Judgment Search Results Home > Cases Phrase: finance act 2007 section 1 short title and commencement Court: rajasthan Page 10 of about 605 results (0.088 seconds)

Commissioner of Income-tax Vs. Rathi Gum Industries.

Court : Rajasthan

Reported in : (1995)127CTR(Raj)413; [1995]213ITR98(Raj)

..... treating him as the assessee in default. sub-section (1a) of the said section fastens the liability to pay simple interest at the rate of 12 per cent. per annum on the amount of tax from the date on which the tax was deductible till the date the tax was actually paid. the finance act of 1966 has made certain amendments by which ..... it was held that the employer could not be deemed to be an assessee in default within the meaning of section 201 of the income-tax act, 1961, for not deducting at source tax payable on the amount. the provisions of section 201 require deduction of tax at source in respect of the matters referred to therein and failure to deduct the ..... questions of law arising out of its order dated december 3, 1986, in respect of the assessment year 1980-81 under section 256(1) of the income-tax act, 1961 :'(1) whether the tribunal was right in concluding that interest under section 201 need not be levied on the assessee for non-deduction of tax at source for payment covered under .....

Official Liquidator, Karachi Mutual Assurance Co. Ltd., Ajmer Vs. L.B. ...

Court : Rajasthan

Reported in : AIR1960Raj294

..... directors at all. they having done so, the directors themselves should be deemed to have created the charge, and thus infringed section 8 of the insurance act. section 13 of the rct habilitation finance administration act of course provides that the assets created from the loan shall, notwithstanding any law or usage to the contrary, be deemed to ..... deposited this amount with the reserve bank of india for the purpose of carrying on the life insurance business under section 98(2) of the act. it is submitted that by virtue of section 13 of the rehabilitation finance administration act, there was a charge attached to the loan itself, and, therefore, it should not have been taken by ..... their own created such a charge. the charge was created by operation of law and it was no fault of the directors if section 13 of the rehabilitation finance administration act had an overriding effect notwithstanding any law or usage to the contrary.7. it is next contended that the directors should not have taken .....

East India Hotels Ltd. and Another Vs. the State of Rajasthan and Othe ...

Court : Rajasthan

Reported in : 2001(3)WLC62

..... (mentioned in the appended schedule) raise an interesting question of law in the matter of one lime tax scheme introduced by way of insertion of section 3(1b) of the finance act, 1989 (act no. 6 of 1989)(2). the questions for our consideration are that:-(1) whether, fresh assessment is permissible under the law in respect of ..... in 1964 or when it came into force in 1973 and, therefore, sections 13, 15 and 15b of the act cannot and need not be compared with section 3 (1b) of the act which has been subsequently introduced by the rajasthan ordinance of 1988 or by the finance act, 1989; and, the two provisions deal with altogether separate situations. land and ..... introduced in 1964 or when it came into force in 1973 and, therefore, sections 13, 15 and 15b cannot and need not be compared with section 3(1b) of the act which has been introduced subsequently by the rajasthan ordinance of 1988 or by the finance act, 1989; and, the two provisions deal with separate situations altogether. (5) the .....

East India Hotels Ltd. and anr. Vs. State of Rajasthan and ors.

Court : Rajasthan

Reported in : AIR2001Raj286; [2001]250ITR789(Raj); 2001(4)WLN217

..... mentioned in the appended schedule) raise an interesting question of law in the matter of the one-time tax scheme introduced by way of insertion of section 5(1b) of the finance act, 1989 (act no. 6 of 1989).2. the questions for our consideration are :'(1) whether, fresh assessment is permissible under the law in respect of the ..... in 1964 or when it came into force in 1973 and, therefore, sections 13, 15 and 15b of the act cannot and need not be compared with section 3(1b) of the act which has been subsequently introduced by the rajasthan ordinance of 1988 and by the finance act, 1989 ; and, the two provisions deal with altogether separate situations. land ..... introduced in 1964 or when it came into force in 1973 and, therefore, sections 13, 15 and 15b cannot and need not be compared with section 3(1b) of the act which has been introduced subsequently by the rajasthan ordinance of 1988 or by the finance act, 1989 ; and, the two provisions deal with separate situations altogether.(5) the .....

Dharmi Lal Dama Vs. State of Rajasthan and ors.

Court : Rajasthan

Reported in : RLW2009(1)Raj896; 2009(1)WLN152

..... prescribing the age of superannuation, but a resolution of the board of management of the sangh (resolution no.38) having nature similar to the provisions of section 28 of the act of 1953 is in operation, as such it can be safely said that the amendment introduced in rule 56 vide notification dated 24.5.2004 being integral ..... is open for any body or everybody to adopt and apply qertain provisions if not otherwise restricted by its own rules or regulations. the clarification made by the finance secretary of the government of rajasthan in no way stops application of the rsr or any other provision made by the state of rajasthan, if already accepted and adopted ..... sangh that this court in mangilal shah v. rajasthan janjati kshetriya vikas sangh ltd. and anr. (s.b. civil writ petition no.6732/2005), decided on 2.5,2007, while dealing with the same issue held as follows:the state government enhanced the superannuation age from 58 to 60 years for its employees, however, the respondents failed to .....

M/S. Shiva Mines and Mineral Vs. State of Raj. and anr

Court : Rajasthan Jodhpur

..... . the provisions of main enactment as also the rules framed thereunder have been complete violated while framing assessment orders. definition of 'land' as given in section 38 (c) of the rajasthan finance act, 2006 has also not been taken into consideration. the provisional assessment lists were finalised without considering the objections submitted by the petitioners and without s.b. ..... including the rules framed thereunder has already been upheld by this court.4. the coordinate bench of this court (jaipur bench) in s.b.c.w.p. no.9972/2007- mohd. jamil vs. state of rajasthan & ors., decided on 04.03.2011 and other connected writ petitions, has held has under: so far as the objection of ..... requirement of rule 5, supra. moreover, the government could not retrospectively by notice u/s. 42 (4) dated 23.2.2007 make the assessment orders effective from 25.9.2006, the date on which the act was enforced because an assessment order can be passed only after s.b.c.w.p. no.2231/2009 m/s shiva mines .....

Vijay Kumar Sharma Vs. State of Raj. and anr

Court : Rajasthan Jodhpur

..... . the provisions of main enactment as also the rules framed thereunder have been complete violated while framing assessment orders. definition of 'land' as given in section 38 (c) of the rajasthan finance act, 2006 has also not been taken into consideration. the provisional assessment lists were finalised without considering the objections submitted by the petitioners and without s.b. ..... including the rules framed thereunder has already been upheld by this court.4. the coordinate bench of this court (jaipur bench) in s.b.c.w.p. no.9972/2007- mohd. jamil vs. state of rajasthan & ors., decided on 04.03.2011 and other connected writ petitions, has held has under: so far as the objection of ..... requirement of rule 5, supra. moreover, the government could not retrospectively by notice u/s. 42 (4) dated 23.2.2007 make the assessment orders effective from 25.9.2006, the date on which the act was enforced because an assessment order can be passed only after s.b.c.w.p. no.11750/2009 vijay kumar sharma .....

Assistant Commercial Taxes Officer, Ward B, Vs. National Bricks and Li ...

Court : Rajasthan

Reported in : [1980]45STC295(Raj)

..... powers. it may also be pointed out that in the bengal finance (sales tax) act, 1941, which is extended to the union territory of delhi, section 12f was introduced by the finance act of 1972, which made a similar provision as was made in section 19(3) of the bombay sales tax act, 1959.11. in view of the aforesaid discussion, we are ..... the supreme court to come to the conclusion that a dissolved firm could be assessed in respect of its pre-dissolution turnover under the bombay act. under sub-section (3) of section 5 of the bombay act, it was observed by their lordships of the supreme court, the liability of a firm to pay sales tax continued, until the cancellation ..... liability of the dissolved firm to be assessed to sales tax in respect of the goods thus deemed to be sold.7. significantly, in the bombay sales tax act, 1959, section 19(3) was introduced which made a clear provision for assessment of a firm after dissolution, by providing that every partner shall be jointly and severally liable .....

Bindu Prasad Soni Vs. Union of India and anr.

Court : Rajasthan

Reported in : (2002)176CTR(Raj)165

..... the government of india introduced the scheme in the name of kar vivad samadhan scheme, 1998, under chapter iv of finance act, 1998, with a view to provide a quick and voluntary settlement of tax dues as on 31-3-1998, both in various direct tax enactments as well as ..... hearing. in these circumstances, it is obligatory for the designated authority to proceed with the declaration proceedings as provided under sub-clause. (1) and sub-clause. (2) of section 90. accordingly we direct the designated authority to proceed in accordance with law on the declaration filed by the petitioner.8. in view of this direction the petitioner seeks permission ..... be prescribed to the declarant setting forth therein the particulars of the tax arrear and the sum payable after such determination towards full and final settlement of tax arrears.'section 95 is the most relevant provision and has a direct bearing on the controversy involved in the instant case. the provision is extracted as follows:'95. the provisions .....

Hanuman Mal Sekhani Vs. Commissioner of Wealth-tax

Court : Rajasthan

Reported in : (1986)57CTR(Raj)185; [1987]168ITR364(Raj)

..... not comprehensive enough so as to include gold ornaments not studded with precious or semi-precious stones prior to the insertion of explanation 1 to section 5(1)(viii) by the finance (no. 2) act, 1971, with effect from april 1, 1972. in this view of the matter, we uphold the view taken by the income-tax appellate ..... ' but not including jewellery ' at the end of the clause and two explanations were also added by the same amending act. thus, section 5(l)(viii), as it stood after its amendment by the finance (no. 2) act of 1971, reads as under :'(viii) furniture, household utensils, wearing apparel, provisions and other articles intended for the personal ..... cwt : [1981]132itr868(mp) and held that the intention of parliament in adding the words ' but not including jewellery' in section 5(1)(viii) retrospectively with effect from april 1, 1963, by the finance (no.2) act, 1971, and the addition of explanation 1 giving a wider meaning to the word ' jewellery ' prospectively with effect from april .....