Section 140a - Judgment Search Results

Asstt. Cit Vs. S Dharamchand Jain

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: (2005)278ITR41(Chennai)

..... by the legislature by finance act 1999 with effect from 1 6 1999 incorporating section 158bc in section 140a 1 has to be taken as prospective in operation according to the learned counsel ..... was already in existence the legislature wanted to incorporate a new thing by including section 158bc in section 140a therefore according to the learned counsel at any stretch of imagination the amendment carried .....

inspecting Assistant Vs. Smt. P. Palaniammal

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1984)7ITD416(Mad.)

..... which were considered by the high court and the new substituted provisions the provisions of section 140a sub sections 1 and 3 which came up for consideration before the madras high court in ..... principles stated in the decision we have considered in some detail the unamended provisions of section 140a considered by the high court and the substituted provisions of the same and also adverted .....

Commissioner of Income Tax Vs. Bimetal Bearings Limited

Court: Chennai

Reported in: [1998]232ITR542(Mad)

..... there was no penalty proceedings for non payment of tax under s 140a 9 sec 140a of the act as originally inserted by finance act 1964 w ..... e f 1st april 1964 stood thus sec 140a self assessment 1 where a return has been furnished under s 139 ..... is when the payment first became due payable under s 140a of the act sec 140a did not say that the self assessment tax is payable .....

Asstt. Cit Vs. S. Dharamchand Jain

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: (2005)96TTJ(Chennai)1033

..... by the legislature by finance act 1999 with effect from 1 6 1999 incorporating section 158bc in section 140a 1 has to be taken as prospective in operation according to the learned counsel ..... was already in existence the legislature wanted to incorporate a new thing by including section 158bc in section 140a therefore according to the learned counsel at any stretch of imagination the amendment carried .....

Jagdish Raj Chauhan, Sohagwanti Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Amritsar

Reported in: (2006)100ITD525(Asr.)

..... only provisions of paying tax on returned income is as per provisions of section 140a so the provisions of section 140a have to be considered to examine whether the assessee had paid tax as ..... by an assessee should be adjusted towards tax and interest the explanation to sub section 1 of section 140a is reproduced below in this regard where the amount paid by the assessee under .....

Patson Transformers Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2006)103TTJ(Ahd.)735

..... the record the controversy under consideration relates to interpretation of explanation to sub section 1 to section 140a which provides that where the assessee pays only part of the amount due ..... if any shall be adjusted towards the tax payable 11 section 234b and section 140a both are separate and independent sections of the act section 234b 1 provides general situation of calculation of interest .....

Brij Lal and ors. Vs. Commissioner of Income Tax, Jalandhar.

Court: Supreme Court of India

Reported in: (2011)1SCC1

..... section 140a towards the interest chargeable under this section 4 where as a result of an order under section 154 or section 155 or section 250 or section 254 or section 260 or section 262 or section 263 or section ..... minus the advance tax paid similarly it is clarified vide sub section 1b to section 140a that interest payable under section 234b for default in payment of advance tax shall be computed .....

Y. Venugopala Reddy Vs. Commissioner of Income Tax and anr.

Court: Karnataka

Reported in: (2003)183CTR(Kar)260

..... regard to the explanation to sub section 1 of section 140a of the act explanation to section 140a read as follows explanation where the ..... department cannot place reliance on the explanation to sub section 1 of section 140a sri ganesh rao contended that since the scheme ..... interpretation of the cbdt the scheme is different from section 140a according to the appellant since the above interpretation of .....

income-tax Officer Vs. Halmira Estate Tea (P.) Ltd.

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (1986)15ITD287(Kol.)

..... was not justified the commissioner appeals considered that the provisions of section 140a 3 are vague and so the determination of the quantum ..... in this appeal according to the assessee the default under section 140a 3 starts from the day the return was filed according ..... answer to that question one should remember the history of section 140a which first came into the statute book with effect from .....

Commissioner of Income Tax, Kolkata I Vs. Birla Corporation Limited

Court: Kolkata

..... in the return e sub section 3 of section 140a provides for consequences in case of omission by an assessee to pay such assessed ..... s140a also partakes the character of assessed tax as would appear from explanation appended to section 140a 1b which provides that assessed tax means the tax on the total income as declared .....