Judgment Search Results Home > Cases Phrase: finance act 1968 Court: kerala Page 96 of about 8,755 results (0.094 seconds)

Kerala State Industrial Development Corporation Ltd. Vs. Commissioner ...

Court : Kerala

Reported in : [2000]246ITR330(Ker)

..... the liability is certain and what remains is only a quantification of the amount : debitum in praesenti, solvendum in future (see cit v. shri goverdhan ltd. : [1968]69itr675(sc) . the postponement of the date of payment does not affect the accrual of the income. the fact that the amount of income is not subsequently received ..... accordingly, on the basis of the accounts produced, taxable income was worked out and tax was levied. according to the assessing officer, section 5 of the interest act made the position clear so far as chargeability of interest income is concerned on accrual basis and, therefore, income was to be assessed accordingly. the matter was carried ..... reference has its foundation in sections 5 and 21 of the interest-tax act, 1974 (in short 'the interest act'), in the background of section 145 of the act. the assessee is, a corporation controlled by the state government. its main object is to aid and finance industrial projects. a return for the year 1993-94 was filed on .....

Duroflex Ltd. Vs. Johnny Mathew

Court : Kerala

Reported in : (2008)2CompLJ314(Ker); [2007]75SCL569(Ker)

..... .1. an application (appeal) was filed by the first respondent before the company law board, south region bench under section 111(2) of the companies act (for short 'the act') as the company refused to register the transaction of 67,300 shares inherited by him from his deceased mother by virtue of a will dated 21-12- ..... to such conditions and limitations stipulated by the very provisions of law under which the competent authority itself has been created....therefore, the competent authority constituted under that act was mere statutory authority constituted and consideringits powers, it. was held that it cannot be treated as a 'court'. in sakuru v. tanaji : 1985(22) ..... the essential tests of a judicial pronouncement.here, the clb is vested with judicial and curative powers, while deciding of applications under section 111 of the companies act. apart from the trappings of the court, it has got power to take decision or a power which has got essential tests of finality and authoritativeness .....

Kerala Vyapari Vyavasayi Vs. Kerala Vyapari Vyavasayi Ekopana Samithi

Court : Kerala

Reported in : 2004(1)KLT756

..... it cannot exercise jurisdiction merely because it is also a matter which relates to a company.'24. from the discussions made above the following positions emerge: the act has created new rights and liabilities as far as societies registered thereunder are concerned. section 25 provides a specific forum for granting the reliefs enumerated in clause ..... 22. it was held in r. prakasam v. sree naryana dharma paripalana yogam ((1980) 50 comp. cases 611) that except in cases where the companies act, 1956, confers jurisdiction on the company court or some other authority like the central government or the company law board, either expressly or by implication, all other ..... . sugunapalan appearing for the 1st respondent submitted that the reliefs prayed for in the suit are outside the purview and ambit of section 25 of the act and therefore the contentions of the petitioners, if accepted, would bring about arbitrary and inequitable results thereby leaving the aggrieved persons without any remedy at all .....

Kamath Marbles Vs. Income Tax Officer

Court : Kerala

Reported in : (2003)182CTR(Ker)319; 2003(1)KLT760

..... 40a(3) in attar singh gurmukh singh's case referred above. of course the supreme court was dealing with section 40a(3) prior to its amendment vide finance act, 1996 wherein the provision was for complete disallowance of expenditure if the same was in excess of the limit provided then under section 40a(3) which was ..... draft above rs. 20,000-00 and therefore disallowance of 20% of the same is arbitrary. their contention is that even without any proposal in the finance bill, 1996 the minister on the basis of the representations from various trade organisations increased the limits of expenditure through cash other than through cheque or demand ..... account payee cheques or drafts except in the justifiable circumstances provided under rule 6dd and the section itself, invites disallowance of 20% thereof. the income tax act contains various restrictions and conditions for deductions and allowances which have been upheld by several high courts and the supreme court on various occasions. the decision of .....

Cit Vs. Mahavir Plantations (P) Ltd.

Court : Kerala

Reported in : (2002)178CTR(Ker)158

..... in law relating to the liability to additional surcharge. if really additional surcharge was chargeable according to the finance act even in case the said sum of rs. 19 represented business income, the high court cannot be called upon to act on the assumption that it is not so chargeable and answer the question stated. such a course would ..... the income tax officer disallowed a part of the provision for bonus amounting to rs. 6,83,850 being the excess of the maximum bonus payable under the bonus act. the income tax officer has also disallowed certain cash payments made during the year by way of bonus for the assessment years 1979-80. the tribunal held that ..... guarantee commission as revenue expenditure, (6) deduction under section 37 of bonus paid in excess of the limit specified in section 36(1)(ii) of the income tax act, and (7) deduction under section 37 of the commission paid to tara agencies and bhansali brothers.2. first question is regarding the weighted deduction under section 35b of .....

M/s. Karimpanal Arcade Owner's Welfare Association represented by its ...

Court : Kerala

..... measures, which required immediate and prompt response. therefore, the parliament in its wisdom have brought one platform to streamline the activities relating to disasters by enacting the dm act. it provides an institutional answer to the issue. it provides multilevel approach to cope-up with the disaster management. it also provides institutional mechanism from national level ..... the excise minister of the state. it is to be noted that the ministers are not made parties in this writ petition. it is also to be noted that actions are now been initiated based on the district plan prepared under section 31 of the dm act. the plan was prepared ..... the land conservancy act as the case may be. common issue is answered accordingly. 18. the other issues raised are based on the challenge made in w.p.(c).no.26377/2015. 18.i. mala fides the petitioner's allegation of mala fides is based on the complaint raised by him against the present finance minister and .....

The Federal Bank Ltd. Vs. Regional Transport officer

Court : Kerala

..... sts a.k.jayasankaran nambiar, j.------------------------------- w.p.(c).no.23947 of2014----------------------------------- dated this the 15th day of january, 2015 judgment the petitioner bank, which had financed the 2nd respondent through a car loan extended to him, resorted to sarfaesi proceedings against the secured asset when the 2nd respondent defaulted on the loan. accordingly ..... illegal.4. i must now consider the contention of counsel for the petitioner with regard to the inaction on the part of the 1st respondent to act on ext.p5 application submitted by him before the said respondent. the 1st respondent being a statutory authority has necessarily to consider and pass orders ..... copy of the letter dated1605.2012 issued by the bank to the first respondent. exhibit-p6: copy of the application dated0406.2013 submitted under right to information act by the petitioner. exhibit-p7: copy of the reply dated0207.2013 sent by the1t respondent to ext.p6. exhibit-p8: copy of the letter dated1908. .....

The Federal Bank Ltd. Vs. Regional Transport officer

Court : Kerala

..... sts a.k.jayasankaran nambiar, j.------------------------------- w.p.(c).no.23947 of2014----------------------------------- dated this the 15th day of january, 2015 judgment the petitioner bank, which had financed the 2nd respondent through a car loan extended to him, resorted to sarfaesi proceedings against the secured asset when the 2nd respondent defaulted on the loan. accordingly ..... illegal.4. i must now consider the contention of counsel for the petitioner with regard to the inaction on the part of the 1st respondent to act on ext.p5 application submitted by him before the said respondent. the 1st respondent being a statutory authority has necessarily to consider and pass orders ..... copy of the letter dated1605.2012 issued by the bank to the first respondent. exhibit-p6: copy of the application dated0406.2013 submitted under right to information act by the petitioner. exhibit-p7: copy of the reply dated0207.2013 sent by the1t respondent to ext.p6. exhibit-p8: copy of the letter dated1908. .....

The Federal Bank Ltd. Vs. Regional Transport officer

Court : Kerala

..... sts a.k.jayasankaran nambiar, j.------------------------------- w.p.(c).no.23947 of2014----------------------------------- dated this the 15th day of january, 2015 judgment the petitioner bank, which had financed the 2nd respondent through a car loan extended to him, resorted to sarfaesi proceedings against the secured asset when the 2nd respondent defaulted on the loan. accordingly ..... illegal.4. i must now consider the contention of counsel for the petitioner with regard to the inaction on the part of the 1st respondent to act on ext.p5 application submitted by him before the said respondent. the 1st respondent being a statutory authority has necessarily to consider and pass orders ..... copy of the letter dated1605.2012 issued by the bank to the first respondent. exhibit-p6: copy of the application dated0406.2013 submitted under right to information act by the petitioner. exhibit-p7: copy of the reply dated0207.2013 sent by the1t respondent to ext.p6. exhibit-p8: copy of the letter dated1908. .....

The Federal Bank Ltd. Vs. Regional Transport officer

Court : Kerala

..... sts a.k.jayasankaran nambiar, j.------------------------------- w.p.(c).no.23947 of2014----------------------------------- dated this the 15th day of january, 2015 judgment the petitioner bank, which had financed the 2nd respondent through a car loan extended to him, resorted to sarfaesi proceedings against the secured asset when the 2nd respondent defaulted on the loan. accordingly ..... illegal.4. i must now consider the contention of counsel for the petitioner with regard to the inaction on the part of the 1st respondent to act on ext.p5 application submitted by him before the said respondent. the 1st respondent being a statutory authority has necessarily to consider and pass orders ..... copy of the letter dated1605.2012 issued by the bank to the first respondent. exhibit-p6: copy of the application dated0406.2013 submitted under right to information act by the petitioner. exhibit-p7: copy of the reply dated0207.2013 sent by the1t respondent to ext.p6. exhibit-p8: copy of the letter dated1908. .....