Court : Rajasthan
Reported in : (2003)180CTR(Raj)392
..... neither constructed the house nor the house has been constructed by rajasthan housing board in the previous year, therefore, assessee is not entitled for any deduction of section 80c of the act.3. in appeal before the dy. cit(a), dy. cit(a) directed the ao to allow the claim of the assessee.in appeal before the ..... residential house property, the assessee is entitled for deduction of that amount as provided under section 80c of the act.5. clause (a) of sub-clause (ii) provides that any instalment or part-payment of any amount due under any self-financing or other scheme of any development authority, housing board or other authority engaged in the ..... construction and sale of house property on ownership basis, the assessee is entitled for deduction under section 80c of the act,6. no such provision is there under section 80c of the act, which requires that a house .....
Tag this Judgment!Court : Rajasthan
Reported in : (2002)75TTJ(NULL)172
..... remaining instalments of advance tax which are due or where no such instalment are due by the 31st day of march of the financial year. '(iii) further, by finance act (no. 2), 1996, had substituted the words remaining instalments of advance tax which are due or where no such instalments are due' for the earlier words 'instalment ..... tax, i.e., pay as you earn. it was held in the case of cit v. jindal irrigation systems ltd. (supra) as under:'section 234c, read with section 210 of income tax act, 1961, advance tax interest or default in payment of assessment year 1989-90. assessee commenced business 15 days before first instalment of advance tax was ..... of the said amount in the remaining instalment or instalments accordingly, therefore, the assessee is liable to pay advance tax in accordance with the provisions of sub-section (2) of section 210 as and when income has arisen or accrued.15. the learned departmental representative has contended that the case of the assessee is not covered by the .....
Tag this Judgment!Court : Rajasthan
Reported in : (2004)191CTR(Raj)472; [2004]271ITR444(Raj)
..... amount left. he further submits that even the amendment has been made to this effect in 1998 by insertion of sub-section (9a) after sub-section (9) of section 80ia by finance (no. 2) act, 1998, w.e.f. 1st april, 1999, therefore, deduction under section 80-ia should be allowed on the balance amount.5. on the other hand, shri anant kasliwal, learned counsel for ..... j.p. tobacco products (p) ltd. v. cit (supra) at p. 125 observed as under :'sub-section (9) of section 80hh, as it stood prior to insertion of section 80-i by the finance (no. 2) act, 1980, w.e.f. 1st april, 1981, originally included only section 80j. section 80j providing for deduction in respect of the profits and gains from newly established industrial undertakings or .....
Tag this Judgment!Court : Rajasthan
Reported in : RLW2009(4)Raj3109
..... chief judicial magistrate no. l, kota. the trial court after recording statement of the general power of attorney holder vide order dated 1.12.2005 took cognizance against the petitioners herein under section 138 of the act. feeling aggrieved of the said order of the trial court, the petitioners have approached this court by filing the present petition under ..... behalf of his principal nawal kishore and the complaint filed also speaks so.10. in the light of the decision of the apex court in the matter of shanker finance & investments (supra), the judgments cited by the learned counsel for the petitioner are of no help as the same are contrary to what the apex court has ..... simplicitor is in the name and on behalf of the 'payee'. therefore, the requirements of section 142 of the act are fulfilled.8. the observation so made is fortified by the judgment of the apex court in the matter of shanker finance and investments v. state of andhra pradesh and ors. 2008) 8 scc 536 wherein their lordships .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR1978Raj31; 1976(9)WLN835
..... notice referred to in the aforesaid ruling is tobe given and published in accordance with sub-section (4) of section 45 under sub-section (5) of section 4 of the amended section of act no. xxiv of 1953 (rajasthan act). section 4 (1) of the amended act no. xxiv of 1953 does not create a right in the interested persons to file ..... , it was urged that owing to the non-compliance of the provisions of the land acquisition (companies) rules, 1963 the notice issued under sub-section (1) of section 4 of the act no. xxiv stood vitiated, end the further proceedings taken thereafter are also liable to be quashed. the central government framed and enforced land acquisition ..... that the land acquisition (companies) rules, 1963 have been framed by the central government under section 55 of the land acquisition act, 1894 (act no. 1 of 1894). sub-section (2) of section 1 of this act provides that the provisions of the act extend to the whole of india except the territories which immediately before nov. 1, 1956 .....
Tag this Judgment!Court : Rajasthan
Reported in : [1987]163ITR570(Raj)
..... the taxability of the aforesaid two assets and, therefore, the belief was formed that the wealth was below the taxable limit. it was also contended that only after the finance act, 1971, came into force was personal jewellery made taxable. the petitioner was not conscious of the fact that the personal jewellery was taxable. the tribunal, vide its order ..... wta no. 313/jp/1979, dated august 8, 1981, has been preferred before this court. earlier, the tribunal was moved to make a reference under section 27(1) of the wealth-tax act, but the tribunal declined to make a reference, vide its order dated january 29, 1980 (sic).2. the return of net wealth was due to ..... appears that she was prevented from filing the return by reasonable cause.3. on behalf of the revenue, it was contended that the assessee having moved an application under section 18(2)(a) admitted the default and, therefore, could not argue otherwise under the order under appeal. the contention of the assessee was accepted and the order .....
Tag this Judgment!Court : Rajasthan
Reported in : II(1991)ACC620
..... no. s.o./10 dated march 11, 1982 (paper no. c 15/2) was issued by the state government under sub-section (5) of section 1 of the act to make applicable the provisions of the act to other establishments with effect from march 28,1982. he lastly contended that the petitioner's partner parasmal bansal p.w. 1 admitted ..... power since november, 1979 in marudhar industrial area, ii phase, basni, jodhpur. the petitioner-appellant filed a petition under section 75 of the act for quashing the demand of rs. 26,183.49p. with the allegations, in short, as follows. the non-petitioner-respondents issued a demand for the recovery of ..... order of the employees' state insurance court (civil judge), jodhpur dated may 17,1988 by which it has rejected the petition of the petitioner moved under section 75 of the act. the facts of the case giving rise to this appeal may be summarised thus.2. the petitioner firm carries on dying and printing business without using any .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR1970Raj252; [1970]75ITR253(Raj); 1969()WLN365
..... appellate assistant commissioner. there it raised one more point and that was that the business income of the assessee became taxable by the amendment of section 14 (3) of the act made by the finance act, 1960 and this amendment could not take away the vested right of the assessee exempting its business income from taxation till 1st april, 1960 ..... to promulgate laws which have prospective or retrospective effect and that the argument of the assessee that it was immune from taxation under section 14 (3) of the act before its amendment by the finance act, 1960 would not assist him because later on by an amendment that im-munity has been taken away and the as-sessee is ..... rs. 15,000/-. this amendment came into effect from the 1st of april 1960 by the finance act of 1960 which received the assent of the president on 20th of april, 1960.section 1 (2) of that act provided that the provisions of that act were to come into force from 1st april, 1960. because of this amendment, assessment proceedings .....
Tag this Judgment!Court : Rajasthan
Reported in : (2004)186CTR(Raj)1; [2004]268ITR305(Raj)
..... if bottling fee is considered to be 'fee' in its technical sense of the term, the same cannot be disallowed by invoking section 43b of the it act.72. prior to clause (a) of section 43b was substituted by finance act, 1988 with effect from 1st april, 1989, it read 'any sum payable by assessee by way of tax or duty under ..... force shall be allowed only in computing the income of the previous year in which such sum is actually paid by the assessee. by an amendment by the finance act, 1988, sums payable towards cess and fee were also included which clearly indicates that the provisions as they stood at the relevant time did not include or encompass ..... leviable under the chapter, the excise commissioner may accept payment of a sum in consideration of the grant of the licence for exclusive privilege under section 24.section 34 of the rajasthan excise act states that the state government reserves its right to cancel and suspend licenses.65. it was held long back while considering the provisions of .....
Tag this Judgment!Court : Rajasthan
Reported in : (2007)210CTR(Raj)553; RLW2007(4)Raj3133
..... respect of such transfer, the value so adopted or assessed shall, for the purpose of section 48, be deemed to be the full value of the consideration received or accruing as a result of such transfer. apart from the fact that section 50c was introduced by the finance act, 2002 w.e.f. 1st april, 2003 and was not available when the subject compulsory ..... years. valuation of the property has now increased to rs. 20-25 crores. it was submitted that the vendor had served a notice on the prospective buyer on 27th april, 2005 to pay an interest of 20 per cent per annum in addition to the contracted amount. the balance amount payable on as 31st march ..... , 2005 was more than rs. 285 lacs. the learned counsel placed reliance on the judgment of hon'ble supreme court (sic-gujarat high court) in d.j. works v. dy. cit : [ .....
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