Court : Mumbai
Decided on : Feb-20-1995
Reported in : 1996(5)BomCR564
..... inland revenue commissioners, reported in 1963 a.c. 235. in this case the deceased person had 'control' of a company within the meaning of section 65 of the finance act, 1940, during the five years ending with his death on march 29, 1953. thus the shares held by him in the company fell to be valued for estate duty ..... already issued before the notification of 26th may, 1940. the notices were the foundation of the jurisdiction of the income tax officer. at that time the finance act of 1940 was not operative in the area in question and the governor, by his notification, cannot give jurisdiction to the income tax officer in respect of ..... as tax, interest and/or penalty are shared with state governments in the ratio decided by the finance commission from time to time. he submitted that if 'taxes' would only mean income tax and not penalty and interest levied under the act, central government need not share interest and penalties with state governments. he submits that the term 'taxes' has .....
Tag this Judgment!Court : Mumbai
Decided on : Dec-13-1995
Reported in : 1997(89)ELT463(Bom)
..... the respondents no. 1, carrying out duties and performing functions under the provisions of the central excises and salt act, 1944 (hereinafter referred to as the said act) read with central excise tariff act, 1985 (hereinafter referred to as the 'tariff act') and the central excise rules, 1944 (hereinafter referred to as the said rules). (b) the petitioner no ..... a detailed letter was again written by the petitioner no. 1 company to the respondent no. 2 inter alia stating that by the finance bill, the schedule to the said act had been revised and articles of iron and steel such as structures and parts of structures, props and similar equipments for scaffolding, shuttering ..... decision of the customs, excise and gold (control) appellate tribunal (cegat for short) in the matter of aruna industries, vishakhapatnam and others v. collector of central excise, guntur and others, reported in 1986 (25) e.l.t 580 (tri). the tribunal therein was dealing with identical items and after referring to various .....
Tag this Judgment!Court : Mumbai
Decided on : Oct-10-1995
Reported in : AIR1996Bom149; 1996(2)BomCR642; (1996)98BOMLR972
..... formed and incorporated by the 'kirloskar group of companies' and they are expanding into various industries and businesses like machinery, manufacturing engines and electrical goods financing and leasing, investment consultancy, sericulture, musical instruments, etc. in the facts and circumstances, it is explicit and obvious that the word 'kirloskar' which ..... the companies belonging to 'kirloskar group of companies'. in the year 1988, centenary celebrations were held by the 'kirloskar group of companies' and the central government issued a comparative postal stamp to mark the occasion. at that time, a brochure was published by the respondents. the activities of 'kirloskar group ..... , quality and goodwill acquired over scores of the years and is understood as connoting association with famous 'kirloskar group of companies'.9. section 105 of the act reads as under:'105. suit for infringement, etc. to be, instituted before district court. no suit- (a) for the infringement of a registered trade .....
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