Court : Chennai
..... the instant case, is that the attention of the commissioner and the tribunal was rightly invited to the circular of the central board of direct taxes dated march 10, 2003, with regard to the confession of additional income during the course of search ..... rupees 10 lakhs invested in ace investments limited being in substance and reality an amount advanced to the bombay company for financing the construction undertaken by it at bombay, cannot be said to be an amount which formed part of the capital borrowed ..... should be made to obtain confession as to the undisclosed income. any action on the contrary shall be viewed adversely." (ii) [2012] 254 ctr (sc) 228 (cit vs. s.khader khan son). in this decision it has been held as follows:- " ..... paid to brothers for not engaging in similar business corporate veil can be pierced amount assessable as revenue receipt income tax act, 1961. income tax general principles company corporate veil can be pierced in exceptional circumstances. in cases where the same .....
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..... nothing contained in clause (a) or clause (b) shall apply to a housing project carried out in accordance with a scheme framed by the central government or a state government for reconstruction or redevelopment of existing buildings in areas declared to be slum areas under any law for the time being in ..... tax circle xiv, 121 mahatma gandhi road, nungambakkam, chennai.34. 3.the sub registrar, sub registrar office, konnur, chennai. .. respondents w.p. no.24101 of 2012 --------------------- m/s. sri lakshmi brick industries, a partnership firm represented by its managing partner mr.elayaraja, not h.6 ambattur industrial estate, ambattur, chennai.58. .. petitioner ..... and as a consequence to the development of the project and the profit derived thereon, they sought the benefit of section 80-ib of the income tax act, 1961, more particularly sub clause 10, which reads as follows:- "deduction in respect of profits and gains from certain industrial undertakings other than infrastructure development .....
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..... concerned about the validity of the kerala chitties act, 1975, which had the requisite presidential assent, became void and stood pro tanto repealed on account of the central legislation chit fund act, 1982. in the circumstances, the kerala finance act 7 of 2002 introducing section 4(1)(a) in kerala chitties act, 1975, was also void, as the state ..... . 3.the ordinance seeks to give effect to the above decision." 6. on 16.11.2012, the amendment made through the ordinance was carried through under the amending act under the tamil nadu co-operative societies (third amendment) act, 2012 (act 37 of 2012). section 21(2)(i) was amended, whereby, the expression "or by the general body ..... admission of new members through general body is bad.65. mr.h.dhandapani, learned counsel appearing for the petitioners in w.p.nos.26487 and 26504 of 2012, referred to the composition of the sugarcane cooperative society and submitted that as far as this society is concerned, only cane growers could be members of the .....
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..... dispute related to the period beginning from 10th september, 2004 to 31st march 2008. in such cases, as per section 73(2) of the finance act, 2010, the assessee has to make an application to the commissioner of central excise along with documentary evidence and a certificate from the chartered accountant or a cost accountant, certifying the amount of input credit attributable to ..... madras dated:11. 01.2013 coram the honourable mrs.justice chitra venkataraman and the honourable mr.justice r.karuppiah cma.no.3289 of 2012 and mp.no. 1 of 2012 commissioner of central excise salem o/o. commissioner of customs and central excise no. 1, foulk's compound, anai medu sale 001. ... appellant vs. m/s.burn standard co., limited post box no. 565 .....
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..... or both, whether in the same factory or any factory in india." 14. except for omitting goods falling under chapter 83 of the schedule to the central excise tariff act, 1985 there is no substantive variation between notification no.100/88 and notification no.180/88. thus, the purport of the notification is that unwrought aluminium, ..... 8 of the cer, 1944 and in supersession of the notification of the government of india in the ministry of finance (department of revenue) no.183/84-central excises, dated the 1st august, 1984, the central government hereby exempts aluminium of the description specified in column 2 of the table hereto annexed and falling within chapter 76 ..... to the availability of these letters dated 6.2.1991 and 7.2.1991, addressed by the supplier. by letter dated 14.12.2012, the deputy commissioner, addressed to the superintendent of central excise, legal section, chennai ii commissionerate, and pointed out that the two letters are not available in the records and the assessee .....
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..... sufficient time to submit the tender after incorporating the changes made to the tender specifications vide corrigendum 2 dt 18.2.2012 and clarifications issued on 22.02.2012 and 24.02.2012 and the act of the 1st respondent in not extending the time to submit the tender documents is per se illegal and it ..... development and reforms programme (r-apdrp) part b, promoted by government of india. this is funded by government of india (25%) and counter part funding by power finance corporation / rec (75%) as loan, with a view to reduce the transmission & distribution losses. if the distribution utilities achieve the target of 15% of at & ..... the project of the respondent-corporation. thus, admittedly, in the absence of any work executed by the petitioner in india in any of the state or central government departments/boards/ undertakings/ corporations/municipalities, municipal corporations and urban development authorities, it can safely be held that the respondent has not done anything arbitrary in .....
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..... taken a conscious decision to issue search warrants, under section 82 of the finance act, 1994, read with section 12e of the central excise act, 1944, made applicable to service tax, in terms of section 83 of the finance act, 1994. based on the search warrants issued, a search was conducted, on 1.3.2012, in the premises at 119, amaravaty second street, gurusamy nagar, vadavalli, coimbatore ..... of orissa and west bengal. a search could be conducted, under section 82 of the finance act, 1994, only by the jurisdictional commissionerate where taxable service is being rendered, as held in the decision rendered in commissioner of central excise kolhapur vs. helios food additives private limited, reported in (2012) 25 str 10.(tri-mum) and ores india pvt limited and others. therefore, the .....
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..... bharathiar university post, coimbatore, on 1.3.2012.2. it has been stated that the petitioner is registered with the central excise service tax department, kolkata, for the payment of service tax, relating to the works undertaken by it, within the jurisdiction of kolkata commissionerate, under chapter v of the finance act, 1994, read with the service tax ..... rules, 1994. as such, the petitioner has been paying the service tax due from it, regularly, without any default.3. it has also been stated that the petitioner is also registered with the central excise and service tax department, rayagada, for ..... the petitioner company, voluntarily, during the search conducted, on 1.3.2012, to be adjusted against its service tax liability. the said amount had been paid by the petitioner to mitigate the offence committed by it, under section 73(3) of the finance act, 1994. while so, it is not proper on the part of .....
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..... . dhiren chemical industries [(2002) 2 scc 127], etc. in all these cases it has been held that the circulars issued under the income tax act or central excise act are binding on the department." 13. the learned counsel appearing for the petitioner had further submitted that, for initiating search proceedings, there must be sufficient ..... necessary for the issuance of the warrant of search and seizure.21. in spacewood furnishers (p) ltd., vs. director general of income tax (investigation) pune, (2012) 17 taxmann. com 11.(bom.), the bombay high court had observed that the satisfaction of the authorities concerned must be based upon contemporaneous materials available on record.22. ..... had reason to suspect and not reason to believe." 12.15. in space wood furnishers (p.) ltd. vs. director general of income tax (investigation), pune, (2012) 17 taxmann.com 114 (bom.), it had been held as follows: "section 132 deals with search and seizure. it contemplates and springs to life when the various .....
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..... that the death or permanent disablement in respect of which the claim has been made was due to any wrongful act or neglect or default of the owner of the vehicle or vehicles concerned or of any other person. (3) the central government may, keeping in view the cost of living by notification in the official gazette, from time to time ..... in the high court of judicature of madras dated:03. 01.2013 coram: the honble mr. justice s. manikumar c.m.a.no.3290 of 2012 and m.p.no.1 of 2012 thomas ... appellant vs. 1.p.sivasubramaniam 2.g.velumani 3.united india insurance co. ltd., branch office iv, door no.1940-b, trichy road, ramanathapuram, coimbator 045. 4.r ..... immediately before the commencement of this act: provided that no such retrospective effect shall be given so as to prejudicially affect the interests of any person who may be governed by such provision.13. in a recent decision of the supreme court in national insurance co.ltd., vs. sinitha and others, reported in 2012 acj 01.one x was riding .....
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