Judgment Search Results Home > Cases Phrase: indian boilers amendment act 2007 section 11 amendment of section 11 Sorted by: recent Court: income tax appellate tribunal itat madras Year: 1998 Page 1 of about 1 results (0.257 seconds)

T.R. Ganapathy Chettiar Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1999)240ITR33(Mad.)

..... the indian income-tax act, 1922, was substituted by the income-tax act, 1961, section 32 provided for development rebate as before on almost identical terms. sub-section (5) enabled the government to dis-continue the rebate which was done by a notification in 1971. it was revived by the finance act, 1977, in some cases. the direct taxes (amendment) act, ..... 1974, gave an initial depreciation instead by inserting clause (vi) to section 32(1). this was then replaced by section 32a providing for investment allowance by the finance act of 1976. the conditions prescribed were the same as ..... . the question was whether the trust could come into existence even before the trust deed was executed. in the commentary of shri o. p. aggarwala on the indian trusts act, 1882, (1970) sixth edition, at page 223, the following is what is held : "where a transfer of property is made to a person in such .....