Judgment Search Results Home > Cases Phrase: income tax act 1961 chapter xii c special provisions relating to retail trade etc Court: kerala Page 1 of about 20 results (0.127 seconds)

Commissioner of Income-tax Vs. Appollo Tyres Ltd.

Court : Kerala

Reported in : [1999]237ITR706(Ker)

..... not be liable to any income-tax, super-tax, super profits tax, surtax or ..... 21.' 63. section 52 of the said act reads as follows ;'32. income-tax and other taxes.--(1) notwithstanding' anything contained in the wealth-tax act, 1957, the income-tax act, 1961, the super profits tax act, 1963, the companies (profits) surtax act, 1964, or in any other enactment for the time being in force relating to income-tax, super tax or super profits-tax, surtax or any other tax on income, profits or gains- (a) the trust shall .....

K.P. Varghese Vs. Income-tax Officer, B-ward and ors.

Court : Kerala

Reported in : [1970]77ITR719(Ker)

..... an assessee from the transfer of a capital asset, and not on the basis of its fair market value. neither the income-tax act, 1961, nor the general clauses act defines 'gift'. section 47(iii) of the income-tax act, 1961, provides that nothing contained in section 45 shall apply to any transfer of a capital asset under a gift. according to the ..... 1 s.c.r. 10 (s.c.). in that case, their lordships upheld the decision of the high court quashing the notices issued by the income-tax officer under section 147 of the income-tax act, 1961, requiring the assessee to show cause why certain assessments made against the assessee should not be reopened, on the ground that, on the materials on ..... subramania iyer v. i.t.o. [1968] 68 i.t.r. 863 (ker.). in that case, i quashed a notice issued by the income-tax officer under section 147 of the income-tax act, 1961, holding that the proposed proceeding was time-barred. the division bench held that the writ petition should not have been entertained, as this was a .....

K.J. Joseph and ors. Vs. Income-tax Officer, a Ward

Court : Kerala

Reported in : [1980]121ITR178(Ker)

..... the non-agricultural portion be levied as if it were placed in the top slabs of the aggregate income. a simple way of securing this objective would be to make a suitable provision in the income-tax act, 1961. losses reported in agriculture need be permitted to be set off against only the gains reported from it in subsequent years. 4.6. under the arrangement ..... we propose, integration of agricultural and non-agricultural incomes for deriving the rate of tax on the latter would take effect only if an assessee .....

R. Balakrishna Pillai Vs. State

Court : Kerala

Reported in : 1996CriLJ757

..... ) , one of the questions that fell for consideration was whether by reason of the appeal of the income-tax act, 1922 by the 1961 act, the prosecutions in respect of prior proceedings under the 1922 act were not saved, and whether prosecution under section 52 of the 1922 act was not sustainable. their lordships of the supreme court while dealing with this question expressed (at pp. 704 ..... ]100itr5(sc) , the question falling for consideration was whether institution of the prosecution under the income-tax act against the appellant for the alleged commission of offences by him under either the 1961 or the 1922 act was bad in law as being violative of section 28(4) of the 1922 act or article 20(1). the supreme court, on an elaborate consideration, answered the question .....

Commissioner of Income Tax Vs. Appollo Tyres Ltd.

Court : Kerala

Reported in : (1998)149CTR(Ker)538

..... not be liable to any income-tax, super-tax, super profits tax surtax or ..... section 21'.sec. 32 of the said act reads as follows:'32. income-tax and other taxes.-(1) notwithstanding anything contained in the wealth tax act, 1957, the income tax act, 1961, the super profits tax act, 1963, the companies (profits) surtax act, 1964, or in any other enactment for the time being in force relating to income-tax, super-tax or super profits-tax, surtax or any other tax on income, profits or gains(a) the trust shall .....

All Kerala Chartered Accountants Association Vs. Union of India (Uoi)

Court : Kerala

Reported in : (2002)176CTR(Ker)268; [2002]258ITR679(Ker)

..... advance the argument ofmr. paikeday.17. the learned counsel then referred to the decision in barendra prasad ray and ors. v. the income tax officer, air 1981 sc 1047^ for support. this judgment turns on the expression business connection' used in income tax, act, 1961. reiterating the observation of rowlatt, j, in christopher barker & sons v. commissioner of inland revenue, (1919) 2 kb 222 at 228 ..... buildings under section 3 of the punjab urban immovable property tax act, 1940 measured by a percentage of the annual value of such buildings remained a tax on building under that act even though the measure of annual value of a building was also adopted as a standard for determining income from property under the income tax act. it was pointed out that although the sams standard was .....

Fantacy Sales Corporation Vs. Sales Tax Inspector and ors.

Court : Kerala

Reported in : [2007]8STT33; (2007)7VST323(Ker)

..... in respect of the goods in question on such a person. it supports the case of the appellant.20. in balaji v. income-tax officer : [1961]43itr393(sc) , the petitioner challenged the provisions of section 16(3)(a)(i) of the income-tax act, 1922 in this court under article 32 of the constitution of india. the petitioner and his wife started a business in partnership ..... and admitted their minor sons to it. while computing the total income of the petitioner for the purpose of assessment to income-tax, the income-tax officer included .....

Babu Premarajan Vs. Superintendent of Police, Kasaragode and ors.

Court : Kerala

Reported in : AIR2000Ker417

..... to state the case setting out its opinion and the reasons therefor, and refer the same for the decision of the high court. under section 256 of the income-tax act, 1961, when the income-tax appellate tribunal makes a reference to the high court, it is required to draw up a statement of the case and refer any question of law to the high ..... is not open to a full bench to decline to answer the questions referred to it by a division bench under section 7(1) of the mysore high court act, 1961 and sent it back to the referring bench without answering the questions referred to it and to direct the referring bench to state reasons in support of the order of ..... court. under section 21 of the chartered accountants act, 1949, similar provision is contained in sub-clause (4) and (5), which contemplates a reference being made to the high court .....

K.M. Mohammed Shafi and Others Vs. Union of India represented by its S ...

Court : Kerala

..... orders of the appellate bodies, a specific power has to be given to the initial tribunal under the relevant statute. under sections 253 and 256 of the income-tax act the income-tax officer who passes the original order of assessment in his capacity as quasi judicial tribunal, is enabled to file an appeal against the order of the appellate assistant ..... i do so i must refer to a case near in point to this case, than any case considered before. analysing the provisions of the advocates act, 1961, the apex court held that the advocate general is not a prosecutor on behalf of the bar council. the apex court after considering the role and function ..... case. 21. in inspecting assistant commissioner, acquisition range, patna v. nand kishore singh and others (1984 [148] itr 721) provisions of section 269h of the income-ttax act, 1961 which provides for an appeal against the order of the tribunal passed under section 269g came up for consideration. right of appeal was given as per the statute on .....

The Commissioner of Income Tax (Central) CochIn Vs. P.D. Abrahm Alias ...

Court : Kerala

..... 1997-98 (relevant for the period from 01/04/1987 to 24/07/1997) under sections 158bc and 158bfa(2) respectively of the income tax act, 1961 (hereinafter referred to as the act for short). these proceedings were completely based on search made in the residential and business premises of the assessee on 24/07/1997 under ..... over a certain limit in cash, black money generation and circulation cannot be controlled because the disincentives on cash dealings contained under the various provisions of the income tax act have failed to achieve the objective. further, by prohibiting use of cash in major transactions terror and mafia funding and corruption could be arrested to a ..... . the assessee is a leading producer and distributor of motion pictures in kerala. a search was made by the intelligence wing of the income tax department under section 132 of the act in the residential and business premises of the assessee on 24/07/1997, which led to recovery of various incriminating documents and books of .....