Court : Allahabad
Decided on : Sep-06-1990
Reported in : (1990)88CTR(All)207; [1991]188ITR60(All)
..... other provision. this is evident from a reading of explanation 2, which, as stated above, was introduced by the taxation laws (amendment) act, 1984, with effect from october 1, 1984, and omitted by the finance act, 1985, with effect from may 24, 1985 :'where any books of account, other documents, money, bullion, jewellery or other valuable article ..... 31, 1985. taking advantage of explanation 2 appended to sub-section (1) of section 273a by the taxation laws (amendment) act, 1984, with effect from october 1, 1984 (which was omitted by the finance act, 1985, with effect from may 24, 1985), the petitioner purported to make a disclosure of his concealed unaccounted income before the ..... in earlier years ... in the circumstances, i hold that the claim does not dislodge the presumption under section 132(4a) and under section 69a of the income-tax act, 1961, and, therefore, the disclosure is not full and true. the condition laid down in section 273a(1) relating to penalty under section 271(1)(c) is .....
Tag this Judgment!Court : Allahabad
Decided on : Feb-22-1990
Reported in : [1990]184ITR326(All)
..... 1982-83 a note was given as under : 'the system of purchases of cotton in the company underwent a change towards the close of 1980, sri anand prakash, director (finance), b. i. c. and sri d.n. dikshit, managing director, b. i. c., both directors on the board of elgin mills co. ltd. have expressed ..... auditors, etc., in respect of cotton purchases made by the assessee-company. these details were obtained from the assessee-company under section 133(6) of the income-tax act. (sd.) v.k. singal9-9-1986inspecting assistant commissioner ofincome-tax (asstt.) range-ii, kanpur.' 12. the reasons recorded by the inspecting assistant commissioner having received the ..... whole system then prevailing in regard to purchases of cotton. the auditors have also fixed the responsibility for these losses on various committees through which the company acts. to what extent the losses were referable to misappropriation by the employees or agents of the assessee and whether the losses were occasioned in the course of .....
Tag this Judgment!Court : Allahabad
Decided on : Mar-28-1990
Reported in : [1990(60)FLR608]; (1991)IILLJ154All
..... his intention to close down any undertaking. failure to do so entailed a liability to be punished under section 30a inserted in the act by the same amendment act.chapter v-b was inserted in the central act by amending act 32 of 1976. after taking note of the provisions of sections 25k, l, m and n, their lordships read section 25o by ..... present section 25o an employer can be compelled not to close down its undertaking in spite of the fact that both from the point of view of security and finance it will be impossible for him to do so. again he can still be compelled to pay minimum wages to the employees even though he is not capable of ..... of jay shree tyres and rubber products at allahabad (hereinafter referred to as the allahabad unit). each business run by the company is a separate establishment having a separate finance, management and control. the allahabad unit has been suffering huge losses year after year. it has suffered losses from its very inception. in 1976-77 its loss was .....
Tag this Judgment!Court : Allahabad
Decided on : Jul-11-1990
Reported in : [1991(61)FLR422]; (1992)ILLJ204All; (1990)3UPLBEC1838
..... of the order until june 1990. then during this month the employer shall deposit this amount in one of the monthly income schemes of a nationalised bank or a public finance institution like the unit trust of india. the interest accrued under this scheme shall go to the workman and the principal amount shall be subject to the final orders of ..... , the consequential order under section 33c(2) would not have been passed. the other aspect, is that the award not having been stayed, the labour court was obliged to act on the application of the workman under section 33c(2) and compute the benefits under the award in terms of money. this was done.5. on record, the workman made ..... post of incharge price control.3. as the benefits under the award did not accrue to the workman, he moved an application under section 33c(2) of the industrial disputes act, 1947. this was numbered as misc. case no. 97 of 1985. the labour court computed the benefits in terms of money and delivered its order on 9th april, 1987 .....
Tag this Judgment!Court : Allahabad
Decided on : Oct-17-1990
Reported in : AIR1991All75
..... the said provision. order 23, rule 3-a of the code of civil procedure cannot be read dehors its earlier provision of the same chapter. the said provision is only a part of the entire chapter of order 23 of the code of civil procedure which prescribes provisions for withdrawl and adjustment of the suit. order 23, rule 3 of ..... . smt. muneshwara, wife of ram govind ram, who had earlier inherited half share in the property in dispute, became absolute owner of it, on promulgation of hindu succession act, 1956. a family settlement between smt. muneshwara and her son sri banshidar was arrived at and in accordance with which, the western half portion of the house in dispute ..... the code of civil procedure provides for a situation where the parties have arrived at a compromise. order 23, rule 3 and rule 3-a of the code of civil procedure as added by amending act .....
Tag this Judgment!Court : Allahabad
Decided on : May-26-1990
Reported in : [1991(62)FLR24]; (1995)IIILLJ723All; (1991)1UPLBEC163
..... singh v. registrar, co-operative societies and ors. 1983 u.p.l.b.e.c. 456, wherein also it was held that the right under chapter v-a. of the industrial disputes act which contains section 25f can be enforced either under section 33c or by raising an industrial dispute.46. the supreme court speaking through krishna iyer, j ..... payment as the bank had made payments over 1.22. lakhs to the employees of the nigam on 31.3.1990.'35. with regard to the availability of finances in the account of the nigam in the united commercial bank, naka hindola branch, lucknow, the opposite parties state as under:'11(i). that the state government ..... lucknow. in view of the situation created by the members of the petitioners and reports of likelihood of violence, the opposite parties, it is pleaded, informed the secretary, institutional finance, u.p. government, who in turn requested the district magistrate, lucknow 'in writing to provide police protection so that the disbursement of cheques on march 29, could be .....
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