Judgment Search Results Home > Cases Phrase: jute companies nationalisation act 1980 section 22 disbursement of amounts to the companies Sorted by: recent Page 1 of about 24 results (0.091 seconds)

M/S. Shreeji Shipping Vs. C.C.E. and S.T. Rajkot

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Ahmedabad

..... , by a practicing cost accountant in his professional capacity, in any manner; practicing company secretary definition 65(33). "practicing company secretary" means a person who is a member of the institute of company secretaries of india and is holding a certificate of practice granted under the provisions of the company secretaries act, 1980 (56 of 1980) and includes any concern engaged in rendering services in ..... the field of company secretaryship; taxable service 65(48)(u) to a client, by a practicing company secretary in his professional capacity, in any manner; banking and other financial services definition 65(9 .....

Qatar Airways Vs. Shapoorji Pallonji and Co.

Court : Mumbai

..... cooper v. union of india : [1970]3scr530, 555 : (air 1970 sc 56 at p. 584) (the banks nationalisation case) it was held: a company registered under the companies act is a legal person, separate and distinct from its individual members. property of the company is not the property of the shareholders. a shareholder has merely an interest in the ..... united arab republic and a department of government of egypt at cairo on the original side of the calcutta high court . similarly, the action in new central jute mills co. ltd., in which proceedings eventually led upto the supreme court, was brought against an entity which was regarded having regard to the provisions of ..... of the supreme court in veb deutfracht seereederei rostock vs. new central jute mills co. ltd., and anr. (1994) 1 scc 282)an action was brought against a company incorporated in west germany. in defence to the action, it was urged that the company was a department or an agent or instrumentality of the german democratic republic .....

New India Assurance Co. Ltd. Vs. Union of India (Uoi) and ors.

Court : Delhi

..... , promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto and further to amend the insurance act, 1938, the life insurance corporation act, 1956 and the general insurance business (nationalisation) act, 1972.'28. the statement of objects and reasons ('sor') indicates that a need was felt for the insurance industry, which was ..... for filing an appeal before the irda by the insured in case its claim is repudiated. it has to only file a suit for damages against the insurance company. it is next submitted that under section 64um(4) on receiving a report as directed by it under section 64um(3), the irda can issue directions ..... section 64um(2), (3) & (4) of the insurance act indicates the wide powers of the irda to deal with such claims of the insurers. further, the appellate authority?s power is co-terminus with the power of the irda. reliance is placed on the judgment in jute corporation of india ltd. v. commissioner of tax : jt 1990 .....

Vasudev Vyas Vs. National Insurance Co. Ltd. and ors.

Court : Rajasthan

Reported in : RLW2009(1)Raj62

..... for the respondents, only section 17a of the general insurance business (nationalisation) act, 1972 ['the act of 1972'] and the amendment scheme of 2005 issued thereunder are of statutory character and rest all has been left by the legislature to be worked out by the company and the authorities concerned to determine the manner in which the ..... .e., the cases of secretary to the government and anr. v. m. senthil kumar 2005 air scw 1269; and union of india and ors. v. indian jute mills associations and ors. 2005 air scw 2723 have got no relevance even to the very question as posed by the petitioner. in m. senthil kumar (supra), ..... part of the order of high court was set aside. similarly, in the case of indian jute mills associations (supra), the question was regarding extent of power of advisory committee constituted under jute packaging materials (compulsory use in packing commodities) act, 1987 to make its recommendations to the central government for formulation of road map for progressive .....

National Co-operative Development Council Vs. the Commissioner of Inco ...

Court : Delhi

Reported in : (2007)207CTR(Del)717; [2008]300ITR312(Delhi)

..... the year when it was acquired or within a short period thereafter. the main test is its permanency, i.e., whether the value of the capital of the company or its asset or its goodwill is permanently increased by reason of such expenditure. it is impossible to lay down any test which would meet all cases. for ..... of the revenue deposited by the assessed in the reserve bank/state bank/nationalised bank.13. the assessed, national cooperative development corporation, as aforesaid is a statutory corporation constituted by the ncdc act. the functions of the corporation are contained in section 9 of the ncdc act. the primary functions of the corporation are to plan, promote and ..... capital expenditure merely because these disbursements may be in the nature of capital receipts from the point of view of the recipient. to buttress this argument he relied upon empire jute co. ltd v. commissioner of income tax : [1980]124itr1(sc) , wherein the supreme court has held that:in the first place, it is not a .....

Trend Vyappar Ltd. and anr. Vs. Regional Provident Fund Commissioner I ...

Court : Kolkata

Reported in : 2005(2)CHN495

..... in this appeal is a company within the meaning of the companies act, 1956 and claims to be carrying on business at 24, netaji subhas road, kolkata - 1. the appellant no. 2 is a director-shareholder of the appellant no. 1 company.2. the respondent no. 6, the kelvin jute company ltd. is the owner of kelvin jute mill. having suffered considerable ..... of the appellant no. i/company to enable it to continue its smooth operation of the jute mill.27. we, accordingly, dispose of the appeal and all the connected applications by directing that subject to the furnishing of the bank guarantee for a sum of rs. 24,00,000/- from any nationalised bank to the satisfaction of the ..... registrar, original side of this court, the regional provident fund authorities shall recredit the sum of rs. 24,33,854/- to the account of the appellant/company in the citi bank, brabourne road branch, kolkata, being account no. .....

Jayanta Kumar Banerjee Vs. Uco Bank and ors.

Court : Kolkata

Reported in : 2004(3)CHN380

..... government makes regulations with regard to the various administrative functions.28. from a plain reading of the provisions of section 19 of the said act it appears that a nationalised bank is an autonomous body within the guidelines laid by the reserve bank of india and the central government, and the cpwd manual, which ..... decision referred to by shri mukherjee, learned senior advocate for the petitioner in monoranjan bapri and ors. v. state of west bengal and ors. (supra), jute corporation of india ltd. v. nellimaria jute mills co. ltd. & anr., (supra) and sachin barick general enterprises (p) ltd. v. income tax officers and ors. (supra) are considered ..... any other authority for that matter. it is only the appropriate rent act will govern the field. shri rajasekhar submitted that in view of section 19 of the banking companies (acquisition and transfer of undertakings) act, 1969 (hereinafter referred to as the said act) the board of directors of a bank in consultation with the reserve .....

Nand Kishore Jaiswal Etc. Vs. State of Jharkhand and ors. Etc.

Court : Jharkhand

Reported in : [2003(4)JCR634(Jhr)]

..... non-assessee, it was required to submit 'no objection/ clearance certificate';(vi) the certificate of registrar of companies, in case of a company to show that the company is not under liquidation, solvency certificate of rupees thirty five lakhs issued by nationalised/schedule bank;(vii) project report showing infrastructure of machines, their capacities, source of supply of machines, price ..... .12. the respondents have also brought on record that the petitioner - kali impex pvt. ltd. of wp (c) no. 2442 of 2002 is a company registered under the companies act in west bengal. it was required to submit proof of its distillery in west bengal as per condition 1 (gha) of n.i.t., but it ..... a non-distillery company of the state of jharkhand merely on the ground that it has a branch office at j.c. malik road, hirapur, dhanbad.13. admittedly, the petitioner - kali impex pvt. ltd. is not engaged in any kind of alcohol liquor business but it is engaged in the business of jute materials. its registered .....

Commissioner of Income Tax Vs. the Nedungadi Bank Ltd.

Court : Kerala

Reported in : (2003)182CTR(Ker)403; [2003]264ITR545(Ker); 2003(2)KLT443

..... basis of the market value of the securities and shares. the supreme court noted the following undisputed facts:'(a) the appellant is a nationalised bank and, therefore, is governed by the banking regulation act, 1949.(b) the appellant follows the mercantile system of accounting both for book-keeping purpose as well as for tax purposes.(c) the ..... -sections (1), (2a) and (4)(a) thereof without the explanation reads thus:'24(1): after the expiry of two years from the commencement of this act, every banking company shall maintain in india in case, gold or unencumbered approved securities, valued at a price not exceeding the current market price, an amount which shall not at the ..... cases, it is open to the income-tax officer as well as the assessee to point out the true and proper income while submitting the income tax return. in kedarnath jute mfg. co. ltd. v. cit : [1971]82itr363(sc) , this court has negatived the contention that (page 367):'........ if an assessee under some misapprehension or .....

Cit Vs. Nedungadi Bank Ltd.

Court : Kerala

Reported in : [2003]130TAXMAN93(Ker)

..... basis of the market value of the securities and shares. the supreme court noted the following undisputed facts :'(a) the appellant is a nationalised bank and, therefore, is governed by the banking regulation act, 1949.(b) the appellant follows the mercantile system of accounting both for book-keeping purpose as well as for tax purposes.(c) the ..... .'** ** **(2a) (a) notwithstanding anything contained in sub-section (1), or in subsection (2), after the expiry of two years from the commencement of the banking companies (amendment) act, 1962(i) a scheduled bank, in addition to the average daily balance which it is, or may be, required to maintain under section 42 of the reserve bank ..... cases, it is open to the income tax officer as well as the assessee to point out the true and proper income while submitting the income-tax return. in kedarnath jute mfg. co. ltd. v. cit : [1971]82itr363(sc) , this court has negatived the contention that :. if an assessee under some misapprehension or mistake fails .....