Finance Act 2002 Section 161 - Judgment Search Results

Agricultural Produce Market Committee, Narela, Delhi Vs. Commissioner ...

Court: Supreme Court of India

Reported in: (2008)218CTR(SC)433; [2008]305ITR1(SC); JT2008(10)SC17; 2008(11)SCALE540; (2008)9SCC434; 2008AIRSCW6285; 2008(6)Supreme520; 2008(11)SCALE540

wish to express any opinion on the said question vide finance act 2008 income of amc s is exempt sub section comparative chart under section 3 31 of the general clauses act 1897 local authority was defined to mean a municipal committee section 10 20 of the 1961 act by finance act 2002 various high courts were of the view that since local exist parliament intends to give exemption to their income under section 10 20 of the 1961 act

The Income Tax Officer, Vs. Urban Improvement Trust

Court: Supreme Court of India

to be de fined for the first time by the finance act 2002 vide the said explanation definition clause 31 certain municipal committee and district board earlier there were district board acts in various states most of the states had re pealed cantonments act 1924 2 of 1924 15 by finance act 2002 provisions of section 10 20a was also deleted section 10 and responsibilities 25 section 61 provides for the improvement fund section 62 empowers the trust to levy betterment charges section 63

Commissioner of Income Tax, Delhi Vs. Woodward Governor India P. Ltd.

Court: Supreme Court of India

Reported in: (2009)223CTR(SC)1; [2009]312ITR254(SC); JT2009(5)SC378; 2009(5)SCALE198; (2009)13SCC1; [2009]179TAXMAN326(SC); 2009(3)LC1519(SC)

submitted that in section 43a as it stood prior to finance act 2002 the expression for making payment is in the no prudent trader would care to show increase profits before actual realization this is the theory underlying the rule that closing of the amendment to section 43a introduced by finance act 2002 section 43a is clarificatory according to the learned counsel the account 23 before coming to the arguments we quote hereinbelow section 43a as it stood prior to 1 4 2003 43a

D.C.i.T. Vs. the Andhra Petrochemicals Ltd.

Court: Income Tax Appellate Tribunal ITAT Vizag

limited it is necessary to notice here that by the finance act 2002 the legislature amended the provisions of section 43a that the amended provisions of section 32 2 of the act are effective from the assessment year 2002 2003 whereby any of the allowance of that year since the assessment year 2002 2003 falls within the eight years period the amended provisions operation even otherwise the expression for making payment used in section 43a prior to its substitution with effect from 1 4

Nayek Paper Converters Vs. Asstt. Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2005)93ITD144(Kol.)

to 1 6 1009 has been done away by the finance act 1999 w e f 1 6 1999 on and i of sub section 2 of section 143 of the act but are of such a nature that can only be by the finance act 2002 w e f 1 6 2002 under procedure of assessment laid down in then existing section o s assessment order passed on 28 2 2003 under section 143 3 i of the act vide his impugned order

Ajay Gupta Vs. Commissioner of Income Tax

Court: Delhi

Reported in: (2007)210CTR(Del)116; 2007(97)DRJ317; [2008]297ITR125(Delhi)

period was thereafter reduced to 120 days by virtue of finance act 2002 obviously parliament is mindful of the fact that of the it act until its omission by the finance act 2002 with effect from 1 6 2002 section 132 5 cent per month was tendered for the period 1 11 2002 up to 31 08 2003 it appears to us that the department in other words the highly invasive action under section 132a of the act in which the privacy of a

Sial Sbec Bioenergy Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2004)83TTJ(Delhi)866

yr 2002 03 and subsequent years clause 21 of the finance bill seeking to amend section 32 of the it act eligible for deduction under section 80 ia of the it act the appellant succeeds on this ground 54 the revenue has of his arguments relied upon pandian chemicals ltd v cit 2002 254 itr 562 mad and submitted that since the receipt of transmission or distribution 10 a perusal of the aforesaid section would reveal that for an undertaking which the assessee is

Commissioner of Income-tax Vs. Ashim Krishna Mondal

Court: Kolkata

Reported in: (2004)192CTR(Cal)336,[2004]270ITR160(Cal)

be included in the block assessment however subsequently by the finance act 2002 section 158bb was amended with effect from july interlacing of these two expressions for the purpose of the act in the context these were used the act requires an the taxable limit as was held in m m george 2002 254itr45 ker by the kerala high court the amendment so of disclosed income for the purpose of undisclosed income under section 158bb should be taken as per books of the assessee

Ms. Phoenix Lamps India Ltd., Noida Vs. Asstt. Commissioner of Income ...

Court: Allahabad

a of the act he further submitted that by the finance act 2002 section 43 a has been inserted with effect submitted that under explanation 2 of section 147 of the act if no assessment order has been passed on the return of the act ten years expired in the assessment year 2002 03 relevant to the financial year 2001 02 the petitioner of arguments has stated that no assessment order either under section 143 1 a or section 143 3 has been passed

Johnson Matthey Chemicals India Pvt. Ltd. Vs. The State of Maharashtra ...

Court: Mumbai

section 6a this section was further amended in 2002 by finance act 2002 section 6a of the cst act deals with despatching state this would be proof that goods had been actually received by the transferee 11 k it is clear from to whom goods have been despatched even post amendment in 2002 according to mr sridharan this is the legal position however the place of his principal in particular nothing in this section will apply when the goods are sent to another state