Judgment Search Results Home > Cases Phrase: finance no 2 act 2009 chapter iii direct taxes Sorted by: recent Court: rajasthan Page 1 of about 1,168 results (0.128 seconds)

Nirmal Nahta and ors. Vs. State and ors.

Court : Rajasthan

..... to the executive committee, every municipality shall also constitute the following committees consisting of not more than seven to ten members, namely:(i) a finance committee,(ii) a health and sanitation committee,(iii) a buildings permission and works committee,(iv) a slum improvement committee;(v) a rules and bye-laws committee ..... respondents-3 & 4 in particular, are avoiding to convene meetings of corporation for constitution of various committees provided under section 55 of rajasthan municipalities act, 2009 ('act, 2009').2. election of corporators of jmc was held in november, 2009. as alleged, the petitioners contested election of corporators from their respective wards of ..... constitution of meetings of municipality can be frustrated; such action of respondents in no manner can be said to be in conformity with provision of act, 2009.8. counsel further submits that committees referred to in section 55 of act, 2009 are to be constituted by municipality; and power to constitute such .....

Commissioner of Income Tax Central Vs. Anil Hastkala (P) Ltd. and anr.

Court : Rajasthan

Reported in : (2009)226CTR(Raj)417; [2010]186TAXMAN365(Raj)

..... /03/2008 and that being so, all matters are to be remitted back to the assessing officer in terms of section 245-ha(2) of the act so as to be governed by finance act, 2007 on having become effective. counsel relied upon 1989(1) scc 628.20. counsel further submits that once settlement commission has become ..... -same in cognate matters, additional point has been raised by counsel for assessee (respondent) that settlement commission kolkatta has passed order impugned herein, this court has no territorial jurisdiction.49. per contra, counsel for revenue submits that the assessee is being assessed by commissioner of income tax jaipur and being resident of kolkata, application ..... from the petition, the assessee was assessed in rajasthan and in exercise of jurisdiction by bench at kolkatta, as provided under section 245-ba of the act that in no manner excludes territorial jurisdiction of this court.51. as already informed, all the assessees have deposited amount of tax in terms of orders impugned, a .....

Gkw Limited and anr. Vs. State of Rajasthan

Court : Rajasthan

Reported in : AIR2008Raj90; RLW2008(2)Raj1627

..... petitioners, even the imposition of land tax pursuant to chapter vii of rajasthan finance act, 2006 and rules framed thereunder is beyond legislative competence of the state of rajasthan, hence it is prayed that the aforesaid legislation may be held to be ultra vires.2. learned counsel mr. mehta appearing for the petitioners submits that the state ..... determined either on the dead rent or royalty. therefore, the judgment of the hon'ble apex court in the case of federation mining association (supra) has no application. the learned counsel for the respondents further referring all the judgments so cited by the learned counsel for the petitioners, submitted that even as per those ..... hereunder:3. all these matters concern the question of the validity of the provisions of section 3 of the rajasthan land tax act, 1985 (rajasthan act no. 6 of 1985) hereinafter referred to as 'the act' by which the state legislature purported to levy a tax on every landholder on the annual value of the land held or .....

Commissioner of Income Tax Vs. Rajasthan Financial Corporation

Court : Rajasthan

Reported in : (2007)213CTR(Raj)184

..... his lordship, then was) and s.k. jha. j. examining the scope and ambit of section 36(1)(viii), as: it stood; prior to its, amendment by the finance (no. 2) act of 1967, set out at pp. 521 and 522 of that report, accepted a. similar claim of the assessee. in reaching that conclusion, the court also relied on the later ..... of the view that the construction placed by the tribunal on the provision with due regard to the scheme and object of the act and its language is sound and correct;section 10 of the finance act of 1985 (central act no. 32 of 1985) ('1985 act'); accepting the very case urged by the assessee, has suitably amended section 36(1)(viii) of the ..... act w.e.f. 1st april, 1985. the object of the said amendment is set out in the memorandum explaining the provisions in the finance bill under 'income-tax, .....

Rajasthan Spinning and Weaving Mills Vs. Deputy Commissioner of Income ...

Court : Rajasthan

Reported in : (2005)199CTR(Raj)305; [2006]281ITR177(Raj)

..... provide for any matters in the books in a particular manner. it is significant that sub-section (1a) of section 115j was inserted w.e.f. 1st april, 1989 vide finance act, 1988 to eliminate the possible inquiry by the ao in the matter of computation of minimum tax on profits as disclosed by the company in its p&l; a/c ..... for the purpose of distributing its dividends. the object of insertion of section 115j initially w.e.f. 1st april, 1988 by it act, 1961 and later on by introducing section 115ja w.e.f. 1st april, 1997 vide finance act, 1996, was to secure minimum tax on the basis of admitted profits earned by the company for the purpose of distributing the dividends ..... the books of account or p&l; a/c and balance sheet has not been prepared in accordance with part ii and part iii of the schedule vi of the companies act.20. as a matter of fact, the issue is now no more res integra.the kerala high court and andhra pradesh high court had taken the view that while applying section .....

Jattu Ram Surendra Kumar and ors. Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Reported in : (2005)196CTR(Raj)68; 2005WLC(Raj)UC438

..... an offence of the year 1982-83 cannot be continued. this view has been taken by the apex court in the case of general finance co. 2002 (7) scc 1.5. in view of the aforesaid, we allow this special appeal and set aside the judgment of ..... by sub-section (1) of section 139 or by such notice as the case may be, or'the direct tax laws (amendment) act, 1989, omitted the aforesaid provision w.e.f. 1st april, 1989. it is significant to notice that the omission of a provision ..... the learned single judge. the writ petition is allowed and the complaint nos. 160/86 and 161/86 pending in the court of chief judicial magistrate (economic offences) rajasthan, jaipur, is quashed.'3. the counsel ..... rigorous imprisonment for a term which shall not be less than three months but which may extend to seven years and with fine.'2. it is stated by the counsel for the petitioner that omission of the words 'failure to deduct' shows that legislature wants to .....

Commissioner of Income Tax Vs. Ramesh Chand Soni

Court : Rajasthan

Reported in : (2005)194CTR(Raj)84

..... of any period for any reason in computing period of limitation provided under section 158be was made, nor any provision was made assigning meaning to term execution of authorisation. by finance act (no. 2) of 1996, an explanation, later on renumbered as expln. 1, was inserted in above form with retrospective effect from 1st july, 1995, commensurate with commencement of chapter xiv-b. it ..... contained only two clauses of exclusion of period from computation of limitation. vide finance act (no. 2) of 1998, expln. 2, as above, was inserted after renumbering existing explanation as expln. 1. explanation 2 defined the meaning of execution of authorisation.10. applying the aforesaid provision as on date the block assessment was made, i.e., 8th .....

Vijay Industries Vs. Commissioner of Income Tax

Court : Rajasthan

Reported in : (2004)190CTR(Raj)90; [2004]270ITR175(Raj)

..... . here an assessee is not required to compute the income from salary. the it department allows such claim on gross remuneration, even after section 80ab was inserted by the finance (no. 2) act, 1980, w.e.f. 1st april, 1981. it is pertinent to note that the phrase allowing deduction under above section is as under:'a deduction from such remuneration ..... dispute in this case relates to asst. yr. 1981-82 and the legal position examined by the hon'ble court is as it stood after the amendment made by the finance act, 1981, whereby section 80ab was introduced.(i) motilal pesticides (i) (p) ltd. v. cit : [2000]243itr26(sc) new industrial undertaking in backward area--special deduction-computation of ..... want to press the question nos. 1 and 2 in db it ref. no. 80/1987 & question nos. 1, 3 and 4 in db it ref. no. 7/1995. he wants to press the question only relating to section 80hh in asst. yrs. 1979-80 and 1980-81.2. on an application under section 256(1) of the it act, the tribunal has referred the .....

Life Insurance Corporation of India Vs. Union of India (Uoi) and ors.

Court : Rajasthan

Reported in : (2003)179CTR(Raj)432; [2003]260ITR41(Raj)

..... of the income-tax appellate tribunal dated march 5, 1991. thus, the revenue preferred an application under section 256(2) of the act before this court. the reference application has been registered as d. b. income-tax reference no. 34 of 1999. the said reference application is also decided today by a separate order against the revenue.12. ..... of profit, for the purposes of the said sub-clause for the for the assessment year 1989-90 and subsequent assessment years.'22. there was further amendment in the finance act, 1995, with effect from july 1, 1995, which substituted the words 'as may be prescribed' for the expression 'as the central government may, by notification, in ..... the purpose of meeting the expenses wholly, necessarily and exclusively incurred in the performance of duties. as a result of amendment of section 10(14)(i) by the finance act, 1995, referred to above, such special allowance or benefit has to be prescribed by the board by framing a rule in that regard. rule 2bb has made .....

Bindu Prasad Soni Vs. Union of India (Uoi) and anr.

Court : Rajasthan

Reported in : [2002]258ITR663(Raj)

..... 1. the government of india introduced a scheme by the name of kar vivad samadhan scheme, 1998, under chapter iv of the finance (no. 2) act, 1998, with a view to provide a quick and voluntary settlement of tax dues as on march 31, 1998, both in various direct tax enactments as well as indirect taxes ..... by january 31, 1999. hence, the matter is taken up urgently. it is admitted, notices returnable in three weeks. notices of stay petition, returnable in three weeks. in the meanwhile, no coercive steps be taken in this matter.' 7. it appears that the respondent raised some controversy with respect to the admission of the writ petition and a prayer was made ..... is extracted as follows:'95. the provisions of this scheme shall not apply--(i) in respect of tax arrear under any direct tax enactment,--. . . (c) to a case where no appeal or reference or writ petition is admitted and pending before any appellate authority or the high court or the supreme court on the date of filing of declaration or .....