Judgment Search Results Home > Cases Phrase: finance act 2012 central chapter iii direct taxes Court: andhra pradesh Page 4 of about 231 results (0.151 seconds)

Nava Bharat Enterprises (P.) Ltd. Vs. Commissioner of Income-tax, A.P.

Court : Andhra Pradesh

Reported in : (1983)34CTR(AP)92; [1983]143ITR804(AP)

..... be said to be engaged in the 'manufacture... of goods' within the meaning of the definition of 'industrial company' in s. 2(6)(c) of the finance act, 1969, being act no. xiv of 1969.on the above findings and reasoning, the tribunal dismissed both the appeals preferred by the assessee and partly allowed the appeal preferred by the department ..... mainly so engaged, derives in any year, 51% or more of its total income from such activities.'we are of the opinion that the construction placed by the central board of direct taxes upon the definition represents the correct view. adopting the view contended for by the department would result in anomalous and inequitable result. take the ..... unless it is so satisfied, an assessee would not be called an 'industrial company'. the other view urged by mr. parvatha rao is based upon a circular of the central board of direct taxes which is found printed in para. 507 of taxmans direct taxes circulars, vol.i, at p. 851. the circular referred to is circular no. .....

Y. Sidda Reddy Vs. Government of Andhra Pradesh and ors.

Court : Andhra Pradesh

Reported in : 2006(3)ALD546; 2006(1)ALT354

..... the service rendered prior to admitting a post to grants-in-aid does not count for automatic advancement scheme.and whereas, government in g.o.(p) no. 2, finance and planning (fw.prc.i) department, dated 4-1 -1988 liberalised the scheme of advancement in service by creating another level of automatic advancement by creating special ..... .(b) during the year 1963-64, all the new colleges established after the introduction of the three-year degree courses which have not received financial assistance under the central scheme for implementing the p.u.c. and three year degree courses shall be paid a special laboratory grant limited to rs. 15/- per science student (both ..... secondary schools. it was not in respect of grants-in-aid to the colleges and other educational institutions.12. in the year 1971, the andhra pradesh intermediate education act (act 2 of 1971) came to be passed by which a system of 'intermediate examination' came to be introduced. it is an examination conducted by the board created .....

B. Archana Reddy and ors. Vs. State of A.P., Rep. by Its Secretary, La ...

Court : Andhra Pradesh

Reported in : 2005(6)ALD582; 2005(6)ALT364

..... us 220 : (1995) 132 l.ed. 2d 158 (for short, adarand constructors-1). in this case, the united states department of transportation through its central federal lands highway division awarded contract to mountain gravel and construction company. the contract provided that if the prime contractor hires sub-contractors certified as small businesses controlled ..... literacy levels and participation in social activities.the said study was done through the district minorities welfare officers and the officials of a.p. state minorities finance corporation. the previous material and study on the socio-economic conditions of minorities in the state made by the a.p. state minorities commission was ..... whole in andhra pradesh.12. the a.p. state commission for backward classes is a statutory body constituted under the a.p. backward classes commission act, 1993 (act 20 of 1993). the commission was constituted in accordance with the directions of the supreme court in indra sawhney v. union of india (129 supra .....

Smt. K. Durga Rani and Another Vs. Appropriate Authority and Another.

Court : Andhra Pradesh

Reported in : [1998]231ITR472(AP); [1998]100TAXMAN492(AP)

..... and the counter-affidavit filed by the under secretary, central board of direct taxes, department of revenue, observed that (page 548) :'........ the powers ..... of compulsory purchase conferred under the provisions of chapter xx-c of the income-tax act are being used and intended to ..... section 269ud of the act has not laid down any guidelines for pre-emptive purchase of the property relying on the historic legislative background for enacting chapter xx-c, and the instruction no. ia 88 issued by the central board of direct taxes of the government of india, ministry of finance, department of revenue .....

Y.S.C. Babu and Vs. Chairman and Managing Director, Syndicate Bank and ...

Court : Andhra Pradesh

Reported in : 2001(5)ALT706; (2002)173CTR(AP)151; [2002]253ITR1(AP); [2002]120TAXMAN88(AP)

..... to note that the definitions contained in section 17 are only for the purposes of sections 15 and 16 and not for any other sections of the act. the finance act, 1987, inserted clause (10c) in section 10 to provide that any payment received by an employee of a public sector company at the time of ..... his voluntary retirement in accordance with any scheme which the central government may, having regard to the economic viability of the public sector undertaking and other relevant circumstances, approved in ..... (vii) an indian institute of technology within the meaning of clause (g) of section 3 of the indian institutes of technology act, 1961 (59 of 1961); or... (viii) such institute of management as the central government may, by notification in the official gazette, specify in this behalf ;' at the time of his voluntary retirement or termination .....

White Circles Oxides Ltd., Rep. by Its Managing Director, M.V. Ramana ...

Court : Andhra Pradesh

Reported in : 2008(2)ALT257

..... of such secured creditors, have taken any measures to recover their secured debt under sub-section (4) of section 13 of that act.(2) without prejudice to the provisions of sub-section (1), the central government or the reserve bank or a state government or a public financial institution or a state level institution or a scheduled bank may ..... from the department of science and technology obtained on 29.3.2007.further, as per section 13(9) of the act in case of financing of a financial asset by more than one secured creditor or consortium financing, no secured creditor shall be entitled to exercise any of the rights conferred on him unless such exercise is agreed upon ..... pay the secured debt.further strong reliance was placed on sub-section (9) of section 13 of the act which reads as under:in case of financing of a financial asset by more than one secured creditors or joint financing of a financial asset by secured creditors, no secured creditor shall be entitled to exercise any or all of .....

Srinivasa Resorts Limited and anr. Vs. State of Andhra Pradesh and ors ...

Court : Andhra Pradesh

Reported in : 2002(1)ALD598; 2002(1)ALT738

..... with any establishment and includes an apprentice and any clerical or other staff of a factory or an industrial establishment who fall outside the scope of the factories act, 1948 (central act 63 of 1948); but does not include the husband, wife, son, daughter, father, mother, brother or sister of an employer or his partner, who ..... that this provision imposes an unreasonable restriction on the petitioners'right to carry on business and is liable to be struck down as unconstitutional.35. in peerless general finance and investment co. ltd. v. r.b.i., : 1991crilj1391 , it has been held:article 19(1)(a) provides fundamental rights to all citizens to carry ..... not mean that smaller units will be burdened with a harsher,oppressive and more onerous statutory obligations than their big brothers. the payment of gratuity act covers the field. both the state act and the central act, in view of sub-section (5) of section 47, deal with the matter relating to gratuity. in ramachandra mowa lal v. state .....

Rakesh Gupta and Others, Etc. Vs. Hyderabad Stock Exchange Ltd. and Ot ...

Court : Andhra Pradesh

Reported in : AIR1996AP413; 1996(2)ALT757; [1999]96CompCas645b(AP)

..... in the case of a stock exchange which is an incorporated asso-ciation, its memorandum and articles of association. section 8 of the act provides as follows: 'power of central government to direct rules to be made or to make rules: (1) where, after consultation with the governing bodies of slock exchange ..... or persons having experience in activities relating to securities market e.g., sub-broker, investment advisor, corporate analyst or experience in a merchant banking concern or finance department of a company or in an audit firm. age: (a) should have completed 21 years ofage as on 30-6-1993; (b) should ..... clause, admit as member the following corporations, companies or institutions, namely- (a) the industrial finance corporation, established under the industrial finance corporation act, 1948 (15 of 1948); (b) the industrial development bank of india, established under the industrial development bank act, 1964 (18 of 1964); (c) the life insurance corporation of india, established under the .....

Sri Chakra Financial Services Limited(Fo Vs. the Commissioner of Incom ...

Court : Andhra Pradesh

..... purposes, the ao had to examine as to which of the two systems reflected the real income of the assessee under the head of finance charges. section 145 of the act dealing with the method of accounting reads as under:"section 145. method of accounting.-(1) income chargeable under the head" profits and gains ..... , hyderabad, however assessed the income of the assessee at rs.6,77,460/-. this assessment was based on disallowance of deductions and consequential additions in connection with finance charges, loss on revaluation of shares and notional interest on interest free ..... 'the act') is as to the methodology of computation of the assessee's income from finance charges.2. the assessee is a public limited company engaged in the business of leasing, hire purchase and finance. for the assessment year 1987-88, it admitted a loss of rs.7,09,738/-. the assistant commissioner of income tax, central circle-iii .....

Sirpur Paper Mills Ltd. Vs. Director of Inspection, Customs and Centra ...

Court : Andhra Pradesh

Reported in : 1983(12)ELT457(AP); [1982]136ITR120(AP)

..... been shown herein. 6. a special duty of the excise equal to 20% of the total amount of duty of excise chargeable under the central excises and salt act was levied under the finance acts, 1968 and 1969, relevant for the official years 1968-69 and 1969-70. 7. the petitioner applied in the two financial years 1968-69 ..... director of inspection : [1972]84itr811(delhi) . for one thing, though the special excise duty is imposed under section 27 of the finance act, 1973, it can be levied and collected only under the central excises and salt act in view of the provisions of sub-section (4) of that section. secondly, the special excise duty is treated as an addition ..... b), 'duty of excise' is defined as 'duty of excise leviable under the central excises and salt act, 1944'. now, the special duty of excise is not leviable under the central excises and salt act, as it is leviable under ss. 39 and 31 of the finance acts of 1968 and 1969, respectively. therefore, while quantifying the goods cleared by the .....