Judgment Search Results Home > Cases Phrase: finance act 1978 chapter iii direct taxes Court: mumbai Page 1 of about 1,733 results (0.088 seconds)

Star Television News Limited Vs. Union of India (Uoi) Through the Secr ...

Court : Mumbai

Reported in : 2009(111)BomLR3617; (2009)225CTR(Bom)140; [2009]317ITR66(Bom); [2009]184TAXMAN400(Bom)

..... of the assessee's disclosure was maintained, as the same could be used only in the settlement commission.17. scheme of the act and relevant changes in chapter xix-a of the act by the finance act, 2007.prior scheme(i) an application to the settlement commission was submitted in accordance with form 34b in appendix ii to the ..... an exhaustive review of almost all decisions bearing on the question of article 14, this court speaking through chandrachud, c.j. in re. special courts bill. 1978 restated the settled propositions which emerged from the judgments of this court undoubtedly insofar as they were relevant to the decision on the points arising for consideration in that ..... has settled 1213 cases of which only one case was admitted by the supreme court. the direct tax laws committee in its final report submitted in september, 1978 further recommended that all restrictions on the powers of the settlement commission to entertain cases should be removed. as a result of this recommendation w.e.f. .....

Agrima Project Engg. and Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (1990)32ITD421(Mum.)

..... deduction under section 80m, section 80aa is to be taken note of while for deductions under section 80 as contained in chapter via, section 80ab is to be taken note of; (viii) that the very fact that finance (no. 2) act, 1980 brought on the statute book the above two sections, viz. sections 80aa and 80ab, since one is made retrospective ..... raised on behalf of the assessee can be summarised as under:- (i) that on the basis of approval granted by the central board of direct taxes dated 4th april 1978 (assessee's paper book page 27), it cannot be said that either facts have been mis-stated or, else, incomplete facts have been given to the central board of ..... these appeals, which have been filed by the assessee, a resident company, are 1979-80, 1980-81 and 1982-83 with respective previous years having ended with 31st december 1978, 31st december 1979 and 31st december 1981. one of the common issues involved in all these appeals is the deduction claim of the assessee made under section 80-o .....

Daga Containers (P.) Ltd. Vs. Ito

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (2006)6SOT666(Mum.)

..... carried on by him in the previous year relevant to that assessment year. the relevant observations of their lordships are extracted hereunder, for the sake of reference : "6. the finance act, 1972, in the first instance, inserted a new item of the enumeration of income in section 2(24) by inserting clause (ix) therein. it has made any winnings ..... against income, if any, from any source other than the activity of owning and maintaining race horses in that year and shall, subject to the other provisions of this chapter, be carried forward to the following assessment year and (a) it shall be set off against the income, if any, from the activity of owning and maintaining race ..... of income except his winnings from races nor is it allowed to be carried forward to be set off against income from any source in any subsequent year.the finance act, 1974, has amended section 74a so as to provide that the losses incurred by owners of race horses in the activity of owning and maintaining such horses, to .....

Commissioner of Income-tax Bombay City-i Vs. N.U.C. Private Ltd.

Court : Mumbai

Reported in : [1980]126ITR377(Bom); [1980]4TAXMAN436(Bom)

..... it has been rightly held that the assessee was an 'industrial company 'within the meaning of the said expression as defined in s. 2(7)(d) of chapter ii of the finance act, 1966 ?' that is how the said question has been referred to this court, as stated earlier, by the tribunal under s. 256(1) of the ..... industrial undertakings for coming to its conclusion, completely ignoring the special definition given of 'industrial company' in cl. (d) of sub-s. 2 of chap. ii of the finance act, 1966, which directly falls for consideration in the present case. it will, therefore, be convenient to reproduce the said definition which is as follows (see [1966] 60 itr ..... is :'whether the assessee-company is an 'industrial company' within the meaning of cl. (d) of sub-s. (7) of s. 2 of chap. ii of the finance act, 1966 ?'2. the assessee which is a private limited company engaged in business, as disclosed in its memorandum and articles of association, among other things, of undertaking, building, constructing .....

LandT Finance Limited Vs. M/s. Saumya Mining Ltd and Others

Court : Mumbai

..... but there would also be conflict of both the laws qua applicability of the companies which are non banking finance companies. it is held hat chapter iii-b of the rbi act applies to only companies which are non banking finance companies whereas money lending act applies to all companies. it is held that if the laws held by the parliament is to operate the ..... relating to deployment of funds by n.b.f.c. the conjoint reading would go to show that the business of financing by such n.b.f.c. is regulated by the provisions of chapter-iiib of the r.b.i. act. there are enabling power with the r.b.i. to issue such instructions and directions and they are binding to n ..... shows that the business of n.b.f.c. which is sought to be controlled and regulated by chapter-iii-b of r.b.i. act includes the financing whether by way of loan or advances or otherwise. further, section 45-j of the said act enables the r.b.i. to determine the policy and issue directions to such n.b.f.c .....

Union of India (Uoi) and ors. Vs. Bennett Coleman and Co. Ltd. and ors ...

Court : Mumbai

Reported in : 1988(3)BomCR581a; (1987)89BOMLR485

..... whether such unit or division is located at the same place... or at a different place or places.'9. we are here concerned with the provisions of chapter iii of the act which deals with 'concentration of economic power'. part a thereof by reason of section 20 within it, applies to an undertaking. if the total value of the ..... such application information with regard to the inter-connection. if any, of the new undertaking (which is intended to be established) with every other undertaking, the scheme of finance for the establishment of the new undertaking and such other information as may be prescribed.(3) (a) the central government may call upon the person or authority to satisfy ..... a.p. sen, j., struck down section 27 having regard to the provisions of article 19(1)(f).35. the judgment in maneka gandhi v. union of india, : [1978]2scr621 , must now be examined in regard to the test to be applied, it was held, following the judgment in (rustom cavasjee coopers case), : [1970]3scr530 that what .....

Dr. Vikhe Patil Foundation’s Vikhe Patil Memorial School ...

Court : Mumbai

..... appropriate government or the local authority, as the case may be. ? 8. the rte central rules 2010 are framed by central government in view of section 38 of the rte act. chapter v of these rte rules describe responsibilities of schools and teachers ? with regard to the admission of children belonging to weaker section ? and disadvantaged group[ . rule 11(3) reads as ..... of 6 to 14 years the right to free and compulsory education in a neighbouring school till the completion of elementary education. chapter iii deals with the duties of appropriate government, local authority and parents ? to establish school, sharing of finance and other responsibility. section 8 describes duties of appropriate government and local authorities, including to ensure that the children belonging to .....

Jagjiwanrao Dayabhai and ors. Vs. the State

Court : Mumbai

Reported in : 1952CriLJ646

..... as follows.it received the assent of the president, on the 12th october 1950, under article 254(2) of the constitution. section 1 extends the act to the whole of madhya pradesh and limits the life to the 31st december 1952. sections 2 to 6 of chapter u deal with restrictions of movements and actions of persons. section 7 of ..... of property.7. the constitution of special courts and the procedure to be followed by them as well as the matters arising out of trials are dealt with in chapter vi, entitled special court. section 12 empowers the state government by a notification to constitute special courts of criminal jurisdiction for such areas as may be specified in ..... permits only memoranda of evidence to be taken down in cases of very serious nature, which is against the spirit and the letter of the law as laid down in chapter xxi, hyderabad criminal p.c. and should, therefore, be deleted.shripatrao, j. observed:excepting summary trials such a provision for the recording of evidence seems to be .....

Raj Nair Vs. S.K. Laul and ors.

Court : Mumbai

Reported in : (2008)217CTR(Bom)409; [2008]299ITR389(Bom)

..... that such property shall on the date of such order vest in the central government. earlier the section contained the following words 'free from all encumbrances' by the finance act, 1993, with retrospective effect from november 17, 1992, the same was substituted by 'in terms of the agreement for transfer' referred in sub-section (1) of ..... an amount equal to the amount of the apparent consideration. the only discount that can be made from the amount of apparent consideration is as provided in the chapter itself. this issue had come up for consideration before a learned division bench of the gujarat high court in pradip ramanlal sheth v. union of india : [ ..... shrichand raheja : [1995]213itr33(bom) and observed as under (page 185):we are unable to agree. the high court appears to have overlooked the purpose of chapter xx-c and the definition of 'apparent consideration' thereunder. the purpose is to determine whether immovable property has been sought to be transferred at an undervaluation. to .....

Bhasir Oil Mills Vs. Union of India

Court : Mumbai

Reported in : 1989(24)LC513(Bombay); 1990(47)ELT305(Bom)

..... two industries. it may also be seen that apart from section 3 of the cess act, there are other modes of raising the finances provided in chapter iii of the board act for carrying out the objects of the board under the said act and the fund created thereunder is also known as the 'oil seeds and vegetable oils ..... however no provision for raising finance by levying any cess under the board act. the cess is leviable only under the cess act under which the charging section is section 3 in ..... therewith. the constitution of the boards is provided under the said act and it is clear from section 9 that it is charged with the functions of promotion and development of the oilseeds industry and vegetable oils industry. chapter iii of the act makes provisions for raising finances for carrying out the purposes of the board. there is .....