Judgment Search Results Home > Cases Phrase: finance act 2006 section 2 income tax Page 17 of about 354,094 results (0.928 seconds)

Engineering Analysis Centre Of Excellence Private Limited Vs. The Comm ...

Court : Supreme Court of India

..... mark or similar property ; (iii) the use of any patent, invention, model, design, secret formula or process or trade mark or similar property ; 15 inserted by the finance act 1976 (66 of 1976), sec 4(b) (w.e.f. 1-6-1976). 30 (iv) the imparting of any information concerning technical, industrial, commercial or scientific knowledge, experience or skill ; 16( ..... , the expanded definition of royalty did not exist.20. shri kunal verma, learned advocate appearing on behalf of infineon technologies india pvt. ltd. in c.a. no.2006/2019, argued that in any case, in the facts of his case, the payments made by the assessee were in the nature of reimbursement of costs under a cost ..... of2018civil appeal no.8722 of2018civil appeal no.8724 of2018civil appeal no.8725 of2018civil appeal no.9551 of2018civil appeal no.786 of2021(@ slp(c) no.450 of2019 civil appeal no.2006 of2019civil appeal no.790 of2021(@ slp(c) no.6736 of2020 judgment r.f. nariman, j.1. leave granted.2. the appeals in these cases are by both .....

M.m. Aqua Technologies Ltd. Vs. Commissioner Of Income Tax, Delhi - Ii ...

Court : Supreme Court of India

..... reasoning of the itat in some detail and then the arguments of counsel for the appellant and respondent. in para 8, the judgment then set out section 43b with explanation 3c, which was inserted by the finance act, 2006 6 retrospectively w.e.f. 1.4.1989. the high court concluded, based on explanation 3c, as follows: 10. now, explanation 3c, having retrospective effect ..... . bhagwati autocast ltd., 2002 scc online guj 381 which was not a case covered by section 43-b(d) rather was a case of section 43-b(a). the provision of section 43- b covers a host of different situations. the statutory explanation 3-c inserted by the finance act, 2006 is squarely applicable in the facts of the present case. it appears that the attention .....

M/s.muthoot Leasing And Finance Ltd. Rep. By Its Managing Director Vs. ...

Court : Supreme Court of India

..... in association of leasing and financial service companies v. union of india and others16, wherein in the context of levy of service tax by section 65(105)(zm) read with section 65(12) of the finance act, 1994, as amended, banking and financial services were brought to tax. in the context of the said enactment, this court deemed it appropriate ..... binding precedent under article 141 of the constitution of india. 6 air1966sc1178 7 ita no.1275 of 2006. 8 slp(c) no.14202 of 2008. civil appeal nos.10201-10202 of 2010 & ors. page 7 of 219. section 2(7) of the act, post amendment with effect from 1st october 1991, reads as under: (7) interest means interest ..... the impugned judgment is not in consonance with the above decisions of this court. 13 ita1275of 2006. 14 ita1280of 2006. civil appeal nos.10201-10202 of 2010 & ors. page 13 of 2115. however, the learned counsel for the revenue has relied on sundaram finance limited (supra), which decision had also been relied upon by the high court of kerala .....

The Principal Commissioner, Vs. M/s Ennoble Construction,

Court : Karnataka Dharwad

..... ) to the proviso, the second defect was removed, but not the first. in support of this argument, counsel relied upon section 23(5) as it stood, before it was amended by section 14 of the finance act, 1956. relying upon this scheme of levying tax, it was urged by counsel for the respondent that as the registered firm was ..... accordingly rejected, as contended by the standing counsel for the appellant/revenue. 11.the income tax department in the assessment order of the assessment year 2006-07, action under section 132 of the act, 1961, was carried on in the case of the assessee at no.6/4, ennoble house, raghavachari road, ballari along with other group ..... ennoble constructions, no.6/4, ennoble house, raghavachari road, ballari. in the instant case, it had filed the income tax return relating to the assessment year 2006-07 which dealt with the issues in respect of itat whereby the impugned order has been challenged under this appeal by the appellant/revenue. but the itat substantially considered .....

Nitin Kumar Saraf Huf Vs. Union of India Through Secretary Ministry of ...

Court : Jharkhand

..... have been argued, at length, by the counsels for the petitioners and it has been submitted that section 234e as well as section 271h have been incorporated by way of finance act, 2012 in the income tax act, 1961. there is a provision under section 271h regarding penalty for not furnishing the statement for the tax deductible or receivable, the minimum penalty ..... and another vs. state of haryana and others reported in (2006) 7 scc241 if the fee is collected, but there is no expenditure for the services rendered whatsoever, in these eventualities there is no legal competence or authority with ..... to the decision rendered by the hon'ble supreme court in case of vijayalakshmi rice mill and others vs. commercial tax officers, palakol and others reported in (2006) 6 scc763(para 28 and other paragraphs) and also looking to the decision rendered by the hon'ble supreme court in case of jindal stainless ltd.(2) .....

P.D. Sharma and ors. Vs. Union of India (Uoi) Through

Court : Central Administrative Tribunal CAT Delhi

..... others, who are junior/senior hindi translators in the income tax department, which is a subordinate office of ministry of finance (department of revenue), in this original application filed by them under section 19 of the administrative tribunals act, 1985, seek a writ in the nature of certiorari so as to quash order dated 17.5.2004 vide ..... in view of the divergent opinion expressed in the matter, the bench seized of the matter, in view of provisions contained in section 26 of the administrative tribunals act, 1985, vide order dated 29.8.2006 framed issues and points of disagreement as under: (i) whether the government's decision to extend the revised pay scale only to ..... in consonance with the principle of - equal pay for equal work-?shri pradeep raj sharma and ors. v. union of india and ors. decided on 26.7.2006 is to be followed on the doctrine of precedent having formulated issues on disagreement, the matter was referred to the chairman on administrative side for appropriate action and .....

Commissioner of Income-tax Vs. Krishi Utpadan Mandi Samiti

Court : Allahabad

Reported in : [2010]186TAXMAN460(All)

..... (29) was omitted and since it wanted exemption under section 11 of the act, it should have filed the application for registration immediately after the finance act, 2002 came into force i.e., 1-4-2003. no reason had been given for the delay from 1-4-2003 till 27-3-2006 when the application was filed for the first time and, therefore, there is ..... (20) as well as section 10(29) of the act before its deletion. after the amendment in section 10(20) brought by the finance act, 2002, the assessees were required to get registration under section 12a with effect from 1-4-2003. almost in all the cases, for this purpose, after getting necessary permission, applications were filed in the month of march, 2006. so, the assessees were .....

Malwa Texturising (P) Ltd. Vs. Cit

Court : Madhya Pradesh

Reported in : (2006)204CTR(MP)555

..... , appeal or reference with the leave of the court, furnish proof of such withdrawal along with the intimation referred to in sub-section (2). '13. sub-section (2) of section 90 of the finance (no. 2) act, 1998 quoted above provides that the declarant shall pay the sum determined by the assessing authority within thirty days of the passing of ..... the assessee and if so, whether such an appeal stood withdrawn when such an order was issued under sub-section (2) of section 90 of the finance (no. 2) act, 1998 by the designated authority.12. section 90 of the finance (no. 2) act, 1998 is quoted hereinbelow :'90. time and manner of payment of tax arrear(1) within sixty days from ..... today delivered an order (reported as cit v. malwa textunsing (p) ltd, (2006) 204 ctr (mp) 549) holding that the aforesaid order dated 16-1-2004 passed by the tribunal was outside the scope and purview of section 254(2) of the act which was confined only to rectification of any mistake apparent from the record and have .....

Commissioner of Income-tax Vs. Investment Trust of India Ltd.

Court : Punjab and Haryana

Reported in : [2009]184TAXMAN381(Punj& Har)

..... depreciation was not allowable as the asset did not exist and on that ground, depreciation had been disallowed in the earlier assessment year. accordingly, notice under section 154 of the act was issued and order of rectification, disallowing the depreciation, was passed. cit(a) set aside the disallowance on the ground that the same was beyond the ..... kumar goel, j. 1. the revenue has preferred this appeal under section 260a of the income-tax act, 1961 (for short, 'the act') against the order of income-tax appellate tribunal, chennai bench 'a' passed in i.t.a. no. 120/mds./99 dated 19-5-2006 for the assessment year 1993-94, proposing to raise following substantial question of ..... of the act. the said view has been upheld by the tribunal. the tribunal observed that the business of the assessee was of hiring out the machinery and, depreciation was permissible, as held by the hon'ble supreme court in cit v. shaan finance (p.) ltd. : [1998] 231 itr 308 : 97 taxman 435. it was further observed .....

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

..... note indicates that amc (s) is covered by the explanation and, therefore, amc(s) is entitled to the continuance of the benefit of exemption even after finance act, 2002. further, in the explanation to section 10(20) there are three items - item (i) refers to 'panchayat', item (ii) refers to 'municipalities' whereas item (iii) refers to 'municipal ..... : whether agricultural marketing committee [amc (s)] is a 'local authority', so as to be entitled to the benefit under section 10 of the 1961 act after insertion of the explanation in section 10(20) vide finance act, 2002 w.e.f. 1.4.2003.25. before analyzing the above question, we quote herein below a comparative chart containing ..... , also failed.8. aggrieved by the decision of the tribunal, the appellant moved the high court by way of income tax appeal no.819/2006 under section 260a of the 1961 act. by impugned decision dated 2.6.06, delhi high court following its earlier judgment in the case of agricultural produce market committee, azadpur v. .....