Judgment Search Results Home > Cases Phrase: sugar development fund act 1982 section 5 applications for loans or grants Court: mumbai Page 8 of about 150 results (0.138 seconds)

Vishwanath Baburao Chokote and ors. Vs. State of Maharashtra Through S ...

Court : Mumbai

Reported in : 2003(1)ALLMR474; 2003(2)BomCR771

..... further reviewed the list of industries retained under compulsory licensing and has decided to delete sugar industry from the list ofindustries requiring compulsory licensing under the provisions of the industries (development and regulation) act, 1961. however, in order to avoid unhealthycompetition among sugar factories to procure sugarcane, a minimum distance of 15 km. would continue to be ..... sahakari sakhar karkhana ltd., on that point itself, he cannot claim a registration. section 4 of the m.c.s. act requires the commissioner to take such steps which will advance the development of co-operative movement. the co-operative movement is not to be used for concentration of power in a few hands and ..... salary to the staff and for conducting meetings, if any. a statement of the counsel for respondent no. 3 was also recorded that thereafter no collection of funds would be made until disposal of the petition.4. mr. oka and mr. sabrad have appeared for the appellant in l.p.a. no. 280 of .....

income Tax Officer Vs. Godrej Soaps Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (2008)114TTJ(Mum.)950

..... the purpose of investment in these shares. for this proposition, i rely upon the ratio of hon'ble allahabad high court judgment in the case of cit v. h.r. sugar factory (p) ltd. .11. learned counsel further submitted, for the subsequent assessment year, on similar set of facts, ao himself has not made any disallowance. in order ..... the income thus generated will be of revenue nature and chargeable to tax under section 56 of the it act, 1961. he also placed reliance on the decision of the hon'ble rajasthan high court in the case of cit v. rajasthan land development corporation , which laid the principles regarding taxability of interest under specified head. on the basis of the ..... investment in shares/securities, it was not necessary to borrow funds to that extent and consequently the interest burden could have been reduced to same extent. for the above proposition, he relied upon the decision of the hon'ble allahabad high court in the case of cit v. h.r. sugar factory (p) ltd. . ao, vide p. 9 .....

Commissioner of Income-tax, Goa Vs. V.S. Dempo and Co. Ltd.

Court : Mumbai

..... or declared by the supreme court. the delhi high court has therefore, held that the amount received from the co-developers and investments of such amount in fixed deposit is directly related to business activities and the interest income earned on ..... 12. (i) the first judgment relied upon by the learned counsel appearing for the appellant is in the case of godavari sugar mills ltd. (supra). the assessing officer has also after relying on the same has reached to the conclusion that the ..... " profits and gains of business or profession". the assessing officer was of the view that the assessee is having surplus funds available which assessee was investing in the call money deposit/short term deposit in various banks and only as and when it ..... " and thereby declined to give benefit for the purpose of computing deduction as contemplated under section 80hhc of the income tax act, to and in favour of the assessee. 4. the respondent/assessee feeling dissatisfied by the assessment orders passed by the .....

New India Industries Ltd. and Another Vs. Union of India and Another

Court : Mumbai

Reported in : AIR1990Bom239; 1990(1)BomCR515; 1992(38)ECC136; 1991(56)ELT3(Bom)

..... not possible to identify the persons on whom had the burden been placed for payment towards the fund, the amount of the fund can be utilised by the government for the purpose for which the fund was created, namely, development of sugarcane. there is no question of refunding the amount to the respondents who hadnot eventually ..... the contention of the respondents that the said decision in d. cawasji and co.'s case (supra) stood overruled by the subsequent supremecourt decisions in the cases of the newabgani sugar mills co. ltd. v. union of india, : [1976]1scr803 , shiv shankar dal mills v. state of haryana, : [1980]1scr1170 and u. p. state electricity ..... the concept of unjsut enrichment was also adverted to in newabganj sugar mills, case (supra). in kewalkrishan v. state of punjab, : [1979]3scr1217 , the supreme court declared as invalid enhancement of licence fee chargeable under punjab agricultural produce markets act. in the case of shiv shankar dal mills v. state of haryana : [1980]1scr1170 .....

Rahuri Sahakari Sakhar Karkhana Ltd. and anr. Vs. State of Maharashtra ...

Court : Mumbai

Reported in : 1987(1)BomCR168

..... an agro-based industry and requires sugarcane for the manufacture of sugar. both sugarcane and sugar are declared as essential commodities under the essential commodities act, 1955. sugar industry is a licensed industrial undertaking, requiring license under section 11 of the industries (development and regulation) act, 1951. distribution and movement of sugarcane have been regulated under the ..... growers for payment of cane price, towards employees and workers for payment of their salaries and wages, contribution towards provident fund etc. in such situations, the state government was required to assist the factories with huge amounts for enabling them to discharge their obligations by diverting ..... funds with considerable stress and strain on the state exchequer. it was also the experience that while some factories starved of sugarcane, the .....

Anchor Industries Employees' Union Vs. Anchor Industries and 33 Ors.

Court : Mumbai

Reported in : (2003)3BOMLR698

..... the said provision. in deciding the above case this court relied upon its earlier decision in workmen of the indian leaf tobacco development co. ltd. guntur v. management of the indian leaf tobacco development co. ltd., guntur : [1969]2scr282 . in that case the court observed that a genuine closure of depots or branches, ..... . they are having different rolls and musters. all the above establishments file separate income-tax returns and that all the establishments are having separate provident fund account numbers and the separate e.s.i. account numbers. mr. cama pointed out that all the establishments are manufacturing their products under the trade ..... sugar mills mazdoor union : (1957)illj235sc that '... where the business has been closed and it is either admitted or found that the closure is real and bonafide, any dispute arising with reference thereto would, as held in k.m. padmanabha ayyar v. state of madras : (1954)illj469mad , fall outside the purview of the industrial disputes act .....

Grindwell Norton Ltd. Vs. Dy. Cit

Court : Mumbai

Reported in : (2004)85TTJ(Mumbai)389

..... [1995]216itr479(bom) .9. the learned counsel for the assessee submitted that interest under section 36(1)(iii) of the act was allowed to the assessee in the preceding years; as such the decision of phaltan sugar works ltd. (supra) cannot be applied. reliance was placed on the decision of the apex court rendered in the case ..... milieu we cannot impart eternal vernal value to the decision, exalting the doctrine of precedents into a prison house of bigotry, regardless of available circumstances and myriad developments.11. because, as a general rule, the principle of res judicata is not applicable to decisions of income-tax authorities, an assessment for a particular year ..... of the assessee itself. it is sine qua non to consider here the nature of advantage, which the assessee has derived, in commercial sense by advancing the funds to the subsidiaries. it is evident that the purpose was to earn interest. this is the immediate advantage the assessee is deriving. rescuing the subsidiary companies .....

Commissioner of Income-tax Vs. Shree Panchaganga Sahakari Sakhar Karkh ...

Court : Mumbai

Reported in : (2001)170CTR(Bom)202; [2001]250ITR772(Bom)

..... payable to sugarcane growers. that these deductions were on the following counts, viz., for area development fund, cane development fund, hutments fund, members' non-refundable deposits and members' refundable deposits as also on account of voluntary deposits of members' funds. after examining the bye-laws of the karkhana, this court came to the conclusion that these ..... karkhana ? in the present matter, the department took the view that the price charged by the karkhana was without obtaining the approval of the director of sugar, government of maharashtra, and, therefore, the price charged was clearly in breach of bye-law no. 64 of the assessee-society. accordingly, the ..... by the karkhana on account of shubhechha greetings on the ground that they constituted advertisement expenses and, therefore, such expenses were disallowed under the income-lax act. this add-back by the department came to be deleted by the tribunal. therefore, the department has come in appeal. findings :(1) whether .....

Roplas (India) Limited and anr. Vs. Union of India (Uoi) and anr.

Court : Mumbai

Reported in : 1990(25)ECC30

..... is not possible to identify the persons on whom had the burden been placed for payment towards the fund, the amount of the fund can be utilised by the government for the purpose for which the fund was created, namely, development of sugarcane. there is no question of refunding the amount to the respondents who had not eventually ..... -dealers applied to the supreme court for a direction to the market committes to refund the excess amount recovered. after referring to its earlier decision in nawabganj sugar mills case (supra), the supreme court instead of directing the disbursement of the amount to the dealers, directed the said amount to be paid to the ..... in their favour will amount to helping them to enrich themselves unjustly. they are not entitled to claim the refund even under section. 72 of the contract act. much less can they therefore invite this court to exercise its extraordinary, equitable and discretionary writ jurisdiction under article 226 of the constitution in their favour. the .....

Roplas (India) Limited and anr. Vs. Union of India and anr.

Court : Mumbai

Reported in : AIR1989Bom183; 1989(2)BomCR237; (1988)90BOMLR570; 1989MhLJ920

..... is not possible to identily the persons on whom had the burden been placed for payment towads the fund. the amount of the fund can be untiled by the goverenment for the purpose for which the fund was created, namely development of sugarcane. there is no question of refunding the amount to the respondents who had not enentually ..... -dealers applied to the supreme court for a direction to the market committees to refund the excess amount recovered. after referring to its earlier decision in nawabganj sugar mills case (sipra), the supreme court instead of directing the disbursement of the amount to the dealers, directed the said amount to be paid to the consumers ..... indulgence in their favour will amount to helping them to enrich themselves unjustly. they are not entitled to claim the refund even under s. 72 of the contract act . much less can they therefore invite this court to exercise its extra ordinary, equitable and discretionary writ jurisdiction under art. 226 of the constitution in their .....