Judgment Search Results Home > Cases Phrase: finance act 1968 Sorted by: recent Year: 1976 Page 5 of about 1,628 results (0.229 seconds)

Sen-Raleigh Ltd. Vs. Employees' State Insurance Corporation and Ors.

Court : Kolkata

Reported in : AIR1977Cal165,[1977(34)FLR292]

..... the term 'employee' laid down in section 2 (9) of the e. s. i. (amendment) act, 1968 the employees of your head office situated at mercantile building, calcutta-1, are also now covered within the meaning of section 2 (9) of the ..... all factories throughout india irrespective of location. the headings of these chapters respectively are (a) preliminary, (b) corporation, standing committee, and medical benefit council (c) finance and audit and (d) miscellaneous. sections 44 and 45 (employers to furnish returns etc; inspectors their functions and duties) were brought into force in all part 'a ..... into force on 28 january, 1966. by this amendment an exhaustive definition was prescribed for the word 'employee',8. after the amendment came into force on the 29th may, 1968, the regional director, calcutta, wrote to messrs. sen-raleigh and co. ltd., kannyapur, post office asansol, burdwan, inter alia, as follows:--'that as per definition of .....

Union of India (Uoi) and ors. Vs. Majji Jangamayya and ors.

Court : Supreme Court of India

Reported in : AIR1977SC757; (1977)1SCC606; [1977]2SCR28; 1977(1)SLJ90(SC)

..... rules executive orders or administrative instructions may be made. (see commissioner of income tax gujarat v. a. raman & co. : [1968]67itr11(sc) .32. the letter dated 16 january, 1950 written by an under secretary in the ministry of finance does not prove that the requirement of 10 years' experience for promotion to the post of assistant commissioner was a rule ..... government contained in the letter dated 16 january, 1950 was made by the government of india in exercise of executive powers under section 8 of the government of india act 1935 read with item 8 of list i of the seventh schedule. this order which had the backing of law was an existing law within the meaning of clause ..... 1960.13. the third contention of the respondents is that rule 18 has the force of law. it is said that under section 241 of the government of india act 1935 the government was empowered to make rules. pursuant to that power the government of india made the rule. the letters dated 16 january 1950 and 21 july 1950 .....

Additional Commissioner of Income-tax Vs. Smt. Vimla Mali

Court : Allahabad

Reported in : [1977]109ITR555(All)

..... of her husband was. not due to any fraud or any gross or wilful neglect. in such a situation even if the explanation to section 271(1) inserted by the finance act,' 1964, should be applied, the respondent should be held to, have discharged theburden placed by the explanation. hence, sri sharma is right in our opinion that the question ..... 4. in reply to the objection raised by sri sharma, the learned standing counsel appearing for the revenue submitted that under the explanation to section 271 inserted by the finance act, 1964, when the total income returned by a person is less than 80 per cent. of the total income as assessed, the burden is on such person to ..... tribunal that there was no concealment of income, by the respondent and hence the answer to the question whether the explanation to section 271(1)(c) inserted by the finance act, 1964, does or does not apply to the present case, will have no effect upon the ultimate decision as to whether penalty should be levied on the respondent for .....

Commissioner of Income-tax Vs. Grewal Group of Industries

Court : Punjab and Haryana

Reported in : [1977]110ITR278(P& H)

..... 40 and 40a deal particularly with deductions which may not be allowed. section 40a was introduced into the income-tax act with effect from april 1, 1968, by way of amendment, by the finance act of 1968. section 40a(1) is significant and it enacts that the provisions of this section shall have effect notwithstanding anything to ..... the contrary contained in any other provision of the act relating to the computation of income under the head 'profits and gains ..... clear parliamentary intention. that is not permissible. in state of tamil nadu v. kandaswami : [1976]1scr38 , construing section 7a of the madras general sales tax act, the supreme court observed : 'its main object is to plug leakage and prevent evasion of tax. in interpreting such a provision, a construction which would defeat its .....

K.N.E. Jaganatha Iyer Vs. State of Madras Represented by Special Secre ...

Court : Chennai

Reported in : (1978)1MLJ19

..... behalf of the petitioner it follows that the expression 'for the company' as used in sections 5-a, 6, 7 and 30 of the act has a special meaning, that is, that it must be financed wholly by the company concerned and not by the government to any extent whatever. the expression 'company requiring the land' occurring in sub-rule ..... at the hearing in view of the definition of the expression 'company' clearly stating that it would include a registered society within the meaning of the co-operative societies act, 1912, or any other law relating to co-operative societies for the time being in force in any state. that the society is a society so registered is ..... (b) above extracted must, in my opinion, be interpreted in the light of the meaning of the expression 'for the company' in the act. thus interpreted, the sub-rule .....

Sankalchand Himatlal Sheth Vs. Union of India (Uoi) and anr.

Court : Gujarat

Reported in : (1976)17GLR1017

..... .d. agarwal : [1969]3scr108 the legal position is well-settled. after approving the house of lords decision in padfield v. minister of agriculture fisheries and food (1968) 1 all e.r. 604 that no discretion would be unfettered in such public regulations, their lordships held that-there is no such thing as absolute and untrammeled ..... judicial approach.51. even in the decision in jagdish pandey v. chancellor, bihar university : [1968]1scr231 the question had arisen as to the true interpretation of section 4 of the university of bihar, bhagalpur and ranchi (amendment) act, 1962 under which the chancellor was said to have been conferred unanalyzed powers without indicating any criterion ..... and was acted upon, must originate in a contract so as to attract the application of the doctrine of promissory estoppel or equitable estoppel. there is considerable force in this submission, because the facts in union of india v. anglo afghan agencies a.i.r. 1968 s.c. 718 clearly support this submission. in .....

Paresh Chandra Kar and ors. Vs. the Bakijai Officer and ors.

Court : Guwahati

..... , (4) ramendra narayan kar.3. this partnership firm carried on business and it was registered under section 5 as a dealer under the assam finance (sales tax) act, 1956, hereinafter referred to as the 'act' on 14th april, 1964. suresh chandra kar and paresh chandra kar retired from the firm kar brothers and intimated this fact to the superintendent of ..... writ petition.8. it may be observed here that the taxes due are for the periods ending 31st march, 1965, 30th september, 1966, 30th september, 1967, 31st march, 1968, 30th september, 1968 and 31st march, 1969 and the amount of tax demanded is rs. 20,050.51.9. mr. b. k. das, the learned counsel appearing for the petitioners, ..... submission, it is necessary to examine how a partner may retire from a partnership firm and since when the retirement takes effect.11. section 32 of the indian partnership act, 1932, deals with retirement of a partner and it reads as follows :32. retirement of a partner.-(1) a partner may retire-(a) with the consent of .....

Khetri Tamba Shramik Sangh Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Reported in : 1976WLN708

..... different position from the state and that the existence of share holders, of capital raided by the issuance of shares, the lack pf connection between the finances of the corporation and the consolidated fund of the, union, pointed to the independent existence of the corporation.9. the matter has been completely set ..... whatsoever was made so far as the constitution or the incorporation of the company under the companies act, 1956 are concerned. even after the properties, rights liabilities and obligations of the indian copper corporation ltd., after their being acquired and vested in the ..... the properties, assets, liabilities and obligations of the indian copper corporation ltd were acquired by the central government by virtue of the provisions of the 1972 act, and after such acquisition the central government parted with such rights, liabilities, obligations and properties and conferred them upon the hindustan capper ltd, no change .....

K. Saraswathi (Alias) K. Kalpana Vs. P.S.S. Somasundaram Chettiar

Court : Chennai

Reported in : (1977)2MLJ68

..... with the appellant, who was a young woman and became friendly with her, that intimacy grew between them, that in 1966 the respondent was in need of some finance on account of general adverse trade conditions and depression in the textile industry, but he did not ask for any loan from the appellant, that she herself volunteered to ..... to deposit the entire balance under the suit agreement, namely, rs. 3,50,000 with interest at 11 per cent. (eleven per cent.) per annum from 1st january, 1968, the contract being one which should have been performed by 31st december, 1967 the extended date mentioned in exhibit p-1(a): upto the date of deposit which should ..... subordinate judge extended the time accordingly. to revise that order a revision petition was filed before this court. jackson, j., held that:in suits under specific relief act where the decree has named as here a time within which payment should be made the court can extend that periodand relied for this conclusion on the decision of this .....

Additional Commissioner of Income-tax Vs. Gordon Woodroffe and Co. (Ma ...

Court : Chennai

Reported in : [1977]110ITR880(Mad)

..... as profits arising from the export of hides and skins and consequently the assessee is entitled to the benefit of the rebate under section 2(5)(i) of the finance act, 1963. against the order of the appellate assistant commissioner, the department took up the matter in appeal to the tribunal. on behalf of the revenue it was contended ..... not made on its own account and the assessee had not directly shipped the goods. on appeal, the appellate assistant commissioner held that the relevant provisions of the finance act did not require the assessee to export goods in its own name to earn the benefit and since the assessee played a substantial role in bringing about the export ..... in the export of hides and skins for the assessment years 1963-64 to 1966-67 are export profits entitled for the rebate under the relevant provisions of the finance act '2. as the question itself implies, the reference relates to the assessmentyears 1963-64 to 1966-67 and the question raised is a common one. the assessee .....