance (department of revenue),central board of direct taxes,new delhi, dated the 27th march, 2000.toall chief commissioners of income-tax/directors general of income-tax.sir,subject: revising ..... was inseparably connected with the business and not whether it was income derived from the business of the industrial undertaking and eligible for deduction under section 80hh/80ia/80ib of the income tax act, 1961.3. whether on the facts and in the circumstances of the case, the itat was right in not appreciating the ratio of .....

Siri Ganesh Rice and General Mills Vs. State of H.P and ors.

Court : Himachal Pradesh

..... reads as follows:(1) in exercise of the powers conferred by sub-section(1) of section 42 of the himachal pradesh general sales tax act, 1968 (act no. 24 of 1968) the government of himachal pradesh is pleased to direct that no tax shall be levied under section 6 of the aforesaid act, on the sale of goods [other than those manufactured by breweries, ..... raised in this petition is whether the petitioner falls in the category of units which are entitled to full exemption or concessional exemption. admittedly the petitioner is not fully financed by the hpkvib or kbiv. it has only been provided margin money under the scheme. therefore, it does not fall in the first part of the clause ..... dated 23rd july, 1999 shall be read in a manner indicated here-in above. as far as the prayer of the petitioner that it be declared a full financed unit of the khadi board is concerned, the same is rejected. whether the petitioner is entitled to concessional rates is a matter to be decided by the assessing .....

Amarjyoti Soap Mills Pvt. Ltd. Vs. State of H.P and ors.

Court : Himachal Pradesh

..... same reads as follows:(1) in exervcise of the powers conferred by sub-section(1) of section 42 of the himachal pradesh general sales tax act, 1968 (act no. 24 of 1968) the government of himachal pradesh is pleased to direct that no tax shall be levied under section 6 of the aforesaid act, on the sale of goods [other than those manufactured by breweries, distilleries, ..... policy clearly shows that it was held out to the investors that if a village industry/tiny unit with a fixed capital investment upto rs. 10 lacs is financed wholly by the hpkvib/kvic then the unit is entitled to total exemption of sales tax for a period of eight years if the unit is located in industrially ..... are concerned with clause 7.1.1 which reads as follows:7.1.1 village industries/tiny units: new industries with fixed capital investment upto rs. 10 lakhs and financed wholly by hpkvib/kvic shall b exempted from payment of sales tax for a period of 8 years in industrially backward areas and in priority sector, and for a .....