Judgment Search Results Home > Cases Phrase: finance act 2007 section 113 amendment of section 156 Sorted by: recent Court: privy council Page 2 of about 63 results (0.011 seconds)

A.E. Rama Kurup, Editor malayali Vs. the United State of Travancore-co ...

Court : Kerala

Reported in : AIR1950Ker83; 1950CriLJ1536

..... called the malayans questioning the legality of an order passed by government whereby the license granted to the said newspaper wan cancelled. the notice given under section 6 of tha act indicated fourteen different articles of several dates, which were said to be seditious and lively (i) to excite disaffection against, and to bring into hatred ..... in travancore is manned by syrian christiana. la this syrian predominance the catholic are the beneficiaries and they are trying with the help of their union and finance to make the best use of this opportunity in bringing the maximum benefit to tba catholics. there ia a great secret behind the grand reception offered to ..... appoint, ed financial secretary and sri fattom tharni pillai who held the finanoial portfolio in the last ministry was superseded by sri a. j. john the then finance minister thereby nationalizing all banking in the state. similarly when sii 0. p. gopala paninker, secretary, has been sent out of the secretariat and the entire .....

The Indian Sugars and Refineries, Ltd. Vs. V.M.P. Malaiperumal Pillai

Court : Chennai

Reported in : AIR1950Mad755

..... in his defence.4. now i come to the really important matter to be decided, namely, whether the official assignee intervened or interfered in the suit by financing the insolvent in the litigation expecting a substantial addition to the insolvent's estate if the litigation ended favourably. i cannot see how it can be argued, ..... , to file a report and to pay the petitioner rs. 2902, the suit costs, in consequence of the official assignee having intervened in the suit and financed the insolvent by paying him rs. 1000 for conducting the litigation in the expectation of getting a decree in the suit against the petitioner and annexing its benefit ..... pillai as he was an insolvent. but the court held that as the insolvency in the negapatam court, under the provincial insolvency act, had terminated, and only the insolvency under the presidency insolvency act remained, and the official assignee had not intervened, the insolvent could file the suit and continue it till the official assignee intervened. .....

Commissioner of Income-tax, Mysore Vs. Imperial Tobacco Co. of India L ...

Court : Karnataka

Reported in : AIR1950Kant1; [1956]26CompCas121(Kar)

..... not only the kinds of things specifically described as being included in the term 'business' but also the kinds of things which are specifically mentioned in section 3, english finance act, viz., 'through or from any branch, factories, agency, receivership or management.' it was held that profits made by a company outside india on ..... premiums of participating policies collected and sent by its branch in india, by investment outside india are profits liable to tax in india by virtue of sections 3, 4 and 42 of the act ..... to be construed as constituting a partnership. the court held that the relationship was in the nature of licence and that there was 'business connection' under section 42 of the act. hira mills ltd. cawnpur v. income-tax officer, cawnpur : [1946]14itr417(all) relied upon in support of the contention to the contrary is .....

Sri Gadadhar Ramanuj Das and ors. Vs. the Province of Orissa and anr.

Court : Orissa

Reported in : AIR1950Ori47

..... dairy products sales adjustment committee v. crystal dairy ltd., 1933 a c. 168: (102 l. j. p. c. 17) and reference under the government of ireland act, 1920 and section 3, finance act, (northern ireland, 1934, 1936 a. c. 352. these cases while no doubt showing that compulsion is an essential feature of taxation, do not show that it is ..... his contributions is in fact taxation it is not necessary finally to decide.'23. mr. basu then relied on in re a reference under the government of ireland act, 1930 and section 3, finance act (northern ireland) 1934, (1936) a. c. 352. but that decision is of no help in deciding the main question in she present case. there ..... of a commissioner and his staff vested with large supervisory and administrative powers there should be finance it is not the essence of the scheme that the finance should be raised in the particular way. section 8, sub-section (2) of the act provides that the commissioner shall receive out of the funds of the endowments such salary as .....

Lal Somnath Singh and ors. Vs. Ambika Prasad Dube and ors.

Court : Allahabad

Reported in : AIR1950All121

..... this in 1936 two applications were filed, one by ganesh pd. defendant-respondent 7 and the other by shrimati anna purna devi defendant respondent 4, under section 4, encumbered estates act. each claimed one-fourth share in village bahadurpur. the plaintiffs lodged claims that village bahadurpur was theirs. those claims were rejected by the same learned additional ..... had to file a suit to recover her share in the movables. she executed another mortgage in favour of mahabir pd., in order to raise money to finance that litigation; but the fact shows that she was in straitened circumstances. the mortgage in favour of mahabir pd. has been held to be one without legal ..... years old, that there was no proof that the widow was extravagant, wasteful or improvident or was surrounded by unscrupulous persons and that the transferee had not acted in any way unfairly or unscrupulously or did not pay full conasideration.29. kashi nath singh and sharkar nath singh never challenged the validity of the mortgage .....

In Re: Mahaluxmi Cotton Mills Ltd.

Court : Kolkata

Reported in : AIR1950Cal399,54CWN70

..... society (great britain) ltd. (1942) 1 all e. rule 414: (1942 ch. 274).14. it appears, however, that the rule is one of general application. in section 79, companies act, it is provided that a meeting of shareholders cannot be attended by a proxy holder who himself is not a shareholder. a similar rule appears in article 65 of ..... table a, companies act. in section 115 which is the section in the companies act of 1929 in england corresponding to section 79 of the indian act, there is no provision similar to the provision in section 79, companies act. the intention of the legislature in the case of meeting of shareholders was that ..... for meeting the liabilities was rs. 27,00,000 and the scheme was likely to founder for want of finance.6. on 13th march 1949, meetings of creditors and shareholders were held. mr. s. banerji, a member of the bar, acted as chairman of the meeting. the auditors' report as well as the opinion of m/s k.c. .....

Wilsons and Clyde Coal Co. Vs. Scottish Insurance Corporation

Court : House of Lords

..... holders take proceedings to enforce their security, on the ground that by exercising jurisdiction it might prejudice the inchoate rights of some person under section 25 of the coal act. i cannot think it right to accede to a suggestion which would involve so much delay and inconvenience to companies which wish to rearrange ..... is "fair and equitable." it is this discretion, vested in the court, which properly safeguards the interests of a dissenting minoritysee british and american trustee and finance corporation v. couper . the words "fair and equitable" are not used with any technical meaning, but "in the ordinary sense of those words"per lord macnaghten ..... the further duty of satisfying itself that the scheme is fair and equitable between the different classes of shareholderssee, e.g., british and american trustee and finance corporation v. couper . but what is fair and equitable must depend upon the circumstances of each case, and i propose, ignoring for the moment the particular .....

Ram Chandra Munna Lal Vs. Commissioner of Income-tax, East Punjab and ...

Court : Punjab and Haryana

Reported in : [1949]17ITR394(P& H)

..... activities of the assessee. the appeal of the assessee was also dismissed by the appellate tribunal. the assessee thereupon moved the said tribunal under section 66 of the indian income-tax act for stating the case and for referring to this court the question of law mentioned above. the tribunal disallowed the application of the assessee on ..... which the said kartar singh had agreed to pay him was allowed as a legitimate business expenditure. it is true that the assessee had described himself as the financing partners of kartar singh and the legal expenses allowed to him had been incurred after the dissolution of the so-called partnership. the true rural relationship between ..... the assessee and kartar singh, however, was not that of partnership. a money-lender who agrees to finance a business adventure of another on the latters undertaking to pay him a share of the profits in lieu of interest does not become in law a partner .....

Firm Ram Chandra Munna Lal Vs. the Commissioner of Income-tax

Court : Punjab and Haryana

Reported in : AIR1949P& H348

..... money-lending activities of the assessee. the appeal of the assessee was also dismissed by the appellate tribunal. the assessee thereupon moved the said tribunal under section 66, income-tax act for stating the case and for referring to this court the question of law mentioned above. the tribunal disallowed the application of the assessee on the ..... which the said kartar singh had agreed to pay him was allowed as a legitimate business expenditure. it is true that the assessee had described himself as the financing partner of kartar singh and the legal expenses allowed to him had been incurred after the dissolution of the so-called partnership. the true rural relationship between ..... the assesses and kartar singh, however, was not that of partnership. a money-lender who agrees to finance a business adventure of another on the tatter's undertaking to pay him a share of the profits in lieu of interest does not become in law a .....

East India Prospecting Syndicate Vs. Commissioner of Excess Profits Ta ...

Court : Kolkata

Reported in : AIR1952Cal40,[1951]19ITR571(Cal)

..... act of 1940. section 39 of the english act was as follows:'the trades and businesses to which this part of this act applies are all trades or businesses (whether continuously carried on or not) of any description ..... same to account and was therefore carrying on a business within the meaning of section 39 of the finance (no. 2) act, 1915 and was accordingly liable to be assessed to excess profits duty under the act.27. it is to be observed that the definition of 'business' in the finance (no. 2) act of 1915 was very different from the definition contained in the indian .....