Finance Act 1991 - Judgment Search Results

Sahara India Savings and Investment Corporation. Ltd. Vs. Asstt. Cit

Court: Allahabad

Reported in: [2001]79ITD56(NULL)

..... exclusion in the newly inserted definition of interest by the finance act 1991 can it be said that interest on securities would now stand ..... of interest as defined in section 2 7 of the finance act 1991 it was submitted that a deletion of exclusion of interest on ..... in section 2 7 even after the amendment by the finance act 1991 11 we have considered the rival submissions facts and circumstances of .....

Sahara India Savings and Investment Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Allahabad

..... exclusion in the newly inserted definition of interest by the finance act 1991 can it be said that interest on securities would now stand ..... of interest as defined in section 2 7 of the finance act 1991 it was submitted that a deletion of exclusion of interest on ..... in section 2 7 even after the amendment by the finance act 1991 11 we have considered the rival submissions facts and circumstances of .....

Bhagwan Dass Khanna Enterprises Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2001)78ITD151(Delhi)

..... unintended hardship when pointed out by the concerned parties the explanation was introduced by the finance act 1991 it was thus intended to cure a deficiency and was thus curative or declaratory introduced ..... to the section as a whole if the amendment in section 80hhd introduced by the finance act 1991 is considered in the light of the above propositions it would emerge that the same .....

Merit Enterprises Vs. Dy. Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2007)288ITR226(Hyd.)

..... retrospective or otherwise nature of the amendment to the provisions of section 80hhc by the finance act 1991 whereby the benefit of section 80hhc has been extended to a specific kind of mineral ..... issue with regard to retrospective or otherwise nature of the amendment in section 80hhc by finance no 2 act 1991 hon ble madras high court held as per relevant portion of the head note on .....

Assistant Commissioner of Income Tax Vs. U. P. National Manufacturing ...

Court: Allahabad

Reported in: (2001)69TTJ(All)503

..... newly inserted provisions of section 194h of the income tax act 1961 hereinafter referred to as the act as a result of finance act 1991 which received the assent of the president of india on ..... 27 9 1991 all these respondents were under an obligation to deduct .....

Housing and Urban Development Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2006)102TTJ(Delhi)936

..... issue under reference however relates to the act as applicable between the period 1st oct 1991 to 31st march 2001 when the act was reintroduced by finance act 1991 some changes were made the scope of ..... the applicability of the act was widened by extending its .....

Sri Chaitanya Educational Vs. Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2007)106ITD256(Hyd.)

..... retrospective or otherwise nature of the amendment to the provisions of section 80hhc by the finance act 1991 whereby the benefit of section 80hhc has been extended to a specific kind of mineral ..... issue with regard to retrospective or otherwise nature of the amendment in section 80hhc by finance no 2 act 1991 hon ble madras high court held as per relevant portion of the head note .....

Gem Granites Vs. Commissioner of Income-tax, Tamil Nadu

Court: Supreme Court of India

Reported in: (2004)192CTR(SC)481; [2004]271ITR322(SC); 2004(9)SCALE647; (2005)1SCC289

..... the field of operation of section 80 hhc the 1994 circular also speaks of the finance act 1991 extending the benefit of section 80 hhc to export of processed minerals and ores mentioned ..... 2004 these appeals are dismissed direct taxation income tax act 1961 sections 80hhb 2 80hhc 80hhc 2 finance act 1982 section 89a 89a 4 finance amendment act 1991 deduction in respect of profits retained for export .....

The Jt. Commissioner of Income Vs. India Equipment Leasing Ltd.

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: (2008)111ITD37(Chennai)

..... the legislative intention for inserting section 43d he submitted that the finance act 1991 inserted a special provision w e f 01 04 1991 for recognition of income in case of a public financial institution ..... could suo moto overrule the specific provision of section 145 of it act 1961 there was no need of introducing section 43d by the finance act 1991 and later on modify it by extending the benefit to .....

Assistant Commissioner of Income Vs. U. P. National Mfg Ltd. (Asstt. C ...

Court: Income Tax Appellate Tribunal ITAT Allahabad

..... as a result of newly inserted provisions of s 194h of the it act 1961 hereinafter called as the act as a result of finance act 1991 which received the assent of the president of india on 27th ..... september 1991 all these respondents were under an obligation to deduct and pay the .....