Judgment Search Results Home > Cases Phrase: principal interest taxes and insurance piti Sorted by: recent Court: gujarat Page 1 of about 504 results (0.050 seconds)

Ahmedabad Municipal Corporation Vs. Mukeshkumar Babulal Shah

Court : Gujarat

Reported in : (2000)1GLR871

..... special notices had also been quashed and the respondent corporation was directed to refund the tax, if paid, to the respondents with interest from the date of the deposit within three ..... effect, the ratio decidendi of the decision in anant mills' case (supra) is that the small causes court exercises the same power and will have the same jurisdiction, which is exercised by the commissioner for the purposes of determining what should be the correct rateable value.12. ..... municipal corporation, ahmedabad, reported in 1993(2) glh 897, held that it was in agreement with the observations made in anant mills's case (supra) and following the ratio of the decision in anant mills' case (supra), the division bench found that even if the assessment is held to be not in accordance with law, whether because of the wrong method followed with ..... the small causes court cannot create a situation, wherein the assessment is reduced to zero and the assessee is let scot free from paying any tax to the municipal corporation in respect of the year for which the assessment is found to be illegal by the small causes court, as has been held by the division bench of this court in the aforesaid decision in municipal corporation of ..... oriental insurance (supra) and the court found that where an assessee chooses to file a complaint against the proposal to fix or increase the rateable value, even without the issuance of a valid special notice under rule 15(2), the principle of waiver ..... fire & general insurance co. .....

Acharya D.V. Pande Vs. Commissioner of Income-tax

Court : Gujarat

Reported in : AIR1965Guj262; [1965]56ITR152(Guj)

..... vacate the house in which he was residing at the time owing to the high cost of upkeep but the company in its own interest desired that he should continue in the same house and it was, therefore, agreed that he should continue to reside in the same house and the company should pay all outgoing in respect of the house including rates, taxes and insurance, and cost of gas, electric light and telephone and maintain the house and gardens in proper condition ..... on which we find this case explained in elements of income tax and profits tax law, fifth edition, page 110, and british tax encyclopaedia, volume 1; paragraph 1.134 ..... . the speech of the lord clyffe does no more than point out that the only question in (1892) 5 tax cas 158 was whether anything in respect of the annual value of the portion occupied by the agent could be treated as income under schedule e and the learned law lord emphasized that the case had nothing to do with schedule a which was the schedule with which the house of lords was concerned ..... now namvero, as the very name suggests, is a salutation tax and salutation is made to the acharya not because of any considerations personal to the indiviual who happens to be the acharya but because he is ..... in the assessment of the assessee for the assessment years 1958-59,1959-60 and 1960-61 the corresponding previous years being samvat years 2013,2014 and 2015, the income -tax officer added the sum of rs.2000/- per month as also the amounts representing the aforesaid expenses .....

Gujarat Flourochemicals Ltd. Vs. Commissioner of Income-tax

Court : Gujarat

..... but when it comes to granting of interest on refund of taxes, the refunds are first adjusted towards the taxes and then the balance towards interest. ..... order passed by the authority under the income tax act, which is produced at annexure-p to the petition; and, (3) the order dated april 19, 1993 passed by the government of india refusing to grant interest on refund on the ground that the provisions of section ..... october 6, 1992 passed by the commissioner of income tax, baroda, declining to accept the claim of the petitioner for interest on refund on the ground that it is not admissible under sections 243(1)(b), 244(1a) and 214(2) of the act, produced at annexure-n; (2) the order dated january 18, 1993 passed by the chief commissioner of income tax, gujarat, ahmedabad, refusing to pay interest on the excess amount of tax deducted at source on the ground that the excess amount of tax deducted at source was not as a result of any .....

Citizens Resource and Action Initiative Cranti Vs. State of Gujarat an ...

Court : Gujarat

..... before the court was of such a nature which required examination; (ix) that the person approaching the court has come with clean hands, clean heart and clean objectives; that before taking any action in public interest the court must be satisfied that its forum was not being misused by any unscrupulous litigant, politicians, busy body or persons or groups with mala ..... if not remedied or prevented would weaken the faith of the common man in the institution of the judiciary and the democratic set up of the country; (vii) that the state action was being tried to be covered under the carpet and intended to be thrown out on technicalities; (viii) public interest litigation may be initiated either upon a petition filed or on the basis of a letter or other information ..... banks have been directed to submit the summary details of the farmers participated and benefited in the scheme, under sc/st and other category to aic with details including number of farmers, area insured, sum insured, premium paid, premium subsidy, consolidated summary in the declaration format, separately, ..... with the expectations of the people, then in that case, it is for the people to correct the defects by exercising their franchise properly in the next elections and voting for candidates who will fulfill their expectations or by other lawful means in a peaceful manner to arouse the conscience of the government, but the remedy is surely not by approaching the judiciary ..... direct that the principal amount of loan obtained .....

Costal Gujarat Power Limited Vs. Chief Controlling Revenue Authority a ...

Court : Gujarat

..... the transferor is called a mortgagor, the transferee a mortgagee; the principal money and interest of which payment is secured for the time being are called the mortgage-money, and the instrument (if any) by which the transfer is effected is called a mortgage-deed. ..... (supra), the supreme court held that it is a settled position of law that in interpreting items in statutes like the excise acts or the sales tax acts, resort should be had not to the scientific or technical meaning of the terms or expressions used but to how the product is identified by the class or section of people dealing with or using the product. ..... below: 2[l] instrument includes every document by which any right or liability is, or purports to be created, transferred, limited, extended, extinguished or recorded but does not include a bill of exchange, cheque, promissory note, bill of lading, letter of credit policy of insurance, transfer of share, debenture, proxy and receipt. 3.1 mr. ..... after hearing the learned counsel for the parties and after going through the provisions contained in the act, it appears that according to section 2[l], an instrument has been defined as including every document by which any right or liability is or purports to be created, transferred, limited, extended, extinguished or recorded, but does not include a bill of exchange, cheque, promissory note, bill of lading, letter of credit policy of insurance, transfer of share, debenture, proxy and receipt. 12. .....

National Insurance Company Limited Vs. Koli Bhayabhai Rajsibhai and Ot ...

Court : Gujarat

..... the money deposited by the insurance company in the tribunal below be returned with interest which has accrued to the principal after the lapse of two months from today. ..... upon the notification dated june 2, 1986 issued by the secretary, tariff advisory committee, bombay, wherein, it was specifically provided that extra benefit no.2 granting legal liability to cover side car passengers will stand deleted and standard cover under section 2[1][a] of policy should be re-worded as under:- death or bodily injury to any person including person conveyed in or on the motor cycle provided such person is not carried for hire or reward ..... in order to appreciate the effect of the notification dated june 2, 1986 issued by the tariff advisory committee, bombay and relied upon by the learned tribunal, it will be appropriate to quote the entire notification which is quoted below: "private and confidential: issued for the use of insurers carrying on general insurance business in india)tariff advisory committeebombay mot/gen/10 ador house, 1st floor 6 k. ..... although there was a specific column for payment of additional premium for accident benefits to unnamed driver/pillion passenger as per end imt.70 and also for accident benefits to insured as per end imt.4[b], no amount of premium was paid under those columns which were specifically stated to be nil. .....

Oriental Insurance Company Ltd Vs. Kanaiyalal Shitaldas Kahar and Anot ...

Court : Gujarat

..... from the said document, it appears that except the statutory deductions towards provident fund and professional tax, all other deductions were towards different kinds of loans / advances taken by the claimant for which monthly installments were being paid from the ..... award passed by the tribunal is modified to the extent that the respondent, original claimant, shall be entitled for total compensation of rs.1,76,800/- [rupees one lac seventy six thousand eight hundred only], along with interest and costs, as awarded by the tribunal. ..... no.163/1993 whereby, the claim petition was allowed in part and the appellant, along with original opponent no.1, was jointly and severally held liable to make payment of compensation to respondent no.1, original claimant. ..... appellant, original opponent no.2, has preferred the present appeal against the judgment and award dated 13.06.2005 passed by the motor accident claims tribunal (aux. ..... has also been submitted that the claimant was 45 years of age at the time of accident and therefore, the tribunal ought not to have adopted the multiplier of 15. ..... the appellant-insurance company has challenged the impugned award mainly on the aspect of ..... excess amount of rs.29,580/- shall be refunded to the appellant-insurance company. ..... , the excess amount of rs.29,580/- is to be refunded to the appellant-insurance company. 7. ..... has been submitted that the tribunal has seriously erred in assessing the income of claimant at rs.4,100/- and the prospective income at rs.6,150/-. .....

Geetaben Jigneshbhai Modi. Vs Life Insurance Corporation of India and ...

Court : Gujarat

..... acted in a manner prejudicial to the interest of the corporation as envisaged under regulations 8(2)(b) and 16(1)(a)(b) & (d) of (agents') regulations 1972.i therefore, order as under:as per regulations 16(1)(a)(b) & (d) of (agents') regulations 1972, your above agency is terminated and renewal commissions payable to you as per regulation 19(1) of agents' regulations 1972 stands forfeited with immediate effect.you are disqualified and shall not solicit or procure new life insurance business on our behalf at any time.17 ..... the said sub-regulation, commute all commission payable in subsequent financial year for a lump sum which shall be three times the amount of renewal commission paid in the said financial year, and on the payment of such lump sum to the agent or his nominees or heirs, as the case may be, no commission on the business effected through the agent shall be payable ..... being an agent whose appointment has been terminated under clause (e) of sub-regulation (1) of regulation 16 has continually worked as an agent for at least two years from the date of his appointment and policies assuring a total sum of not less than rs.1 lakh effected through him were in full force on the date immediately prior to such termination;provided that in respect of an absorbed agent the ..... principal contentions on behalf of the appellant are as under: (i) the orders of the authorities of the corporation terminating the agency and forfeiting commissions are patently illegal and erroneous and .....

Maheshkumar Ramniklal Shah Vs Life Insurance Corporation Ltd.

Court : Gujarat

..... was no justification for the corporation (lic) to deny revival of the policies of the petitioner, particularly, when full premium due for a given year was paid with interest claimed thereon and there was no financial loss to lic and, therefore, we allow these letters patent appeals by quashing and setting aside the order of learned single judge as well as order dated 9.5.2009 passed by respondent (lic) with further direction to lic to revive the policies ..... policies: if the policy has lapsed, it may be revived during the life time of the life assured, but within a period of 5 years from the date of the first unpaid premium and before the date of maturity on submission of proof of continued insurability to the satisfaction of the corporation and the payment of all the arrears of premium together with interest at such rate as may be fixed by the corporation from time to time compounding half-yearly. ..... (b) that subject matter of dispute was pertaining to contract/agreement and, therefore, the petitioner had an efficacious and alternative remedy of filing a suit for damages and(c) that the petitioner had not disclosed his income by producing any document regarding income tax return and profit of the company.the above orders of learned single judge are under challenge before ..... further contend that the learned single judge erred in holding that documentary proof with regard to income-tax returns were not produced by the petitioner so that payment of huge premium could be justified. .....

Kantibhai Valjibhai Shah Vs. Kokilaben Wd/O. Haribhai Ambalal Patel an ...

Court : Gujarat

Reported in : (2009)3GLR2416

..... as and when appellant-insured-owner file such application and receive by claims tribunal, it is directed to claims tribunal to consider said application filed by appellant-insured-owner and refund principal amount deposited by account by cheque in name of appellant-insured after proper verification. ..... 50,000/- in both cases which deposited by insurance company before claims tribunal, mehsana and after realizing it, it is directed to claims tribunal, mehsana to refund amount which are lying in fdr with accruing interest to appellant owner by a/c payee cheque in their names and after realizing amount from insurance company deducted rs. ..... to deposit remaining amount of compensation before claims tribunal, mehsana with 12% interest as directed by claims tribunal, mehsana from date of filing claim petition till realisation with proportionate cost thereon within a period of two months from date of receiving copy of present order. ..... i have considered his submission and directed to claims tribunal, mehsana that after realizing entire awarded amounts together with costs and interest after adjusting rs. ..... 1 to 3 are jointly and severally liable to pay compensation to respondents-claimants with running interest at the rate of 12% and direction issued by claims tribunal, mehsana subject to limited liability of rs. ..... is having unlimited liability to cover risk of third party and therefore entire awarded amounts together with costs and interest in respect to macp no. .....