Judgment Search Results Home > Cases Phrase: finance act 1970 chapter i preliminary Court: supreme court of india Page 1 of about 1,182 results (0.220 seconds)

Agricultural Produce Market Committee, Narela, Delhi Vs. Commissioner ...

Court : Supreme Court of India

Reported in : (2008)218CTR(SC)433; [2008]305ITR1(SC); JT2008(10)SC17; 2008(11)SCALE540; (2008)9SCC434; 2008AIRSCW6285; 2008(6)Supreme520; 2008(11)SCALE540

..... exemption from income tax under section 10(20) of the 1961 act prior to its amendment by finance act, 2002 w.e.f. 1.4.03.10. prior to the amendment by finance act, 2002, section 10(20) of the income-tax act, 1961 provided as under:chapter iiiincome which do not form part of total incomeincomes not included ..... judgment of this court in the case of r.c. jain (supra) was misplaced.18. learned counsel further submitted that the explanation/definition clause inserted by finance act, 2002 is exhaustive as it uses the expression 'means' as contradistinction from the expression 'includes'. learned counsel submitted that borrowing definition from other statutes is not ..... even the explanatory note indicates that amc (s) is covered by the explanation and, therefore, amc(s) is entitled to the continuance of the benefit of exemption even after finance act, 2002. further, in the explanation to section 10(20) there are three items - item (i) refers to 'panchayat', item (ii) refers to 'municipalities' whereas .....

Smt. Ujjam Bai Vs. State of Uttar Pradesh

Court : Supreme Court of India

Reported in : [1963]1SCR778; [1963]Supp2SCR778

..... of a part of the net proceeds thereof among the stages in pursuance of the principles of distribution formulated and the recommendation made by the finance commission. under the central act, before the amendment, there was excise duty on tobacco used for various purposes, including machine-made bidis, but there was no excise duty on ..... , dealing with 'finance'. that article provides that no tax shall be levied or collected except by authority of law. there was no similar provision in the corresponding chapter of the government of india act, 1935. if collection of taxes amounts to deprivation of property within the meaning of article 31(1), then there was no ..... , dealing with 'finance'. that article provides that tax shall be levied or collected except by authority of law. there was no similar provision in the corresponding chapter of the government of india act, 1935. if collections of taxes amounts to deprivation of property within the meaning of article 31(1), then there was no point in .....

Ujjam Bai. Vs. State of Uttar Pradesh.

Court : Supreme Court of India

Reported in : AIR1962SC1621; 1963(1)SCR778

..... of a part of the net proceeds thereof among the stages in pursuance of the principles of distribution formulated and the recommendation made by the finance commission. under the central act, before the amendment, there was excise duty on tobacco used for various purposes, including machine-made bidis, but there was no excise duty on ..... , dealing with finance. that article provides that no tax shall be levied or collected except by authority of law. there was no similar provision in the corresponding chapter of the government of india act, 1935. if collection of taxes amounts to deprivation of property within the meaning of article 31(1), then there was no point ..... , dealing with "finance". that article provides that tax shall be levied or collected except by authority of law. there was no similar provision in the corresponding chapter of the government of india act, 1935. if collections of taxes amounts to deprivation of property within the meaning of article 31(1), then there was no point in .....

Forum For Peoples Collective Efforts (fpce) Vs. The State Of West Beng ...

Court : Supreme Court of India

..... three judge bench of this court in hoechst pharmaceuticals ltd. vs state 26 of bihar , considered the constitutional validity of section 5(1) of the bihar finance act, 1981 which provided for the levy of a surcharge on every dealer, whose gross turnover during a year exceeded rs 5 lacs, in addition to the tax ..... compensation under sections 12, 14, 18 and 19. these adjudicating officers are to be appointed by the authority in consultation with the appropriate government. 57 chapter ix provides for finance, accounts, audits and reports. under section 73, the central government is empowered to make grants and loans to the authority upon due appropriation by parliament. ..... one shall be a judicial member tribunal and other shall be a technical or administrative member, to be appointed by the appropriate government. explanation. for the purposes of this chapter, (i) "judicial member" means a member of the appellate tribunal appointed as such under clause (b) of sub-section (1) of section 46; (ii) " .....

Ksl and Industries Ltd. Vs. Arihant Threads Ltd. and ors.

Court : Supreme Court of India

Reported in : IV(2008)BC421(SC); 153(2008)DLT27(SC); 2008(12)SCALE42; (2008)9SCC763

..... state towards securing the principles specified in clauses (b) and (c) of article 39 of the constitution. section 3 defines various terms used in the act. chapter ii relates to establishment of board and appellate authority, term of office, conditions of service of officials and working of the board and appellate authority. references ..... banks or state financial corporations different considerations would come into play. it must be realised that in the modern industrial environment large industries are generally financed by banks and statutory corporations created specially for that purpose and if they are permitted to resort to independent action in total disregard of the ..... development bank of india (hereinafter referred to as `idbi'), which was the predecessor of the stressed assets stabilisation fund (hereinafter referred to as `sasf'), financed the project undertaken by the company.4. as it appears from the records, the respondent no. 1- company was unable to repay the loan and idbi .....

Corporation of Calcutta and anr. Vs. Liberty Cinema

Court : Supreme Court of India

Reported in : AIR1965SC1107; [1965]2SCR477

..... for advertisements. it is the only provision for taxation as regards which a rate is not specified or the maxima laid down by the act. chapter xvii which is the last chapter in this part is concerned with making provision for the recovery of the consolidated rate and the other taxes and for certain supplementary provisions in ..... estimates back to the standing finance committee for further consideration and resubmission within a specified time and shall- (a) ............................. (b)determine, subject to the provisions of part iv the levy of ..... the corporation to frame budget estimates of the year. sub- s. (3) on which he relied reads "(3). the budget estimates prepared by the standing finance committee shall be laid before the corporation on the 15th february or as soon as possible thereafter and the corporation shall consider the same. it may refer the .....

Mandvi Co-op. Bank Ltd. Vs. Nimesh B. Thakore

Court : Supreme Court of India

Reported in : 2010(1)BomCR614; JT2010(1)SC259; 2010(I)OLR(SC)306; 2010(1)SCALE188; (2010)3SCC83; [2010]98SCL139(SC); 2010(1)LC454(SC)

..... magistrate of the first class shall try any such offence.11. the speech of the minister of finance on december 2, 1988 in course of the debate on the bill in the lok sabha tells us that chapter xvii was inserted in the act, in light of the report submitted in the year 1975 by the committee on banking laws ..... headed by dr. rajamannar. it appears that in course of the debate some members had expressed the view that the provisions of chapter xvii sought to be inserted in the act, contained very abnormal, rather very dangerous provisions, in that a kind of civil liability is supposed to be converted into a kind of criminal ..... sections 142 to 147 lay down a kind of a special code for the trial of offences under chapter xvii of the negotiable instruments act and sections 143 to 147 were inserted in the act by the negotiable instruments (amendment and miscellaneous provisions) act, 2002 to do away with all the stages and processes in a regular criminal trial that normally .....

State of Gujarat Vs. Shantilal Mangaldas and ors.

Court : Supreme Court of India

Reported in : AIR1969SC634; (1970)72BOMLR1; (1969)GLR879(SC); (1969)1SCC509; [1969]3SCR341

..... deals with the appointment of town planning officers and the board of appeal and their powers. chapter vi deals with the splitting up of schemes into sections and preliminary schemes. chapter vii deals with joint town planning schemes and ch. viii with finance.11. under bombay act 27 of 1955 after a development plan is sanctioned, the local authority makes a declaration of its ..... intended that the town planning schemes should form part of a single cohesive pattern for development of the entire area over which the local authority had jurisdiction.10. chapter iii of bombay act 27 of 1955 relates to the making of the town planning scheme. chapter iv deals with the declaration of intention to make a scheme and making of a draft scheme .....

Indian Bank Association and ors. Vs. Union of India and anr.

Court : Supreme Court of India

..... of objects and reasons appended with the bill explaining the provisions of the new chapter reads as follows :- this clause [clause (4) of the bill]. inserts a new chapter xvii in the negotiable instruments act, 1881. the provisions contained in the new chapter provide that where any cheque drawn by a person for the discharge of any ..... , the negotiable instruments (amendment) bill, 2001 was introduced in the lok sabha on 24th july, 2001. the bill was referred to standing committee on finance which made certain recommendations in its report submitted to lok sabha in november, 2001.4. keeping in view the recommendations of the standing committee on ..... finance and other representations, it has been decided to bring out, inter alia, the following amendments in the negotiable instruments act,1881, namely: (i) to increase the punishment as prescribed under the act from one year to two years; (ii) to increase the period .....

P.v. Nidhish Vs. Kerala State Wakf Board

Court : Supreme Court of India

..... this act. chapter ii provides for preliminary survey of wakfs, publication of list of wakfs, disputes regarding wakfs and also the powers of the tribunal to determine such disputes. chapter iii deals with central wakf council while chapter iv deals with establishment of boards and their functions. chapter v, vi and vii regulate the registration of wakfs and maintenance of accounts thereof and the finances of ..... the wakf board. chapter viii, with which the controversy at hand is more intimately connected deals .....