Judgment Search Results Home > Cases Phrase: finance act 1978 chapter iii direct taxes Sorted by: old Court: mumbai Page 87 of about 1,733 results (0.410 seconds)

Vikram Ispat and ors. Vs. Cce

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Reported in : (2000)(88)LC327Tri(Mum.)bai

..... b) above, allowed in respect of inputs shall be utilised only towards payment of duty of excise leviable under the additional duties of excise (textiles and textile articles) act, 1978 (40 of 1978), on the final products or, as the case may be, on the inputs, if such inputs have been permitted to be cleared under rule 57f of the said ..... 36.05 under heading nos. or 37.06 of the schedule 36.05 or 37.06 of the to the said act; schedule to the said act; 2710.11, 2710.12, chapter 52 or chapter 2710.13 or 2710.19 (except 54 or chapter 55 of (2) modvat credit extended to specified tobacco products and preparations, yarn, fibres, ropes and fabrics - in ..... government of india in the ministry of finance (department of revenue) no.177/86-central excises, dated the 1st march, 1986, the central government hereby specifies the final products described in column (3) of the table hereto annexed and in respect of which,- (i) the duty of excise under the central excises and salt act, 1944 (1 of 1944); (ii .....

Commissioner of Income-tax Vs. Melauto Industries P. Ltd.

Court : Mumbai

Reported in : [1999]240ITR74(Bom)

..... would fall to be considered under section 40a(5), or section 40(c), as the case may be ?'2. the controversy in this case pertains to the assessment year 1978-79. the material facts giving rise to the present reference is as under ;3. the assessee is a private limited company. it is manufacturing various types of forgings, ..... in the salary and allowances paid to pradeep h. shah, working director of the assessee for the purposes of disallowance under section 40a(5) of the income-tax act. the tribunal further observed that it would have been necessary for the tribunal to see whether the amount paid by the assessee as commission can reasonably be brought under ..... section 40(c) of the income-tax act. after going through the profit and loss account of parekh and co., for the relevant years and having regard to the figures contained therein, the income-tax appellate .....

Commissioner of Income-tax Vs. Smt. Mandakini M. Jog

Court : Mumbai

Reported in : [2000]241ITR6(Bom)

..... interest income. in respect of the proportionate share of interest income, the assessee claimed deduction under section 80l of the income-tax act ('the act'), for the assessment years 1976-77 and 1978-79. 3. the income-tax officer disallowed the said claim. on appeal by the assessee, the appellate assistant commissioner of income- ..... on central government securities and deposits, including deposits with banking companies. for the assessment year 1973-74, the assessees claimed deduction under section 80l of the act in respect of the share of profits from the firm which represented 'interest on government securities and interest on deposits from banking companies'. the income-tax ..... the income of the firm among partners. the income from interest in respect of which deduction was claimed by the partners under section 80l of the act was determined in the assessment of the firm as 'income on fixed deposits with government companies and interest on government securities'. the share of the partners .....

Commissioner of Income-tax Vs. Datta V. Gaitonde

Court : Mumbai

Reported in : [2000]241ITR241(Bom)

..... is made to this court.2. we have heard learned counsel for the parties. the controversy in this case now stands concluded by the amendment of the income-tax act, 1961, by the finance act, 1994, by insertion of section 5a with retrospective effect from april 1, 1963. section 5a provides that income from all sources, except from salary should be apportioned equally ..... and the wife and the income so apportioned shall be included separately in the total income of the husband and of the wife respectively, and the remaining provisions of this act shall apply accordingly. (2) where the husband or, as the case may be, the wife governed by the aforesaid system of community of property has any income under the head ..... ranjana desai, j.1. by this reference under section 256(1) of the income-tax act, 1961, the income-tax appellate tribunal has referred the following question of law to this court for opinion, at the instance of the revenue :'whether, on the facts and in .....

Assistant Commissioner of Vs. Tribhovandas Bhimji Zaveri

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (2000)74ITD92(Mum.)

..... income of somebody else, then there was nothing to prevent an investigation into the true source of the amount. there was nothing in section 24 of the finance (no. 2) act, 1965, which prevented the ito, if he was not satisfied with the explanation of an assessee about the genuineness or source of an amount found credited in ..... shares. s/shri gopaldas and arvind were only getting income by way of share of profit from the firm t.b.z. zaveri bazar prior to assessment year 1978-79 in huf capacity. in individual capacity their income from valuation fees was very negligible.when all these facts were considered, a conclusion was drawn that this ..... the assessing officer who probed further into the transaction. it was explained before him that the said partners and their family members filed returns for the assessment year 1978-79 under the amnesty scheme, 1985, in march 1987 and offered the value of certain jewelleries as income from undisclosed sources under the head "income from other sources .....

Assistant Commissioner of Income Vs. Tribhovandas Bhimji Zaveri

Court : Income Tax Appellate Tribunal ITAT Mumbai

..... the income of somebody else, then there was nothing to prevent an investigation into the true source of the amount. there was nothing in s. 24 of the finance (no. 2) act, 1965, which prevented the ito, if he was not satisfied with the explanation of an assessee about the genuineness or source of an amount found credited in ..... shares. s/shri gopaldas and arvind were only getting income by way of share of profit from the firm t.b.z., zaveri bazar prior to asst. yr. 1978-79 in huf capacity. in individual capacity their income from valuation fees was very negligible. when all these facts were considered, a conclusion was drawn that this transaction of ..... curiosity of the ao who probed further into the transaction. it was explained before him that the said partners and their family members filed returns for the asst. yr. 1978-79 under the amnesty scheme, 1985, in march, 1987 and offered the value of certain jewelleries as income from undisclosed sources under the head "income from other sources" .....

Mukand Ltd. Vs. Mukand Kamgar Union and anr.

Court : Mumbai

Reported in : [2000(86)FLR27]; (2000)ILLJ1569Bom

..... '9. the union also demanded increase in the existing allowances, namely, (i) educational allowance, (ii) leave travel allowance, (iii) washing allowance, (iv) acting allowance, and (v) lunch and snacks allowance. the union further raised a demand, for introducing for the first time pollution allowance and picnic allowance. the union ..... relates to: (i) wage scale, (ii) fitment, (iii) special increments, (iv) dearness allowance, (v) education allowance, (vi) lta, (vii) washing allowance, (viii) acting allowance, (ix) lunch and snacks allowance, (x) pollution allowance, (xi) picnic allowance, (xii) fixed allowance in lieu of incentive, (xiii) paid holidays, (xiv) privilege/casual/ ..... company has floated subsidiary companies, namely mukand mcnally wellman limited, mukand global finance limited and mukand international limited. the company has also taken over beco engineering company ltd. a sick company under the sica act. another company by name bombay forging limited is also taken over by the .....

Shah Hyder Beig and Others Vs. the State of Maharashtra and Others

Court : Mumbai

Reported in : 1999(4)BomCR146

..... 2 municipal council kept the said writ land for the purpose for which it was reserved and constructed a compound wall for protecting the property by obtaining finance from the government in the year 1989. it is stated that thereafter the municipal council prepared the plans for construction of the school building and it ..... the following facts :'the development plan of ahmednagar has been revised and the revised development plan of ahmednagar has been sanctioned by the government on 1-4-1978. in this development plan also, the site reserved for primary school and playground is shown'.however, the municipal council observed that there are many primary schools, ..... plan and acquisition under the 1973 government resolution. it is submitted that the petitioners have also given purchase notice under the provisions of the bombay town planning act, 1954. that was confirmed by the' state government and that has been recited in the award itself. it is submitted that the acquisition itself has legally .....

Bhikabai W/O Sukhadeo Giram Vs. Mamtabai W/O Vithoba Ingle and ors.

Court : Mumbai

Reported in : AIR2000Bom172; 2000(1)ALLMR539; 2000(1)MhLj815

..... . 4 of 1981 on 8th october, 1984 is set aside and the decree passed by the joint civil judge, junior division, buldhana in r.c.s. no, 171 of 1978 on 29-11-1980 is confirmed with appropriate modification for the reasoning aforesaid and notfor the reasoning indicated by the trial court.12. suit is decreed. plaintiff alone being entitled ..... bapurao, inherited the property as their widows' estate as joint tenants with right of survivorship then on their becoming the absolute owners after coming into force of the hindu succession act, 1956, the right of survivorship inherited by them would continue to be there and if that be so then on the death of thakabai in 1974, the sole surviving ..... disputed even by the learned counsel for the appellant and in my view rightly.7. however, the learned judge went on to observe further that as soon as hindu succession act came into force on 17th june, 1956, each of the widow became absolute owner to the extent of 1/2 share in the property left by bapurao. in fact .....

Maharashtra State Road Transport Corporation Vs. Bhimarao Ganpatrao Gu ...

Court : Mumbai

Reported in : 1999(4)ALLMR598; (2000)IIILLJ358Bom

..... supported the impugned award and submitted that the learned judge of the labour court has rightly invoked his discretion under section 11-a of the industrial disputes act and no interference is called for in the said order by this court under its supervisory powers under article 227 of the constitution of india. he ..... on february 14, 1980. this service record clearly goes to show that the employee was punished for similar acts of misconduct of serious nature and he was offered multiple chances for showing improvement. his reinstatement in 1978 was a fresh appointment and it was informed that the past service could not be taken into consideration for ..... any purpose.10. section 11-a of the industrial disputes act, confers powers on the labour court, tribunals and national tribunals to give .....