Judgment Search Results Home > Cases Phrase: taxation laws amendment act 2007 chapter ii central sales tax Page 1 of about 6,610 results (0.858 seconds)

M/s. Ghodawat Energy Pvt. Ltd. Vs. The State of Maharashtra, Through t ...

Court : Mumbai

..... thereunder from the first schedule to ade act 1957 vide section 10, taxation laws (amendment) act, 2007 (act no.16 of 2007) effective from 1st april, 2007, without losing share of central taxes. this enabled states to levy vat on tobacco ..... 5 is annexed as annexure-e to the paper-book. 18. the petitioner has also brought to our notice the following changes which were made by the taxation laws (amendment act, 2007. these, according to the petitioner, are as under: 19. the parliament omitted chapter headings 2401, 2402 and 2403 and sub-heading and tariff item ..... heading 2403 was omitted from the first schedule to the ade act only with effect from 1st april, 2007, vide section 10 of the taxation laws (amendment) act, 2007 (act no.16 of 2007) read with the notification dated 29th march, 2007. the schedule entry a-45 was amended with effect from 1st april, 2007, to delete reference to tobacco .....

Goodyear India Ltd., Gedore (India) Pvt. Ltd., Kelvinator of India Ltd ...

Court : Supreme Court of India

Reported in : AIR1990SC781; [1991]188ITR402(SC); JT1989(4)SC229; 1989(2)SCALE982; (1990)2SCC71; [1989]Supp1SCR510; [1990]76STC71(SC)

..... a statement that if the full bench held that bata india limited's case (1983) 54 stc 226 : 1984 tax lr 2982 did not lay down the correct law and the amendment effected by act no. 11 of 1984 to section 9 was intra vires, then the provision of sub-section (3) of section 24 regarding the rate of tax shall not ..... event is that event the occurrence of which immediately attracts the levy or the charge of tax.66. in the fiscal legislations normally a charge is created. the mischief of taxation occurs on the happening of the taxable event. different taxes have different taxable events. in the instant case, dr. pal canvassed before us that the incidence of the levy ..... being 1514 (nt) of 1984. all these questions are the subject-matters of these appeals.16. it is well-settled that what is the taxable event or what necessitates taxation in an appropriate statute, must be found out by construing the provisions. the essential task is to find out what is the taxable event. in what is considered to be .....

Rambhai Manja Nayak, Vs. Union of India

Court : Gujarat

Reported in : (1983)34CTR(Guj)230; (1983)1GLR623; [1983]142ITR211(Guj)

..... it made in its interim report submitted to the government some time in december, 1970. it was on the basis of the said recommendations that the taxation laws (amendment) act, 1972, inserting chap.xx-a in the act came to be passed. the purpose and object of this enactment is to curb the generation of black money which has permeated the whole fabric of our ..... to transfer of immovable properties. it is in this context that chap.xx-a came to be inserted in the act, by the taxation laws (amendment) act, 1972, with effect from november 15, 1972. the constitutional challenge to the provisions of chap.xx-a of the act must be viewed in this background. 30. before we proceed to deal with the constitutional challenge to the provision .....

The State of Andhra Pradesh Vs. the Associated Tanners

Court : Andhra Pradesh

Reported in : [1975]36STC32(AP)

..... the place of refund the word 'reimbursed' has been substituted. exactly on the same lines the proviso in section 6 of the andhra pradesh state law was amended by the amendment act of 1974.13. the foregoing discussion, unaided by decided cases, leads to the conclusion that hides and skins, tanned or untanned, are not generally exempt from tax ..... the scope of the various provisions and come to the conclusion that hides and skins are not generally exempt and are caught in the net of taxation. it is true that the law forbids retention of two taxes on declared goods. that is why reimbursement is provided for, but that is only after levy and collection. the remedy ..... to whom exemption is granted and during the period for which exemption is granted. since there was a clear notification in this case totally exempting the particular goods from taxation, the conclusion arrived in this decision does not help the assessee, who is before us. we may also point out that this is the decision referred to by .....

Union of India Vs. Mohit Mineral Pvt Ltd

Court : Supreme Court of India

..... tax rules, 2017".30. parliament enacted the taxation laws (amendment) act, 2017 dated 04.05.2017 to amend the customs act, 1962, the customs tariff act, 1975, the central excise act, 1944, the central sales tax act, 1956, the finance act, 2001 and the finance act, 2005 and to repeal certain enactments.31. by taxation laws (amendment) act, 2017, the finance act, 2010, chapter vii has been repealed. the finance act, 2010, chapter vii provided for levy ..... the introduction of goods and services tax, not only the indirect taxes but the cesses and surcharges levied on goods and services shall also be subsumed in it.12. by taxation laws (amendment) act, 2017 various enactments levying various types of cesses were repealed including clean energy cess/clean environment cess which was levied and collected on coal.13. the compensation to states .....

Haroon M. Adam Vs. State of West Bengal and ors.

Court : Sales Tax Tribunal STT West Bengal

Reported in : (2001)121STC134Tribunal

..... , because imported sugar was included in section 14(viii) of central act and the rate of tax was 4 per cent only, and that too on a single point. according to mr. saha, the 1999 amendment is actually clarificatory and declaratory, because the law was already there for taxation. by the amendment, the law has been declared in clearer terms so that there is no scope ..... for any possible confusion. entry 79 of schedule i has been governing sales of india made sugar right from may 1, 1995 when 1994 act came into force. with insertion .....

R.P.C. Industries Ltd. Vs. Asstt. Cit

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2003)85ITD105(Kol.)

..... with other business losses. section 73 corresponds to 1st proviso to section 24(1) and section 24(2)(1) and (iii) of the 1922 act. explanation to section 73 was inserted by the taxation laws (amendment) act, 1975 which treats the business of purchase and sale of shares by companies (other than excluded companies) as speculation business. as a result of ..... order to curb the tendency of some tax payers to reduce the tax burden by manipulation, explanation to section 73 was added by taxation laws (amendment act), 1975. circular no. 204 dated 24-7-1976 explains the reasons for incorporating explanation to section 73. it was contended that the jurisdictional high court ..... allowed, to be carried forward to the following assessment year and set off against the speculation profits, if any, in that year, and so on. the amending act has added an explanation to section 73 to provide that the business of purchase and sale of shares by companies which are not investment or banking companies or companies .....

Basudev Sahu Vs. Union of India (Uoi) and ors.

Court : Orissa

Reported in : [1976]102ITR572(Orissa)

..... tax evasion. with a view to giving effect to some of the recommendations of the committee and to meet the appalling challenge of evasion of tax, parliament brought in the taxation laws (amendment) act, 45 of 1972. the objects of this legislation were claimed to be :(i) to counter evasion of tax through understatement of the value of the immovable property in sale deeds ..... application under article 226 of the constitution challenges the vires of the provisions of the taxation laws (amendment) act, 45 of 1972, by which with effect from november 15, 1972, a new chapter being xx-a was added to the income-tax act of 1961 (hereinafter referred to as the 'act') providing for acquisition of immovable properties in certain cases of transfer to counteract evasion of .....

Greatway (P) Ltd. and ors. Vs. Assistant Commissioner of Income-tax

Court : Punjab and Haryana

Reported in : [1993]76CompCas259(P& H); (1992)105CTR(P& H)82; [1993]199ITR391(P& H)

..... judgment of the mysore high court in manjunatha tyre retreading works' case [1969] 23 stc 428. the grammatical meaning of the section has to be enforced and, in taxation law, the language has to be strictly construed. a plain reading of the section shows that absence of a reasonable excuse or cause is one of the ingredients of the ..... reasonable cause for failure will be a complete defence for offences under section 276a. section 278aa was inserted on september 10, 1986, that is to say, at the time amendment to section 276a was made and the words ' with out reasonable cause or excuse ' were deleted. the section, as framed, did not absolve the prosecution of its ..... involved therein. m/s. greatway (p) limited, gt road, ludhiana, along with its directors are being prosecuted for an offence under section 278b of the income-tax act, 1961 ('the act' in short).2. the facts are being drawn from criminal miscellaneous no. 2531-m of 1991.3. a complaint had been filed by the income-tax officer, .....

income-tax Officer Vs. Mysore Rolling Mills (P.) Ltd.

Court : Income Tax Appellate Tribunal ITAT

Reported in : (1984)8ITD639(Bang.)

..... to be carrying on a speculation business to the extent to which the business consists of the purchase and sale of such shares.the explanation was inserted by the taxation laws (amendment) act, 1975, with effect from 1-4-1977. this was with a view to curb attempts to reduce profits by buying losses or by similar means. the ..... cannot take away the business character of the transaction. (ii) it was only to circumvent claims for such losses that the explanation to section 73 was added by the taxation laws (amendment) act, 1975. (iii) the decisions relied on by the assessee's representative are all on cases before the introduction of the explanation to section (iv) as long the ..... article iii(a) related to manufacture of aluminium rods and allied businesses. article iii(c) enumerated other objects which could be undertaken with the permission of the company law board. articles iii(a) and iii(c) did not include dealing in shares. it is only in article iii(b) that investment and dealing in shares of .....