Court : Karnataka
Decided on : Dec-14-1954
Reported in : AIR1955Kant49; AIR1955Mys49
..... aswell as to 'secure finality and validity of completed proceedings', under the pre-existing state legislation. this is made clear by section 13(1)of the indian finance act which states that the state legislation shall cease to have effect except for, levy, assessment and collection of income-tax and super-tax in respect of some previous ..... article 278 authorises the government of india to enter into an agreement with the government of a part b state and provides for the-provision of the chapter in which articles 265 and 278 are found to have effect subject to the terms of such agreement. since such an agreement has been entered into and ..... affecting most federal subjects (including taxes on income) which will arise in connection with federal financial integration in all states, have been set out in paragraph 11 of chapter ii in part ii of our eeport. those relating to legal matters are, however, reproduced below for convenient reference : legislation relating to 'federal' subjects should-be .....
Tag this Judgment!Court : Karnataka
Decided on : Dec-14-1954
Reported in : [1955]27ITR549(KAR); [1955]27ITR549(Karn)
..... high court, and it has been laid down in lekshmana shenoy v. income-tax officer : 'the words 'levy, assessment and collection' in section 13 of the finance act, 1950, include all the processes by which the tax is ascertained, demanded and realised and 're-assessment' being one of the these processes comes within the ambit of ..... article 278 authorises the government of india to enter into an agreement with the government of a part b state and provides for the provision of the chapter in which articles 265 and 278 are found to have effect subject to the terms of such agreement. since such an agreement has been entered into and ..... importance, affecting most federal subjects (including taxes on income), which will arise connection with federal financial integration in all states, have been set out in paragraph ii of chapter ii in part ii of our report. those relating to legal matters are, however, reproduced below for convenient reference :- '(5) apart from the constitutional requirements in .....
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