Court : Rajasthan
Reported in : 2003(1)WLN74
..... .i.t., jodhpur v. oil & natural gas commission) 34. these are applications under section 256(2) of the income- tax act, 1961 seeking a direction from this court, because by the order dated 26.5.1998, the income-tax appellate tribunal, jaipur bench, jaipur has rejected the application under section 2e6(1) for stating the case and referring the ..... the head profits and gains of business or profession on the basis of computation made in terms of section 44bb of the income-tax act, 1961. according to the assessee he is liable to pay tax on '10% of the aggregate of the amount specified in sub- section (2) of section 44bb. accordingly, he has included in computation ..... the assessing officer to re-compute the income of the assessee by including the entire receipt of the income-tax payable by the company in india as part of the income from profits and gains of business falling under section 26(4) of the income-tax act, 1961, by excluding it from computation of income made under section 44bb(2). 4. .....
Tag this Judgment!Court : Rajasthan
Reported in : [1994]207ITR632(Raj); 1994(1)WLC510
..... magistrate (economic offences), jaipur, dated august 17, 1991, whereby the charges have been framed against the petitioners for the offence under section 277 of the income-tax act, 1961. since a common question is involved in all these three petitions, for the sake of convenience, i dispose of them by this common order.2. the ..... unregistered firm and assessed as such. not only that, the prosecution also lodged against the partners for offences under section 277 read with section 278 of the income-tax act, 1961, as well as section 477a of the indian penal code, and complaint to this effect was filed in the court of munsif and judicial magistrate, barmer ..... too the accused petitioners were discharged for the offences under section 277 read with section 278 of the income-tax act and only framed the charges against the accused petitioners for the offence under section 277 of the income-tax act. out of six, only three witnesses have been examined by the prosecution, that too pre-charge witnesses .....
Tag this Judgment!Court : Rajasthan
Reported in : [1989]179ITR67(Raj); 1987(2)WLN336
..... in case no. 340 of 1986, pending trial in the court of the chief judicial magistrate (economic offences) jaipur city, jaipur, under section 276c of the income-tax act, 1961, provided he furnishes a personal bond in the sum of rs. 30,000 with two sureties in the amount of rs. 15,000 each to the satisfaction ..... (economic offences), jaipur city, jaipur, under section 276c of the income-tax act, 1961 (hereinafter referred to as 'the act').2. a complaint under sections 276c, 276cc and 277 of the act was filed in the court of the chief judicial magistrate (economic offences), jaipurcity, jaipur, by the income-tax officer, central circle-ii, against the petitioner. the learned chief judicial ..... that this tux amount has been paid even though an appeal against the summary order passed by the learned income-tax officer has been filed which is still pending. the objections under section 132(11) of the act have also been filed and several reminders to decide the same have been sent to the department, but .....
Tag this Judgment!Court : Rajasthan
Reported in : 2002(2)WLC391; 2002(5)WLN136
..... can deduct the amount for area found less during joint survey.''your kind attention is also invited to the provisions of section 194-1 of the income tax act, 1961 as amended for compliance as regard recovery of income tax at source and, therefore, the same be deducted while making payment.'5. against aforesaid deduction (ann. 15) the petitioner moved an application (ann. 20b) on 4 ..... . 21,49,932/-, exemption is claimed by the assessee (petitioner) by virtue of section 10(19a) of the income tax act, 1961 (for brevity it act), though admittedly such tds income tax amount has already been deposited by challan with the it department by the collector, kota and the income tax department is not arrayed as party respondent to this writ petition. however, i have heard this writ petition alongwith .....
Tag this Judgment!Court : Rajasthan
Reported in : [2000]244ITR789(Raj)
..... are assessable as capital gains. it was further held that the expression 'agricultural land' is not defined in the income-tax act, 1961. the underlying object of the act to exempt 'agricultural income' from income-tax is to encourage actual cultivation or de facto agricultural operations. the actual user of the land for agricultural purpose ..... narrower test for the purposes of determining the nature and character of land at the time of transfer for the purpose of the income-tax act, 1961, and the wealth-tax act, 1957, the apex court remanded the matter to the tribunal for fresh determination of the issue in the light of the principles ..... is used for agricultural purposes, would be revenue derived from such land and, therefore, agricultural income within the meaning of section 2(14)~income tax act, 1961~^ of the income-tax act, 1961, and parliament would have no legislative competence to tax such agricultural income. therefore, to the extent that sub- clause (iii) of section 2(14) as amended .....
Tag this Judgment!Court : Rajasthan
Reported in : 1995(1)WLC672; 1994(2)WLN576
..... through its partner, jhangi ram, a statement in form no. 37-1 as required under rule 48l of the income-tax rules was submitted before the appropriate authority in accordance with the provisions of section 269ud of the income-tax act, 1961, on march 9, 1993. it is submitted that the notice was issued by the district valuation officer (appropriate ..... property on march 30, 1993. the transferor submitted the documents as well as the report of the authorised valuer under the income-tax act dated april 9, 1993. thereafter, notice under section 269ud(1) of the income-tax act dated may 21, 1993, was sent to the transferor as well as the transferee which was received by both of ..... similarly, the decision in the case of rameswar goenka v. ito has no relevance because in that case the document on which reliance was placed by the income-tax officer for holding that there was no genuine firm in existence was not disclosed to the firm and no explanation, therefore, could have been offered. since no .....
Tag this Judgment!Court : Rajasthan
Reported in : (2003)185CTR(Raj)601; [2003]264ITR744(Raj)
..... the provisions for making a regular assessment for detailed scrutiny of some of the returns after issuing notices.15. at the inception of enactment of the income-tax act, 1961, the assessment under sub-section (1) of section 143 was not provisional in nature but was a final order of assessment which the assessing officer ..... .4. the return of income was filed by the assessee on october 30, 2000, for the assessment year 2000-2001. ..... for the parties.2. this appeal is directed against the order of the income-tax appellate tribunal, jodhpur bench, jodhpur, dated march 27, 2002.3. the appeal relates to intimation/assessment under section 143(1) of the income-tax act, 1961 (hereinafter called as 'the act'), for the assessment year 2000-2001 in the case of the respondent-assessee .....
Tag this Judgment!Court : Rajasthan
Reported in : [1994]206ITR222(Raj); 1993(3)WLC416
..... -do--do--do-total1,33,810 3. the prosecution case, as per the complaint, is that the petitioner-firm, messrs. universal supply corporation, is a registered partnership-firm under the income-tax act, 1961, and, in the assessment year 1982-83, the firm was reconstituted, whereby petitioners nos. 2, 3 and 4 were made partners. for the assessment year 1987-88, the returns of ..... are the same and they have prayed for quashing the criminal proceedings initiated against them under section 276b read with section 278b of the income-tax act, 1961 (for short, 'the act').2. non-petitioner no. 2, viz., deputy commissioner, assessment-i, income-tax, jaipur, filed eight separate complaints against the petitioners on december 21, 1988, for the offence under section 276b read with section 278b of .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR1967Raj61
..... , 1680, prior to the detection of such income by the income-tax officer or the seizure of such gold under ..... ) where a person who has ac quired any gold out of his income which has not been disclosed by him for the purposes of the indian income-tax act, 1992, or the income-tax act, 1961, or the excess profits-tax act, 1940, or the business profits tax act, 1947, or the super profit tax act, 1963, or the companies (profits) surtax act, 1964, tenders such gold as subscription for the national defence gold bonds .....
Tag this Judgment!Court : Rajasthan
Reported in : (2003)179CTR(Raj)432; [2003]260ITR41(Raj)
..... development duty and that the said amount has actually been incurred wholly for that purpose. as such this amount is exempt from income-tax under section 10(14) of the income-tax act, 1961, and, therefore, no tax has been deducted at source thereon.(branch manager)'.28. it is, thus, evident that the conveyance allowance and the additional conveyance ..... (see [1989] 178 itr 43) :'in exercise of the powers conferred by sub-clause (i) of clause (14) of section 10 of the income-tax act, 1961 (43 of 1961), the central government hereby specifies any allowance granted to meet the expenditure incurred on conveyance in the performance of the duties of an office or employment of ..... by them as per circular dated march 3, 1987, issued by the life insurance corporation is exempt under section 10(14) of the income-tax act, 1961, hereinafter referred to as 'the act of 1961', as special allowance or not2. since the learned single judge has disposed of the writ petitions by a brief order having found the .....
Tag this Judgment!