Judgment Search Results Home > Cases Phrase: taxation laws amendment act 2007 chapter ii central sales tax Court: us supreme court Page 1 of about 308 results (0.874 seconds)

Commissioners of Wicomico County Vs. Bancroft

Court : US Supreme Court

..... or enjoyed by the corporation which owned or held such railroad previous to such sale under or by virtue of its charter, and any amendments thereto, and of [any] other laws of this state," etc. under authority of the maryland statutes, the baltimore, chesapeake & atlantic railway company issued the mortgage bonds of which ..... , or affect any irrepealable contract or obligation of any kind whatsoever existing at the date of the passage of the act. this proviso evidences the legislative intent to repeal exemptions from taxation which were not protected by binding contracts beyond legislative control, if any such existed, and to bring all property within ..... assessed for county and municipal purposes, had the effect to withdraw the prior exemption from taxation if a proper construction of the legislation of the state would extend it to the property of the reorganized company. the act contains the significant proviso that nothing therein contained shall be held to discharge, release, impair .....

Dilip N. Shroff Karta of N.D. Shroff Vs. Joint Commissioner of Income ...

Court : Supreme Court of India

Reported in : (2007)210CTR(SC)228; [2007]291ITR519(SC); 2007(8)SCALE256; (2007)6SCC329

..... been furnished within the meaning of clause (c) of sub-section (1) of section 271 of the income tax act, 1961.27. in the year 1975 by reason of section 61 of the taxation laws (amendment) act, 1975, explanation to section 271(1)(c) was deleted and four explanations were inserted with effect from 01.04.1976 ..... . section 271(c) reads as follows:271. failure to furnish returns, comply with notices, concealment of income, etc. (1) if the assessing officer or the commissioner (appeals) or the commissioner in the course of any proceedings under this act ..... amount indicated in sub-clause (ii) of clause (c) of section 271(1) of the act. before the amendment, difficulty arose and it is not necessary to trace the history, under the law as stood prior to the amendment of 1964, the onus was on the revenue to prove that the assessee had furnished inaccurate .....

Ponds India Ltd. (Merged with H.L. Ltd.) Vs. Commissioner of Trade Tax ...

Court : Supreme Court of India

Reported in : 2008(56)BLJR1790; 2008BusLR545(SC); 2008(129)ECC1; 2008(155)LC1(SC); 2008(227)ELT497(SC); 2008(9)SCALE277; (2008)8SCC369; (2008)15VST256(SC); 2008AIRSCW5621

..... . they were items nos. 6 and 36. item 6 vegetables - except when sold in sealed containers. item 36 betel leaves. the schedule was amended by the c.p. & berar sales tax amendment act (act xvi of 1948) by which item no. 36 was omitted. it is contended that in spite of this omission they were exempt from sales tax ..... the legislative intent to make the definition exhaustive and would cover only those banking companies which fall within the purview of the definition and no other.yet again in commercial taxation officer, udaipur v. rajasthan taxchem ltd. : 2008[12]s.t.r.660 , it was held;22. we have already extracted the definition of raw material under ..... balaji (supra), without noticing the distinctive features thereof.38. there cannot be any doubt whatsoever that artificial definition of a term under a statute is permissible in law, but when goods which were included in one notification is consciously taken out in the latter, the same meaning cannot be attributed thereto simply on the basis of .....

Sunrise Associates Vs. Govt. of Nct of Delhi and ors.

Court : Supreme Court of India

Reported in : AIR2006SC1908; 2006(5)ALD51(SC); 129(2006)DLT719(SC); [2007(1)JCR110(SC)]; JT2006(5)SC168; 2006(2)KLT700(SC); RLW2006(3)SC2129; 2006(5)SCALE1; (2006)5SCC603; [2006]145STC57

..... been passed, rejected a challenge to the constitutional validity of section 4(1)(cc) of the delhi sales tax act, 1975 as introduced by the delhi sales tax (second amendment) act 1994 with effect from 2.1.1995. the amendment was challenged by the dealers on various grounds. it was argued inter alia that the sale of lottery tickets did ..... tamil nadu on the other hand submitted that the lottery ticket itself was a chattel or goods and, therefore, falls squarely within the net of taxation under the tamil nadu sales tax act. it was submitted that there can be a value addition to the lottery tickets by valuing all the rights accruing to the holder of the ..... laws to incorporate the constitutional definition of tax on the sale or purchase of goods. the states of tamil nadu and west bengal were no exception. the tamil nadu general sales tax act 1959 and the bengal finance (sales tax) act 1941 were both amended to incorporate new definitions of 'sale'.section 2(j) and section 2(n) of the tamil nadu act .....

R and B Falcon (A) Pty Ltd. Vs. Commissioner of Income Tax

Court : Supreme Court of India

Reported in : 2008BusLR469(SC); (2008)216CTR(SC)289; [2008]301ITR309(SC); 2008(8)SCALE223; 2008AIRSCW4096

..... the circular provides for explanatory notes on provisions relating to fringe benefit tax.the object for imposition of the said tax is stated to be as under:the taxation of perquisites or fringe benefits is justified both on grounds of equity and economic efficiency. when fringe benefits are under-taxed, it violates both horizontal and ..... 9(1)(ii), as regards its retrospective operation, held:16. the departmental understanding of the effect of the 1999 amendment even if it were assumed not to bind the respondents under section 119 of the act, nevertheless affords a reasonable construction of it, and there is no reason why we should not adopt it.17. ..... a deeming provision.the provision relating to the computation of the value of the fringe benefits is contained in section 115wc. it is a settled principle of law that where the computation provisions fail, the charging section cannot be effectuated. therefore, if there is no provision for computing the value of any particular fringe benefit .....

Assistant Commissioner Of Income Tax (exemptions) Vs. Ahmedabad Urban ...

Court : Supreme Court of India

..... (bb) in the case of a charitable trust or institution for the relief of the poor, education or medical relief, which carries on any business, any income 18 through the taxation laws amendment act, 1975. 19 section 13 - section 11 not to apply in certain cases. 18 derived from such business, unless the business is carried on in the course of the actual ..... if applied for charitable purposes, was exempt.102. the second aspect is that surat art silk (supra), was rendered in the context of section 2(15) of the it act, as it stood originally. however, by the taxation laws amendment act, 1975 (w.e.f. 01.04.1977), section 13(1)(bb) was inserted. 102 section 4(3)(i) of the old ..... it act. 60 that provision excluded the operation of sections 11 and 12 (under which income of charities were entitled to be exempted) in the case of income derived from .....

Jindal Stainless Ltd. and Anr. Vs. State of Haryana and Ors.

Court : Supreme Court of India

..... schedule to impose restrictions on trade and commerce.].[38]. rep. by the constitution (seventh amendment) act, 1956, s. 29 and sch.307. appointment of authority for carrying out the purposes of articles 301 to 304. parliament may by law appoint such authority as it considers appropriate for carrying out the purposes of articles 301, ..... in the context of movement of trade and commerce.12. whether article 304(a) and article 304(b) deal with different subjects?. whether the impugned taxation law to be valid under article 304 (a) must also fulfil the conditions mentioned in article 304(b), including presidential assent?. whether the word restrictions in article ..... particularly in the context of movement of trade and commerce. 12.whether article 304(a) and article 304(b) deal with different subjects?. whether the impugned taxation law to be valid under article 304(a) must also fulfil the conditions mentioned in article 304(b), including presidential assent?. whether the word "restrictions" in .....

Govt. Of Nct of Delhi Vs. Union of India

Court : Supreme Court of India

..... to re fer to the authority in bhanumati v. state of u.p. [(2010) 12 scc1 wherein this court was dealing with the constitutional validity of the u.p. panchayat laws (amendment) act, 2007. one of the grounds for challenge was that there is no concept of no confidence motion in the detailed constitutional provi sion under part ix of the constitution and ..... union and not part of any state, it follows that any tax levied by its legislative body is union taxation. admittedly, it cannot be called state taxation and under the constitutional scheme, there is no third kind of taxation. either it is union taxation or state taxation.. 144 part k121the judgment of the majority also holds that all union territories are not situated alike. the .....

Shaji Poulose Vs. The Institute Of Chartered Accountants Of India

Court : Supreme Court of India

..... , in practice, future evolution of proforma for furnishing of information by auditors. 3.3 it is pertinent to highlight that by the taxation laws (amendment) act, 1975, section 142(2a) was inserted to the it act, 1961 conferring special power of audit by a chartered accountant in certain cases where so sought by the assessing officer. 3.4 thereby ..... . consequently, this court dismissed the appeals as well as the writ petitions. (c) in t. velayudhan achari, section 45-s (1) as introduced by banking laws (amendment) act, 1983 limiting the number of depositors that can be accepted by individual, firm or unincorporated association, was held to be not violative of article 19(1)(g) of ..... wherein it was held that limiting the number of depositors that can be accepted by an individual, firm or unincorporated associations under section 45s(1) of the banking laws (amendment) act, t.c. (civil) no.29 of 2021 etc. 63 1983 is not violative of article 19(1)(g) of the constitution, as it is in public .....

Union Of India Vs. Cosmo Films Limited

Court : Supreme Court of India

..... release order facility shall not be available for procurement of inputs 11nder advance authorization scheme except for inputs listed in schedule 4 of central excise act, 1944 read with the taxation laws (amendment) act 2017 no 18 of 2017, with effect from july l, 2017. ras are directed not to issue aro except for schedulc-4 items as ..... article on its supply in india, on the value of the imported article as determined under sub-section (10).45. section 3 of the customs tariff act, 1975 as amended after the coming into force of the gst regime, provided for levy of the following additional duties: (1) levy of a duty (referred to as ..... and invites lesser resistance.67. therefore, there is no constitutional compulsion that whilst framing a new law, or policies under a new legislation particularly when an entirely different set of fiscal norms are created, overhauling the taxation structure, concessions hitherto granted or given should necessarily be continued in the same fashion as they were .....