Float - Year 1990 - Judgments

Oct 05 1990 (TRI)

Sophia Finance Ltd. Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Delhi

Decided on: Oct-05-1990

Reported in: (1991)36ITD369(Delhi)

..... 375 he further pointed out that a large number of investment companies in delhi were floated for laundering unaccounted money therefore there was necessity to investigate into all aspects of ..... the learned departmental representative submitted that it was a recognized fact that investment companies are floated which attracted unaccounted income in such cases the ito necessarily has to make full .....

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Nov 19 1990 (HC)

Additional Commissioner of Income-tax Vs. Syntex Fabrics Ltd.

Court: Allahabad

Decided on: Nov-19-1990

Reported in: (1991)92CTR(All)94; [1991]191ITR52(All)

..... material before the tribunal to hold that the promoters intended to float a company from january 1969 ii whether on the facts and ..... material that the said two promoters had entertained the idea of floating the assessee company even in january 1969 and inasmuch as the ..... material before the tribunal to hold that the promoters intended to float a company from january 1969 having perused the order of the .....

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Nov 05 1990 (HC)

State of Tamil Nadu Vs. T.M.T. Drill (Private) Ltd.

Court: Chennai

Decided on: Nov-05-1990

Reported in: [1991]82STC59(Mad)

..... appellants company on march 19 1977 a resolution was passed to float the wholly owned subsidiary company which was a private limited ..... 10 210 have been transferred in the name of the newly floated company revathy equipment private limited the fixed assets so transferred ..... only shares were allotted in the name of the new company floated the decision in premier electro mechanical fabricators v state of .....

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Jul 16 1990 (HC)

M/S. Konkan Waterways Vs. the Union of India and Others

Court: Karnataka

Decided on: Jul-16-1990

Reported in: AIR1991Kant216; ILR1990KAR2631; 1990(2)KarLJ261

..... 3 the licence in form xii is not applicable to a floating vessel transporting hulk petroleum but it applies only to oil ..... the provisions of the explosives act or rules are inapplicable to floating vessels this contention commends acceptance by virtue of what is ..... security it is intended that even persons who carry petroleum in floating vessels and store petroleum in storage tanks in the vessels .....

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Sep 26 1990 (TRI)

Ramnath Exports (P.) Ltd. Vs. Inspecting Assistant

Court: Income Tax Appellate Tribunal ITAT Delhi

Decided on: Sep-26-1990

Reported in: (1991)36ITD219(Delhi)

..... again a new unit floated so that the benefit under this set on can be continuously drawn by an assessee ..... so used for boosting or attracting of new units being floated but definitely not wish the view of new unit being floated but closed in the second or the successive years and .....

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May 07 1990 (HC)

M/S. Driplex Water Engineering Limited Vs. the Punjab State Electricit ...

Court: Punjab and Haryana

Decided on: May-07-1990

Reported in: AIR1991P& H38

..... electricity board hereinafter referred to as the board respondent no 1 floated a tender annexure p 1 for the design manufacture supply ..... any such certificate in the year 1986 the board had also floated a tender for the supply of water treatment plant and ..... accepting this writ petition the board shall be at liberty to float fresh tenders prescribing technical eligibility conditions for the tenders it .....

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Sep 13 1990 (HC)

Maddi Lakshmaiah and ors. Vs. Duncan Agro Industries Limited and ors.

Court: Kolkata

Decided on: Sep-13-1990

Reported in: (1991)2CALLT309(HC),95CWN720

..... the revenue authorities and the liabilities were sought to be transferred to a dummy company floated exclusively for the purpose of implementing the scheme of arrangement 15 this application has been ..... the revenue authorities and the liabilities were sought to be transferred to a dummy company floated exclusively for the purpose of implementing the scheme of arrangement mr mookherjee has relied upon .....

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May 21 1990 (TRI)

income-tax Officer Vs. Muthoot M. George Chits (India)

Court: Income Tax Appellate Tribunal ITAT Delhi

Decided on: May-21-1990

Reported in: (1990)34ITD1a(Delhi)

..... case as had been placed before us by either party 4 8 the assessee had floated in all 134 chits at its branches v z fakirabad new delhi and chandigarh of ..... said to come from the last year and some others are said to have been floated in the year and continuing the chit amount has been defined as the sum total .....

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Apr 04 1990 (HC)

Nalam Satya Prasada Rao and ors. Vs. Vinipamula Lakshmi Narasihma Sast ...

Court: Andhra Pradesh

Decided on: Apr-04-1990

Reported in: [1991]70CompCas303(AP)

..... evidence of rw 1 the fifth respondent is very important admittedly sri venkatesware commerical corporantion floated by him in the year 1975m was having business relationship with the sixth respondent company ..... management of the sixth respondent company since the first respondent is the person who has floated the company in the first instance with his own funds and by the time the .....

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Mar 19 1990 (HC)

Punjab National Bank Finance Ltd. Vs. Shital Prasad JaIn and ors.

Court: Delhi

Decided on: Mar-19-1990

Reported in: 1990(19)DRJ10

..... the son of defendant no 1 defendants 3 to 5 the three companies have been floated by defendants 1 2 and are controlled by them majority of the shares of these ..... son of defendant no 1 defendants 3 to 5 were alleged to be the companies floated by defendants 1 2 and were controlled by them majority of the shares of these .....

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