Judgment Search Results Home > Cases Phrase: finance act 1978 chapter iii direct taxes Court: supreme court of india Page 1 of about 1,639 results (0.217 seconds)

Rashtriya Ispat Nigam Ltd. Vs. Dewan Chand Ram Saran.

Court : Supreme Court of India

..... shall provide the contractor with required tax deduction certificate." evolution of service tax:5. service tax was introduced for the first time under chapter v of the finance act, 1994. section 66 of the act was the charging section and it provided for the levy of service tax at the rate of five per cent of the value of ..... of 1994. - during the period commencing on and from the 16th day of july, 1997 and ending with the 16th day of october, 1998, the provisions of chapter v of the finance act, 1994 shall be deemed to have had effect subject to the following modifications, namely- (a) in section 65,- (i) for clause (6), the following clause ..... by an insurer carrying on general insurance business. section 68 required every person providing taxable service to collect the service tax at specified rates. section 69 of the finance act, 1994 provided for registration of the persons responsible for collecting service tax. sub-sections (2) and (5) indicated that it was the provider of the service .....

Reserve Bank of India and Others Vs. Peerless General Finance and Inve ...

Court : Supreme Court of India

Reported in : 1996IAD(SC)774; AIR1996SC646; [1996]85CompCas920(SC); JT1996(1)SC8; 1996(1)SCALE13; (1996)1SCC642; [1996]1SCR58

..... by peerless did not fall within the mischief of the prize chits and money circulation schemes (banning) act, 1978. the said view of the division bench of the high court was affirmed by this court in reserve bank of india v. peerless general finance & investment co. ltd. : [1987]2scr1 , (hereinafter referred to as 'peerless i'). the ..... of any such law. after the insertion of chapter iii-b in the act, the bank issued three sets of directions to regulate acceptance of deposits by non-banking companies, categorising them into financial, non-financial and miscellaneous ..... 45-l empowers the bank to call for information from financial institution and to give directions to such institutions. section 45-q provides that the provisions of chapter - iii b shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or any instrument having effect by virtue .....

Heinz India Limited Vs. The State Of Kerala

Court : Supreme Court of India

..... to the extent possible, to interpret such entries, in line with hsn classification. in the present case, the distinguishing feature of both the kgst act and tgst act, is that neither have general or chapter notes. this sets the statutes apart from decisions based on ceta, to a large extent. the court has to, as a principle, interpret ..... of the product is as a cosmetic.36. in hindustan lever (supra) the product, vaseline intensive care heel guard, was held to be a medicament under chapter 30 of central excise tariff act, 1985 ( ceta ) (item 3003.10, as a patent or proprietary medicine). the court took note of the definition of medicament (note 2(i) to ..... articles for the use of which licence is necessary. licence is also necessary under the indian drugs control act for manufacturing, stocking or selling nycil powder and the licence has accordingly been issued. the government of india, ministry of finance, has held and directed that nycil powder should be assessed to duty as p. and p. medicines .....

Ashwani Kumar Aggarwal, in Re. Vs.

Court : Supreme Court of India

Reported in : [1992]195ITR861(SC)

..... with notification no. 1/45/tech/90/sc, dated december 3, 1991, to examine legal issues arising from the amendments made to chapter xixa of the income-tax act, 1961, and corresponding provisions of the wealth-tax act, 1957, by the finance act (no. 2) 1991. vide notification dated december 20, 1991, the chairman, settlement commission, directed that, in order to determine the scope of ..... , 234b and 234c was mandatory and could not be waived, the word 'interest' brought into section 245d(6)by the finance act, 1987, with effect from june, 1, 1987, would not has been retained after the amendment of the act by the direct tax laws (amendment) act, 1987, with effect from april 1, 1989 (sic). he then pointed out to 'notes on clause of .....

Union of India (Uoi) and ors. Vs. Pesticides Manufacturing and Formula ...

Court : Supreme Court of India

Reported in : AIR2003SC1; 100(2002)DLT323(SC); 2000(84)ECC242; 2002LC558(SC); 2002(146)ELT19(SC); JT2002(8)SC378; (2002)8SCC410; [2002]SUPP3SCR231

..... . as far as the chapter notes wereconcerned. note 1 was left untouched but note 2 wasinserted which reads: "(sic) ..... the decision of the tribunal by issuing a directiveunder section 37b of the 1944 act. 10. it was to overcome the effect of the tribunal's decisionin marked agro chemicals that amendments were effectedby the finance act. 1996 to chapter 38 to incorporatestatutorily the substance of the circular which had been struckdown by the tribunal ..... export and import policy. 2002-2007.the itc (hs) like the schedule to the 1985 act, alsocontains several chapters which correspond exactly with theschedule to the 1985 act at least as far as the relevant partsof chapter 38 are concerned. chapter note 1(a)(2) and theheading 38.08 of the itc (hs) are identical .....

Shridhar c.shetty (Deceased) Thr. Lrs. Vs. addl.collector and Competen ...

Court : Supreme Court of India

..... making representation against the proposed withdrawal.18. when any such exemption is withdrawn or deemed to be withdrawn under these conditions, the provisions of the chapter iii of the said act shall apply to the lands as if the land had not been adopted under this order. 13. we are of the considered opinion that in ..... any other person, except for the purpose of mortgage in favour of any financial institutions specified in sub section (1) of section 19 of the for raising finance for the purpose of construction of any one of the tenements mentioned above, breach of this conditions shall that exemption granted under this order stands withdrawn. *** 17 ..... different persons or authorities may be authorised to perform different functions.20. power to exempt. (1) notwithstanding anything contained in any of the foregoing provisions of this chapter (a) where any person holds vacant land in excess of the ceiling limit and the state government is satisfied, either on its own motion or otherwise, that .....

Gujarat Ambuja Cements Ltd. and anr. Vs. Union of India (Uoi) and anr.

Court : Supreme Court of India

Reported in : AIR2005SC3020; (2005)4CompLJ440(SC); (2005)194CTR(SC)428; 2005(99)ECC377; 2005(182)ELT33(SC); [2005]274ITR194(SC); JT2005(Suppl3)SC389; (2005)4SCC214; 2006[3]STR608; 200

..... provides:'during the period commencing on and from 16th day of july, 1997 and ending with the 16th day of october 1998, the provisions of chapter v of finance act, 1994, as modified by section 116 of the finance act, 2000, shall have effect subject to the following further modifications, namely; -(a) in section 68, in sub-section (1), the following proviso ..... the recipients of other kinds of similar services were not subjected to such imposition.3. service tax was introduced for the first time under chapter v of the finance act, 1994. section 66 of the act was the charging section and provided for the levy of service tax at the rate of five per cent of the value of the ..... of 1994.--during the period commencing on and from the 16th day of july, 1997 and ending with the 16th day of october, 1998, the provisions of chapter v of the finance act 1994 shall be deemed to have had effect subject to the following modifications, namely:-(a) in section 65.-(1) for clause (6), the following clause had .....

Maruti Suzuki Ltd. Vs. Commissioner of Central Excise, Delhi-iii

Court : Supreme Court of India

Reported in : 2009(168)LC87(SC); 2009(240)ELT641(SC); JT2009(11)SC8; 2009(11)SCALE446; (2009)9SCC193; [2009]18STJ323(SC); [2009]22STT54; 2009(7)LC3257(SC)

..... ) the additional duty of excise leviable under section 3 of the additional duties of excise (textiles and textile articles) act, 1978 (40 of 1978);(ii) the national calamity contingent duty leviable under section 136 of the finance act, 2001 (14 of 2001);(iii) the education cess on excisable goods leviable under section 91 read with section 95 ..... g) of cenvat credit rules, 2002.3. m/s. maruti suzuki ltd. (appellant) is engaged in the business of manufacturing motor vehicles falling under chapter 87 of central excise tariff act, 1985. these motor vehicles are cleared on payment of duty. assessee claimed cenvat credit on 'input' in accordance with cenvat credit rules, 2002 (for ..... generation of electricity;(v) newsprint, in rolls or sheets, falling within heading no. 48.01 of the said first schedule;(vi) final products falling within chapters 50 to 63 of the said first schedule,(vii) goods supplied to defence personnel or for defence projects or to the ministry of defence for official purposes, .....

Brij Lal and ors. Vs. Commissioner of Income Tax, Jalandhar.

Court : Supreme Court of India

Reported in : (2011)1SCC1

..... matter covered by such order shall, save as otherwise provided in this chapter, be reopened in any proceeding under this act or under any other law for the time being in force. 5. at this stage, it may be noted that section 245c stood substituted by finance act, 2007, w.e.f. 1.6.2007. prior to its substitution ..... settlement commission. however, parliament has not extended the provisions and the liability to pay interest beyond the date of application for settlement. this is the position even after finance act of 2007. once this position is taken, section 140a is attracted. when an assessee has paid interest under sections 234a, b and c in self-assessment under ..... that the applicant had furnished his return of income and that the additional tax payable on such income exceeds the specified amount. this was the position prior to finance act of 2007. however, section 245c(1a) inter alia provides that additional amount of income tax payable in respect of the income disclosed shall be calculated in .....

Commissioner of Income-tax, Hyderabad Vs. Sri Rajareddy Mallaram

Court : Supreme Court of India

Reported in : AIR1964SC825; [1964]5ITR285(SC); [1964]5SCR508

..... members of the group who were not served. the material part of s. 44 of the indian. income-tax act (insofar as it dealt with the liability of discontinued associations) before it was amended by s. 11 of finance act xi of 1958 with effect from april 1, 1958, stood as follows : 'where any business, profession or vocation ..... and imposition of tax liability notwithstanding discontinuance of the business of firms. by a fiction, the firm is deemed to continue after discontinuance for the purpose of assessment under chapter iv.' 6. in abraham's case : [1961]41itr425(sc) the court was concerned with the assessment of a firm of which the business was discontinued because ..... shall, in respect of the income, profits and gains of the. . association, be jointly and severally liable to assessment under chapter iv and for the amount of tax payable and all the provisions of chapter iv shall, so far as may be, apply to any such assessment.' 5. the section declares the liability for assessment under ch .....