Judgment Search Results Home > Cases Phrase: finance act 2012 central chapter iii direct taxes Court: mumbai Page 57 of about 763 results (0.113 seconds)

Cit Vs. Ratnagiri Distt. Central Co-op. Bank Ltd.

Court : Mumbai

Reported in : [2001]120TAXMAN77(Bom)

..... of electricity.' (p. 93)23. the other decision of the apex court relied upon by the learned counsel for the respondents is cit v. bangalore district co-op. central bank ltd. : [1998]233itr282(sc) , wherein on the facts of the case, the apex court found that the investments made by the assessee was in compliance ..... patra by various co-operatives.'15. the deputy governor of the reserve bank of india, vide his letter dated 5-10-1989 addressed to the principal secretary, finance department, government of maharashtra, has extended no objection to the cooperative banks and/or such other institutions in the state of maharashtra for making investment in ivps.16 ..... investments as securities had to be treated as profits and gains attributable to the business of the assessee which was to generate electricity as licensee under the electricity (supply) act. in the said case, the apex court further observed:'... in our view, since the expression of wider import, namely, attributable to, has been used, the .....

Zandu Pharmaceuticals Works Limited Vs. the Commissioner of Income Tax ...

Court : Mumbai

..... said to be the industrial undertaking of the assessee. the source of the import entitlements can, in the circumstances, only be said to be the export promotion scheme of the central government whereunder the export entitlements become available. there must be, for the application of the words derived from , a direct nexus between the profits and gains and the industrial undertaking ..... the sale of import entitlements could not be included in the income of the assessee for the purpose of computing the relief under section 80-hh of the income tax act, 1961? the question therefore, was converse to the one before us. the supreme court held as under:- 12. crude petroleum is refined to produce raw naphtha. raw naphtha is further ..... s.j. vazifdar, j. 1. this is an appeal under section 260a of the income tax act, 1961 against the order of the income tax appellate tribunal dated 1.8.2006 in a group of income tax appeals pertaining to various assessment years. the present appeal is .....

M/S. Central Cables Limited and Others Vs. the Union of India, Through ...

Court : Mumbai Nagpur

..... in future. 10. the communication dated 04.08.1997 sent by petitioner no.2 in the capacity of president of vidarbha's economic development council to the commissioner, central excise, nagpur, is mentioned in show cause notice as also used in the impugned order. the fact that copy of said communication was supplied to the petitioners along ..... to be interpreted by this court in present matter and hence writ petition has been rightly entertained. 9. we have noted that the provisions of the customs act, 1962, prevailing in 2012-13 were referred to by the counsel. the attention was also not invited to the question of transhipment permit and the rules, regulating such transhipment. both the ..... .t. 364 (bom.), present writ petition cannot be and could not have been entertained. an order dated 10.09.2012 in writ petition no.5410 of 2011 (m/s. gmmco limited vs. union of india thr. ministry of finance, new delhi and ors.) is also pressed into service. lastly, it is urged that if this court finds that .....

Sonali Pramod Dhawde Vs. Central Bank of India and Another

Court : Mumbai

..... (supra). 56. further, it is noticed that the decision of the kerala high court in the case of federation of central government sc/st employees (kerala) kochi refineries unit, cochin (supra), was carried in appeal before the apex court being ..... 1000 probationary officers are to be declared shortly. ** appointment letter not issued to 139 selected candidates which comprises 50 agriculture finance officers and 89 mbas/cas through campus mode in view of the court's order. 40. to start with the ..... , as per its recruitment policy dated 5.3.2009. 4. the petitioners have filed this petition on 26.11.2012, after becoming aware about the pendency of other petitions in this court challenging the selfsame recruitment policy that allows filling ..... and in the jettisoning of the scheme of public employment adopted by us while adopting the constitution. the approving of such acts also results in depriving many of their opportunity to compete for public employment. ..... 26. ................ this court, in our .....

Central Bureau of Investigation Vs. Bhupen Champaklal Dalal and Others

Court : Mumbai

..... into make, sign and execute contracts and generally to look after, manage and conduct the business of bcd as shares, stock, finance, brokers and all the business in which the bcd was interested and to do all acts deeds, matters and things particularly or generally as accused no.1., the grantor could do if the power of attorney was not made ..... him, they would help the court in appreciating the entire evidence adduced in the court during trial. 97. in the case of alisteranthony pareira vs. state of maharashtra (2012) 2 scc 648) the accused was charged with the offence of rash and negligent driving in drunken condition causing death of and injury to several persons and charged under section ..... accepting the explanation of the accused in para 76 of the judgment from such evidence only. 98. in the case of ramnareshand ors. vs. state of chhattisgarh air 2012 sc 1357 which was a case of gang rape and murder, it has been held in para 22 of the judgment that if the accused does not avail of the .....

S.H. Kelkar and Co. Ltd. Vs. Deputy Commissioner of Income Tax.

Court : Mumbai

Reported in : (1994)49TTJ(Mumbai)262

..... /86-ck, dt. 1st march, 1986, to cover inputs and end products classifiable under the specified chapters of central excise, tariff act, 1986, by introducing rr. 57a to 57p in the central excise rules, 1944. the finance ministers speech provides the following basis of the scheme :'114. the modvat scheme provides a transparency which discloses the ..... implement the modvat scheme in stages. as a first measure, i propose to introduce modvat scheme for a goods covered by 37 specified chapters of the central excise traffic act, 1985. the scheme as a result would cover products of chemical and allied industries, paints and packaging materials, plastics, glass and glassware, rubber products, ..... in the finance bill, 1986, realising the vexatious question of taxation of inputs and its cascading effect on the value of final products. the proforma credit scheme, prevailing under r. 56a of the central excise rules, 1994 was a first step towards that. it provided some relief but was restricted to the cases .....

Associated Cement Co. Ltd. Vs. Income Tax Officer

Court : Mumbai

Reported in : (2000)68TTJ(Mumbai)220

..... fair and honest estimate of the employees' income. with regard to the decision of the madhya pradesh high court (supra) commissioner (appeals) observed that the company had not acted honestly and fairly and, therefore, the decision was not applicable to the present case. with regard to the drivers' salary, commissioner (appeals) was of the view that valuation ..... to its employees and had deducted tax at source on the basis of estimated incomes of the respective employees. survey operations were carried out under section 113a of the act on 5-12-1994, at the business premises of the assessee. in the course of survey proceedings, it was observed that the assessee had allowed exemption of ..... to the central government, at the most it is a case of short deduction of tax, for which section 201 cannot be applied.11. the last argument raised by the learned counsel is an important contention raised before us and gives a new dimension to the entire gamut of the provisions of chapter xvii of the act. as .....

Ship Scrap Traders and ors. Vs. Cit and ors.

Court : Mumbai

Reported in : (2001)168CTR(Bom)489

..... is found and the meaning of the word associated with it. the words manufacture and production have received extensive judicial attention both under the act as well as the central excises act and the various sales-tax laws. the word production has a wider connotation than the word manufacture. in order to appreciate and understand the ..... how the ship-breaking activities are carried out and tried to impress upon us that it is a systematic organised commercial business venture involving the component of finance, labour, skill so as to give birth to altogether a new identifiable commercial product i.e., articles or things different from its original raw material i ..... or things. in almost all cases, the assessees are claiming that they are treated as industrial undertakings by various tax authorities. they are holding licence under central excise rules, 1944 as iron and steel obtained by breaking of ships are excisable and that they are registered as small scale industrial units with the director .....

Tata Chemicals Limited Vs. Deputy Commissioner of Income-tax.

Court : Mumbai

Reported in : (1998)60TTJ(Mumbai)384

..... gazette notification.13. mr. vyas then submitted that as per art. 77(1) of the constitution of india, all executive acts of the central government are to be in the name of the president of india and when r. 2(ii)(b) of the itat ..... event, mr. modi was at present not with the it department, but has gone on deputation as osd in the ministry of finance and, therefore, he was not subject to the jurisdiction of the chief cit/dgit so far as his posting and transfer were ..... the prayer should be granted or not irrespective of what the other side had to say. he cited nulon india ltd. v. collector of central excise and v. v. trans investments (p) ltd. v. cit ( : [1994]207itr508(ap) in this regard. he pointed out ..... the original and appellate jurisdictions continued to be marked due, as we have seen, to historical reasons, the functions of pleading and acting, which a legal practitioner normally combines in his own person were bifurcated and assigned, following the usage and the peculiar constitution of .....

E.S. Sanjeeva Rao Vs. Central Bureau of Investigation)(C.B.i.), Mumbai ...

Court : Mumbai

..... proceedings against the said judge. it, therefore, follows that if there is any other material which is available with the state or central government or higher judicial authorities which could show that the act of the judge was not in discharge of his official duty then the protection was not available and the said judge could be prosecuted ..... (1) brajanandan sinha vs. jyoti narayan (air 1956 sc 1966, para 18) (2) iqbal singh narang vs. veeran narang (air 2012 sc 466, paras 13 and 14) (3) s.k. nasruddin beedi merchant ltd vs. central provident fund commissioner and another (air 2001 sc 850, para 6) (4) gujarat state civil supplies corporation vs. regional pf commissioner ( ..... can be executed by following the procedure which is similar to the procedure of execution of a decree and it also entails penal consequences. in iqbal singh narang (air 2012 sc 466, paras 13 and 14) (supra), which is a very recent judgment, the question which fell for consideration before the apex court was : whether any .....