Judgment Search Results Home > Cases Phrase: finance act 2012 central chapter iii direct taxes Sorted by: recent Court: kolkata Page 3 of about 232 results (0.808 seconds)

The India Jute Co. Ltd. Vs. the Assistant Collector, Central Excise an ...

Court : Kolkata

Reported in : 1981LC545D(Calcutta)

..... traders also accepted the said position. because of the advancement and popularity of large varieties of blended yarn of different compositions the central government by the finance bill 1972 which became the finance act. 1972, inserted residuary item 18e in the first schedule, which covered yarn not elsewhere specified in or relation to manufacture of ..... in such manufactured products. in the absence of identifiable standards it is difficult to bring the said products under 18a. in view of these difficulties the finance act of 1972 introduced in clear, unambiguous, unequivocal language 18e which covers goods which are produced by the mixture of two or more fabrics man made and ..... manufactured by the petitioner then it would not have been necessary for the legislature to introduce a change in the year 1972 by inserting 18e by the finance act which envisaged yarn, all sorts, not elsewhere specified, in or relation to the manufacture of which any process is ordinarily carried out with the aid .....

India Jute Co. Ltd. Vs. Assistant Collector of Central Excise and ors.

Court : Kolkata

Reported in : 1988(34)ELT452(Cal)

..... traders also accepted the said position. because of the advancement and popularity of large varieties of blended yarn of different compositions the central government by the finance bill, 1972 which became the finance act, 1972 inserted residuary item 18e in the first schedule which covered yarn not elsewhere specified in or in relation to manufacture of ..... in such manufactured products. in the absence of identifiable standards it is difficult to bring the said products under 18a. in view of these difficulties the finance act of 1972 introduced in clear, unambiguous, unequivocal language 18e which covers goods which are produced by the mixture of two or more fabrics man-made and ..... manufactured by the petitioner then it would not have been necessary for the legislature to introduce a change in the year 1972 by inserting 18e by the finance act which envisaged yarn, all sorts, not elsewhere specified, in or in relation to the manufacture of which any process is ordinarily carried on with the .....

Shethia Mining and Manufacturing Corporation Ltd. Vs. Commercial Tax O ...

Court : Kolkata

Reported in : [1977]39STC246(Cal)

..... in this application the petitioner is challenging an order of assessment dated 16th january, 1974, under section 9(2) of the central sales tax act, 1956, read with section 11(1) of the bengal finance (sales tax) act, 1941.2. the period relevant for the said assessment was 1st april, 1972, to 30th january, 1973.3. it ..... on 16th january, 1974. there was a fresh certificate of incorporation in favour of coal india limited on 21st october, 1975. section 17 of the bengal finance (sales tax) act, 1941, provides as follows :17. transfer of business. where the ownership of the business of a registered dealer is transferred absolutely by sale, gift, bequest ..... fresh assessment in accordance with law after giving the petitioner reasonable opportunity. if necessary, the respondent-authority will ensure compliance under section 21a of the bengal finance (sales tax) act, 1941, of such papers and documents that may be in the possession of the coal mines authority.15. with the aforesaid direction the rule is .....

Tarak Nath Sen and ors. Vs. Union of India (Uoi) and ors.

Court : Kolkata

Reported in : AIR1975Cal337

..... of a proceeding without involving any judicial determination. the para. 15, chap. iii of the adjudication manual, 2nd edition, govt. of india, ministry of finance. central board of excise and customs, 1970 specifies the authority to issue show cause notices. the same contains observations that there was no legal objection to the issue ..... was lawfully initiated. the learned advocate for the petitioners also made a grievance that the additional collector of customs by passing the ex parte order had acted in violation of the principles of natural justice. after the petitioners showed cause to the additional collector of customs they had prayed for adjournment of ..... to accept the second submission of the learned advocate for the petitioners that the impugned adjudication proceeding was in contravention of section 122 of the customs act, 1962. section 122 provides that a collector of customs or a deputy collector of customs would be competent to adjudicate upon the confiscations and penalties .....

Deputy Director of Tax Credit Vs. National Company Ltd.

Court : Kolkata

Reported in : 76CWN1,[1972]86ITR219(Cal)

..... in this appeal it is necessary to refer to the relevant provisions of the act and also the scheme framed by the central government thereunder. the finance act, 1965, introduced chapter xxiib comprising sections 280y to 280ze of the income-tax act, 1961. the purpose of amendment of the income-tax act by introducing this chapter was to give credit to certain classes of assessees including ..... date, the goods and merchandise to be exported, the countries of export, etc., the central government had the authority to issue the impugned notification withholding the benefit of tax credit certificate. it was argued that the statute itself had retrospective operation because chapter xxiib was introduced by the finance act, 1965, in may, 1965, allowing tax credit and export made on and from .....

Apollo Zipper India Ltd. Vs. W. Newman and Co. Limited.

Court : Kolkata

..... of the defendant is governed by the provisions of the transfer of property act, 1882 and not by the west bengal premises tenancy act, 1997. on such assumption the plaintiff has served a notice dated 17th may 2012 under section 106 of the transfer of property act terminating the tenancy of the defendant on expiry of fifteen days from the ..... has been granted. however, the instant suit being c.s.no.201 of 2012 has been filed on 6th june, 2012 only by apollo zipper company pvt.ltd.on 17th may, 2012, a notice was purportedly issued under section 106 of the transfer of property act by the plaintiff through its advocateon-record upon the defendant determining its tenancy in ..... 80,000/- in view of section 7(xiii)(d) of west bengal court fees act 1970. therefore by claiming mesne profits the plaintiff cannot inflate its jurisdiction. the plaint was affirmed on 6th june, 2012 and the notice to quit is dated 17th may, 2012. even if mesne profits are taken into account the total amount would not exceed .....

Investment Company Limited Vs. Income Tax Settlement Commission,

Court : Kolkata

w.p no.432 of 2012 in the high court at calcutta constitutional writ jurisdiction original side the peerless general finance & investment company limited versus income tax settlement commission, additional bench, kolkata and others for the petitioner : mr.s.bagchi, sr.advocate mr.gopal ram sharma, advocate for the ..... j.:- the writ petitioners have challenged an order dated march 25, 2010 passed by the settlement commission under section 245f(1) read with section 154 of the income tax act, 1961. by the impugned order the settlement commission has refused to rectify computation of interest under sections 234b and 234c pursuant to its order of settlement of income under ..... for calculating interest when a settlement proposal is admitted?. (2) does sections 234b and 234c apply for the period subsequent to an order under section 245d(1) of the act of 1961?. (3) is section 220(2) attracted in the facts of the case?. the second issue is corollary to the firs.issue. both are taken up together .....

Bengal Investments Limited Vs. Assistant Commissioner(Tarc) Service Ta ...

Court : Kolkata

..... authority while dropping a demand of rs.6,86,841/-. nevertheless, being aggrieved, the writ petitioner preferred an appeal before the commissioner of central excise (appeal) under section 85 of the finance act, 1994, on 30th of june, 2013, i.e.much beyond the period of limitation, as prescribed under the statute. the petitioner however ..... dated 20th february, 2015, all passed and/or issued by various authorities under the finance act, 1994 and the service tax rules, 1995. it is noticed that the initial order, being the order-in-original, was passed on 31st december, 2012 by the additional commissioner, service tax, kolkata upon giving adequate opportunity of hearing ..... under section 85(3a) the maximum time limit to prefer statutory appeal is three months, if the petitionercompany was aggrieved by the order dated 31st december, 2012 on the ground that the authority lacked jurisdiction, being conscious of its rights, it should have filed the writ petition challenging the said order within the .....

M/S. Arjun Shyam and Co. (P) Ltd. Vs. M/S. Sagar Trading Co. and Ors.

Court : Kolkata

..... hold a licence under the bengal money-lenders act, 1940. the learned counsel has relied upon the judgments in sundaram finance limited versus state of gujarat- through secretary reported at laws(gjh)-2012-975; radhe estate developers versus mehta integrated finance co.ltd.reported at air2012guj 7 and l & t finance limited versus m/s.saumya mining ltd.and ..... or lending in any manner; (iii) such other non-banking institution or class of such institutions, as the bank may, with the previous approval of the central government and by notification in the official gazette, specify. reserve bank of india has power to determine the policy and issue directions in the public interest to regulate ..... the loans and advances granted by the financial institutions whenever it is considered necessary by the rbi is vested in it. rbi has been constituted as the central banking authority and regarded as banker of banks. so far, the rbi has not prescribed the rate of interest or the ceiling on the rate of interest .....

C.I.T Centralii, Kolkata Vs. Balarampur Chini Mills Ltd.

Court : Kolkata

..... s case is that there was no deliberate concealment. clause (c) of section 271(1) originally qualified an act of concealment of income or furnishing of inaccurate particulars with the expression deliberately which was omitted by the finance act, 1964 w.e.f.1.4.1964 as a result concealment of income or inaccurate particulars need not originally have ..... calcutta special jurisdiction (income tax) original side present : hon ble justice girish chandra gupta and hon ble justice arindam sinha ita176of 2009 with ita678of 2008 c.i.t central-ii, kolkata versus balarampur chini mills ltd.md.nizamuddin, adv for the appellant mr.s.k.kapoor, senior advocate with mr.j.p.khaitan, senior advocate mr.sanjoy ..... in so far as the same is relatable to the assessment year 2004-05. he in support of his submission relied upon an unreported order dated 4th september, 2012 passed by the apex court in the case of cit, kol. versus m/s.pfh mall and retail management pvt.ltd., dismissing an appeal preferred by the revenue .....