Judgment Search Results Home > Cases Phrase: general insurance business nationalisation act 1972 section 36 exemptions Court: kerala Page 7 of about 168 results (0.194 seconds)

Manattillath Krishnan Thangal and ors. Vs. the State of Kerala, Repres ...

Court : Kerala

Reported in : AIR1971Ker65

..... the tax and the measure of his liability, or any machinery for investigating these, and for apportioning, where necessary, the tax between the landlord and the tenant, and generally, the very summary nature of the provisions made in the act were all stressed before us. while section 5(2) lays the liability for the tax on the ' ..... as to give the petitioners atleast four months' time from the date of prescription of the authority and the form. the bench was assured by the learned advocate-general that the question would be examined and necessary amendments, if any, effected. it directed that till the question of the liabilities of the petitioners the income from whose ..... for making a regular assessment was indicated, beyond the indefinite future after completion of survey. observed the supreme court;'the act could not have been cast in more general terms and the proceedings under the act could not have been more summary. it has thus the merit of brevity as also of simplicity, derived from the .....

Madras Rubber Factory Vs. Assistant Collector of Central Excise and or ...

Court : Kerala

Reported in : 1978(2)ELT595(Ker)

..... distribution before it reaches the consumer is a tax upon production or manufacture and therefore an excise duty.4. a fee for a mere licence to engage in business, even if it be indirectly connected with production or manufacture, is not an excise duty, if it be regulative.5. whether duties of excise are limited to ..... the centre and therefore the considerations which prevailed then, are not relevant now. it is true that under the said act, the residuary powers rested with the governor-general, a scheme of four-fold distribution of legislative power, which, perhaps, was the contribution of india, under the british regime, to political science. under our constitution, ..... is not necessarily an excise duty.'the learned judge further observes :'it is no wonder therefore that the term 'excise' is freely used in england in a very general and comprehensive sense, and for convenience includes even collection of revenue on goods manufactured, produced or sold, in the country, that is to say, on home .....

S.R.S. Mony Vs. Life Insurance Corporation of India and ors.

Court : Kerala

Reported in : (1972)IILLJ546Ker

..... therefore, to my mind, it appears to be quite evident that the corporation is a body exercising governmental functions namely, carrying on the life insurance business which in effect had been nationalised. that would, according to me, bs sufficient to satisfy the test for determining whether the corporation is a state within the meaning of article ..... directive issued by the government. dealing with the question the court said thus:this should ordinarily have entitled the petitioner to succeed ; but the learned advocate-general confronted us with the position that ext p8 proceedings of the board on which the petitioner's right to continue in service up to 58 years of ..... for all matters for which provision is expedient for the purpose of giving effect to the provisions of this act.in particular, and without prejudice to the generality of the foregoing power, such regulations may provide for among other things:the method of recruitment of employees and agents of the corporation and the terms .....

General Traders Ltd. and anr. Vs. Pierce Leslie (India) Ltd. and ors.

Court : Kerala

Reported in : AIR1987Ker62

..... 's. s. lucky three of panama flag' is a vessel owned by the first defendant, wing on steamship company, which carries on business at hongkong among other places. the said vessel was chartered by m/s. general traders limited (2nd defendant), a west indies based concern, under charter party dated 8-1-1972. m/s. cashew corporation of india ltd ..... the carriers of the consignment, there is no need to delve into the case law on the subject because this is a case where the endorsee and the insurance company have jointly filed the suit wherein the endorsee has unreservedly declare that they have no objection in passing a decree in favour of plaintiff 2. it is ..... entitled to proceed against the carriers for reimbursement. the pleading in this case is clear enough to show that plaintiff 2 was 'at all times the insurers of the consignment and had insured the consignment and by virtue of the subrogation deed executed in favour of them by plaintiff 1, the 2nd plaintiffs are entitled to sue as plaintiffs .....

S. Abdul Salam and Others Vs. Union of India Represented by Its Secret ...

Court : Kerala

..... a single bench of andhra high court to consider such a casualty involving death of a passenger and the compensation payable in kandimallan bharathi devi vs. general insurance corporation of india (air 1988 andhra pradesh 361). this of course was prior to the introduction of the third schedule, when the situation was governed ..... a signatory to the montreal convention, as she could not withdraw herself or stand apart in the process of development of healthy international relations and strong business commitments among different countries, with which india has to interact. the necessity to pursue further steps in this regard was explained by the minister for civil ..... is very relevant, which is extracted below: "i would like to know from the honourable minister, is there any difference between the first class passengers, business class passengers and an ordinary class passenger under the montreal convention. is the compensation different or all of them are to be given the same compensation?" on .....

Commissioner of Income-tax Vs. A.V. Thomas and Co. Ltd.

Court : Kerala

Reported in : [1997]225ITR29(Ker)

..... necessary to refer to the relevant provisions of law. section 31 reads as follows :' 31. repairs and insurance of machinery, plant and furniture. --in respect of repairs and insurance of machinery, plant or furniture used for the purposes of the business or profession, the following deductions shall be allowed : (i) the amount paid on account of current ..... types of deductions that can be claimed in respect of expenditure. section 37(3a) is in the nature of a residuary provision, which reads as follows :'37. general - (1) any expenditure (not being expenditure of the nature described in sections 30 - 36 and not being in the nature of capital expenditure or personal expenses ..... chapter vi-a of the income-tax act, 1961, dealing with deductions to be made in computing total income. while section 80ab comes under the heading 'a-general', section 80hhc comes under the head 'deduction in respect of certain incomes'. section 80ab and section 80hhc read as follows :' 80ab. deductions to be made with .....

Aswini Hospital Pvt. Ltd Vs. Intelligence Officer

Court : Kerala

..... or a financing institution which whether in the course of its business or not, sells any gold or other valuable article pledged with it to secure any loan, for the realisation of such loan amount;explanation i:- bank for the purpose of this clause includes a nationalised bank or a scheduled bank or a co-operative bank;explanation ..... 43. gannon dunkerley survived the forty-sixth constitutional amendment in two respects. first with regard to the definition of "sale" for the purposes of the constitution in general and for the purposes of entry 54 of list ii in particular except to the extent that the clauses in article 266(29-a) operate. by introducing separate categories ..... reason that this very issue has already been considered by this court and has been decided against the petitioners. in the context of the provisions contained in the kerala general sales tax act, in p.r.s. hospital v. state of kerala (2003(1) klt 633), this court considered the question whether hospital is a dealer within .....

Ms. the Windsor Castle, Kodimatha, Kottayam, Represented by M.O. Asram ...

Court : Kerala

..... be of retrospective operation. somewhat similar verdict had been passed by a full bench of this court as well as reported in 1996(2) klt 695 (fb) (oriental insurance co. ltd. vs. sheela ratnan). a division bench of this court in procurator, r.c.diocese, calicut vs. state of kerala (2003 (1) klt 618] ..... the reasons stated therein. 10. dr. k.b. muhammed kutty, the learned sr. counsel appearing for the petitioners in all the cases submits that the nature of business being transacted by the petitioners while providing hotel accommodation to the residents, providing some facilities like ayurveda treatment, laundry facility, boating travel arrangements, trekking etc., by engaging ..... under the kerala court fees and suits valuation act, 1959 is having only prospective effect. it is also true, that by virtue of section 6 of the general clause act, there cannot be any application of the provision prior to its enactment, unless otherwise provided. but considering the scope of the above verdicts with .....

Bharat Plywood and Timber Products Private Ltd. Vs. Kerala State Elect ...

Court : Kerala

Reported in : AIR1972Ker47

..... widely held companies for assessment of tax have been fixed by the finance acts. in the finance act of 1964, for all companies other than the life insurance corporation of india, the rate of super-tax on the total income was fifty-five per cent. a rebate was given to widely held companies at the ..... to have shown that this has often happened. the following passage from simon's income tax, second edition, volume 3, page 341, fully illustrates the situation : ' generally speaking, surtax is charged only on individuals, not on companies or other bodies corporate. various devices have been adopted from time to time to enable the individual to avoid ..... by- (i) the amount of dividends actually distributed, and (ii) any expenditure actually incurred bona fide for the purposes of the business, but not deducted in computing the income chargeable under the head ' profits and gains of business or profession ' being- (a) a bonus or gratuity paid to an employee, (b) legal charges, (c) any such expenditure .....

Paul Francis Ambukkaram and ors. Vs. Union of India (Uoi) and ors.

Court : Kerala

Reported in : (1987)IILLJ150Ker

..... : (1981)illj1sc , or the amalgamation of general insurance companies (air) 1984, sc 1130. the court proceeded on the assumption that a challenge against executive action, ..... have considered the challenges to the implementation of statutory schemes like those under the motor vehicles act, or the life insurance corporations act, or the general insurance corporations act. in all such cases, executive action implementing the scheme, or the law, has been considered by the ..... supreme court though the question of exclusion of such challenges by reason of article 31a(1)(c) of the constitution was not expressly raised in the decisions of the supreme court relating to the amalgamation of companies dealing in life insurance business .....