Judgment Search Results Home > Cases Phrase: income tax act 1961 chapter xiv procedure for assessment Court: karnataka Page 10 of about 934 results (0.067 seconds)

All India Regional Rural Banks Employees' Association, Bernampur, Dist ...

Court : Karnataka

Reported in : ILR1999KAR1064; 2000(3)KarLJ157

..... rural sector.......indisputably commercial banks and rrbs carry on similar banking business and participate in the development of rural economy as partners in the rural development acting as instrumentalities of the state in accordance with the directive principles of the constitution. establishment of rrbs is to fill in the vacuum in the economic ..... of india. the government would pass appropriate orders determining the remuneration of all the employees of the regional rural banks in terms of the provisions of rrb act. it is contended by respondents 1 and 2 that in the above circumstances, the filing of the writ petition is premature and is not maintainable and ..... that of the commercial banks and rrbs carry on similar banking business and participate in the development of rural economy as partners in the rural development acting as instrumentalities of the state in accordance with the directive principles of the constitution and it would be unjust and unreasonable to deny the rrb employees .....

Surfa Coats (Bangalore) Ltd. Vs. the Authority for Clarifications and ...

Court : Karnataka

Reported in : ILR2006KAR1285

..... therefore, the authority could not have come to the conclusion that the white cement is a cement and would fall under entry 9 of the first schedule to the act and exigible to tax at the rate of 5% in view of the notification issued by the state government dated 30-3-2002. in support of his contention, the learned counsel places ..... by the appellant does not fall within the entry 'all types of cement' and consequently, it is not exigible to levy of export tax. 11. as we have already stated, entry 9 of the first schedule to the act speaks of cement, water and weather proofing components. the legislature has not used the expression 'cement of all kinds'.12. in kajaria's ..... . the short question that arises for our consideration in this appeal is whether the white cement is a cement covered under entry 9 of the first schedule to the karnataka tax on entry of goods act, 1979 ('the act' for short) and notification no. fd 11 get 2002 dated 30-3-2002 and taxable under section 3(1) of the .....

Govindji Punshi and anr. Vs. the Tahsildar, Savanur, Savanur District, ...

Court : Karnataka

Reported in : [1986]62STC399(Kar)

..... firm are the debts and liabilities of the partners. the supreme court in malabar fisheries co. v. commissioner of income-tax, kerala : [1979]120itr49(sc) , has held that a partnership firm under the partnership act, 1932, is not a distinct legal entity apart from the partners constituting it and equally in law the firm ..... machinery for the computation of tax and not with a charging provision of the sales tax act.' 19. on the principle governing interpretation of machinery provisions in a taxing statute, the supreme court in murarilal's case : [1976]1scr689 , referred with approval, the observations of the privy counsel in commissioner of income-tax, bengal v. mahaliram ramjidas ..... assessee, that it is a partnership firm, he will then turn to the tax law and apply its relevant provisions for assessing the partnership income'. 23. section 25 of the indian partnership act, which deals with the liability of partners for acts of the firm reads thus : 'every partner is liable, jointly with all .....

Swathi Traders Vs. Commercial Tax Officer, Xii Circle, Bangalore and o ...

Court : Karnataka

Reported in : ILR1990KAR425

..... hearing of the final appeal.' (ii) the recent decision of the supreme court dealing with the powers of the appellate tribunal under the income-tax act is the one reported in (commissioner of income-tax v. bansi dhar & sons). 30. it was held in that case that the high court cannot exercise its inherent power under section ..... dealing with the powers of the appellate tribunal under section 254 of the income-tax act. though there as no specific conferment of power to stay the recovery of the disputed tax during the pendency of the appeal under section 254 of the income-tax act, the supreme court held that the powers conferred on the appellate tribunal with ..... constitutional power under article 226 to grant stay of recovery of the disputed tax in a reference pending before it under the income-tax act. but the supreme court observed that, in appropriate cases the assessee is entitled to apply before the income-tax appellate tribunal to grant stay of recovery until the disposal of the reference .....

Corporation of City of Mangalore, by Its Commissioner Vs. Saptagiri Ho ...

Court : Karnataka

Reported in : ILR2003KAR2410

..... under the act cannot be taken away by the code of civil procedure. therefore, the contention of the learned counsel for the ..... counsel for the respondent-commissioner in the case of commissioner of income tax, delhi v. bansi dhar and sons, : [1986]157itr665(sc) cannot be made applicable to the facts of this case as there was a specific bar under section 66 of the income tax act regarding the matters to be adjudicated and thereby the powers conferred ..... well as running a conference hall. the premises in question was originally coming within the village panchayat limits of kunjathbail and assessed for property tax. according to the village panchayat act and regulations, the area in which the premises were located was transferred to the limits of the corporation area. thereafter, the corporation issued .....

Corporation of City of Mangalore Vs. Sapthagiri Hotels (Private) Limit ...

Court : Karnataka

Reported in : 2003(4)KarLJ393

..... conferred under the act cannot be taken away by the code of civil procedure. therefore, the contention of the learned counsel for the corporation ..... counsel for the respondent-commissioner in the case of commissioner of income-tax, delhi v. bansi dhar and sons : [1986]157itr665(sc) , cannot be made applicable to the facts of this case as there was a specific bar under section 66 of the income-tax act regarding the matters to be adjudicated and thereby the powers ..... well as running a conference hall. the premises in question was originally coming within the village panchayat limits of kunjathbail and assessed for property tax. according to the village panchayat act and regulations, the area in which the premises were located was transferred to the limits of the corporation area. thereafter, the corporation issued .....

V. Verghese and Another Vs. Deputy Commissioner of Income-tax and Anot ...

Court : Karnataka

Reported in : ILR1994KAR11; [1994]210ITR511(KAR); [1994]210ITR511(Karn)

..... view of the relevant statutory provisions governing the field. 5. section 4 of the income-tax act, 1961, deals with charge of income-tax and provides that where any central act enacts that income-tax shall be charged for any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that year in accordance with ..... 1983, for the petitioner-assesses who is an individual, the income-tax officer being the deputy commissioner of income-tax, resorted to rule 9a of the income-tax rules, 1962, framed by the central board of director taxes, in exercise of powers conferred on it under section 295 of the income-tax act, 1961. so far as the petitioner-firm is concerned, for the ..... made the assessments for both these petitioners accordingly and gave limited relief to the petitioners under section 37(1) of the income-tax act, 1961, in view of the limits laid down by the aforesaid rules. these assessment orders are challenged by the concerned petitioners by filing the .....

The Principal Commissioner, Vs. M/s Ennoble Construction,

Court : Karnataka Dharwad

..... arguments advanced by the learned for the respondent/assessee namely shri mayank jain, where certain judgments and so also the materials inclusive of the specific provisions of the income tax act, 1961 are relied, it is deemed appropriate to refer section 11 of the code of civil procedure, 1908, which reads as under: 11. res judicata. no ..... road ballari-583 101 pan: aabfe6394e. respondent (by shri mayank jain, advocate) this ita is filed under section 260a of the income tax act, 1961 praying to set aside the orders passed by the income tax appellate tribunal, c bench, bengaluru in ita no.1844/bang/2013, dated 29.07.2016 and confirm the order passed by the deputy ..... preferred by the assessee / respondent against the separate orders dated 24.09.2013 of the cit (appeals)-vi, bengaluru for the assessment year 2006-07 confirming the penalty levied under section 271(1)(c) of the income tax act, 1961 (for short the act, 1961 ). 34. it is relevant to refer to the impugned order dated 29.07.2016, .....

Southern Herbals Ltd. Vs. Settlement Commission and anr.

Court : Karnataka

Reported in : (2003)180CTR(Kar)536

..... expenses should be written off over a period of ten years. thus, the net profit of the applicant would increase by rs. 1,88,35,861,02 and the income-tax on the interest income amounting to rs. 1,64,86,570 has to be provided. the ao for the asst. yr. 1993-94 observed that the share issue expenses could not be ..... the settlement commission can he interfered with only,'(i) if grave procedural defects such as violation of the mandatory procedural requirements of the provisions in chapter xix-a of the it act, 1961, and/or violation of the rules of natural justice are made out; or (ii) if it is found that there is no nexus between the reasons given and the ..... expenditure can be made except as provided by the act. the supreme court further noticed as under:'the basic proposition that has to be borne in mind in this case is that it is possible for a company to have six different sources of income each one of which will be chargeable to income-tax, profits and gains of business or profession is only .....

Mittal Steel Ltd. Vs. Assistant Commissioner of Income-tax and anr.

Court : Karnataka

Reported in : [1999]240ITR707(KAR); [1999]240ITR707(Karn)

..... , as the case may be, referred to in sub-section (1).' 2. the petitioner has not deducted the tax which was required to be deducted under section 194c of the income-tax act, 1961. the submission is that, under section 201 of the act, no process of assessment or determination of liability has been provided nor any guidelines have been given, as such, ..... v.k. singhal, j. 1. the validity of section 201 of the income-tax act, 1961, has been assailed in this writ petition. section 201 of the income-tax act, reads as under : '20(1) if any such person and in the cases referred to in section 194, the principal officer and the company of which he is ..... the provision is violative of articles 14 and 19 of the constitution of india. 3. from a perusal of section 201 of the act, it is evident .....