Judgment Search Results Home > Cases Phrase: taxation laws amendment act 2007 section 9 omission of section 4 Court: punjab and haryana Page 5 of about 6,614 results (0.362 seconds)

Commissioner of Income-tax Vs. Lal Chand Tirath Ram

Court : Punjab and Haryana

Reported in : (1997)140CTR(P& H)583; [1997]225ITR675(P& H)

..... an assessee had concealed the particulars of his income or had furnished inaccurate particulars of such income. explanation 1, which was relevant, was substituted by the taxation laws (amendment) act, 1975, with effect from april 1, 1976. since the assessment year in this case is 1976-77, it is the substituted explanation which is relevant. ..... april 1, 1964, mere furnishing of inaccurate particulars attracted the levy of penalty. explanation 1 had also been inserted earlier by the finance act, 1964, but was substituted by the taxation laws (amendment) act, 1975, with effect from april 1, 1976. the provision as it existed in the relevant assessment year 1976-77 can be divided into ..... same and material to the computation of his total income have been disclosed by him.' 10. clause (c) of section 271(1) had been earlier amended by the finance act, 1964, with effect from april 1, 1964, whereby the word 'deliberately'was omitted. earlier when the word 'deliberately' existed there, the second part, .....

income-tax Officer and ors. Vs. R.P. Handa

Court : Punjab and Haryana

Reported in : (1994)116CTR(P& H)166; [1994]206ITR537(P& H)

..... the finance act, 1985, with effect from may 24, 1985. at the time when the search and seizure of the petitioner's ..... took place in regard to the petitioner.6. section 273a of the act gives power to the income-tax authorities to reduce or waive penalty, etc., in certain cases. explanation 2 to sub-section (1) of section 273a of the act was inserted by the taxation laws (amendment) act with effect from october 1, 1984. this explanation was omitted by ..... relating to the assessment or any proceeding for the recovery of any amount due from him : provided that where the amount of any penalty payable under this act or, where such application relates to more than one penalty, the aggregate amount of such penalties exceeds one hundred thousand rupees, no order reducing or waiving the .....

Rodamal Lalchand Vs. Commissioner of Income-tax, Patiala-ii.

Court : Punjab and Haryana

Reported in : [1977]109ITR7(P& H)

..... on an unregistered firm for the assessment year in this case which was 1963-64 was to be determined in accordance with section 183 of the new act as it stood prior to the taxation laws (amendment) act, 1970, which came into force on april 1, 1970.the learned counsel for the assessee-firm cited two decisions of the supreme court in commissioner ..... juxtaposed and studied in the light of the use of the word 'person' with its definition in section 2(31) of the new act, a vital shift in the policy of taxation in relation to the taxable entities is revealed. a reference to the individual members of the firm or the association of persons and the word 'or' playing ..... for the assessing authority to operate with the aid of the machinery sections of the act for the assessment of 'person', defined as a taxable entity, to income-tax. in taxation matters it is a rule that the charging section guides the machinery sections of the act. with due respect, i cannot fall in line with the judges who decided pure .....

Harcharan Singh Bhatia Vs. Income-tax Officer, A-ward and anr.

Court : Punjab and Haryana

Reported in : [1989]175ITR513(P& H)

..... held that section 64(1)(iii) of the said act came on the statute when sub-section (1) of section 64 was substituted by section 13 of the taxation laws (amendment) act, 1975, and this substituted section was effective with effect from april 1, 1976. 3. with these observations, this complaint ..... that the income-tax officer was advised by the audit party as to the view of the law that he should take by virtue of the insertion of sub-section (1) of section 64 by the taxation laws (amendment) act, 1975. this is contrary to the law laid down by the hon'ble supreme court in the case of indian and eastern newspaper society ..... 1979]119itr996(sc) it was held that the opinion of the internal audit partyof the income-tax department on a point of law cannot be regarded as 'opinion' within the meaning of section 147(b) of the income-tax act, 1961. in the order dated july 29, 1982 (annexure p-3), decided by the income-tax appellate tribunal, it was .....

Commissioner of Income-tax Vs. Satya Narain

Court : Punjab and Haryana

Reported in : [1998]229ITR477(P& H)

..... laws (amendment) act, 1987, with effect from april 1, 1989. section 144b, as originally inserted, read as under : '144b. reference to inspecting assistant commissioner in certain ..... not be ousted only because there existed a provision in section 155(1) of the act for the purpose of amending the order of assessment of the partner so as to correctly include his share income after assessment of the firm. 10. section 144b was inserted by the taxation laws (amendment) act, 1975, with effect from january 1, 1976. it was omitted by the direct tax .....

Dr. P.C. Khurana Vs. the Commissioner of Income-tax, Jalandhar and Ano ...

Court : Punjab and Haryana

..... payable by the assessee is reduced, the interest shall be reduced accordingly and the excess interest paid, if any, shall be refunded. however, after the amendment by taxation law (amendment) act, 1984 effective from 1.4.1985, it provides that where as a result of an order under any of the specified sections, the amount on which ..... of these come to his rescue. in those cases, the assessment year involved is prior to assessment year 1985-86 where the amendment to sub-section (3) of section 215 brought about by taxation law (amendment) act, 1984 was not in existence. furthermore, in the present case, there was no liability to pay interest under sections 215 and ..... to be nil. however, after passing of order under sections 154/155 of the act, the liability of the assessee arose for paying interest under sections 215 and 139(8) of the act. therefore, under section 215(3) after amendment by taxation law (amendment) act, 1984 effective from 1.4.1985 relating to assessment year 1985-86, where there .....

Steel Strips Ltd. Vs. Assistant Commissioner of Income-tax

Court : Punjab and Haryana

Reported in : [1995]211ITR1021(P& H)

..... to 1967-68 and orders imposing penalty were passed on march 25, 1972. the appellate assistant commissioner confirmed the orders of the income-tax officer. the tribunal held that the taxation laws (amendment) act, 1970, had no application to the assessment years in question and the orders passed under section 275 (as unamended) were barred by limitation. on a reference the matter came up ..... entertained by this court and it is considered appropriate to decide the question of law raised.6. at the outset, it may be stated that the period of eight years from the conclusion of the assessment years (1981-82 and 1982-83) had not expired when the amending act came into force with effect from april 1, 1989, which extended the period of .....

Commissioner of Income-tax (Central) Vs. Sanitary Improvement and Tile ...

Court : Punjab and Haryana

Reported in : [1982]133ITR334(P& H)

..... the appellate tribunal is right in holding that the inspecting assistant commissioner had no jurisdiction to pass the penalty order in view of the amendments to section 271(1)(iii)/274 of the act by the taxation laws amendment-act, 1975 (act xli of 1975) ' 2. the brief facts of the case are that the assessee-company carries on the business of sanitary fittings ..... , the appellate tribunal is right in law in holding that though the case fell under the explanation to section 271(1)(c) of the income-tax act, 1961, nopenalty was leviable as additions to the income were made by the income-tax authorities on estimate basis ..... m.r. sharma, j.1. in this petition under section 256(2) of the i.t. act, 1961 (hereinafter called 'the act'), a prayer has been made that we should direct the income-tax appellate tribunal to refer the following questions of law to us for our opinion :'1. whether, on the facts and in the circumstances of the case .....

Manoj Ahuja and anr. Vs. Inspecting Assistant Commissioner of Income-t ...

Court : Punjab and Haryana

Reported in : (1984)43CTR(P& H)229; [1984]150ITR696(P& H)

..... within the said period of forty-five days or, as the case may be, thirty days.' 5. chapter xxa of the act, which includes section 269g, ibid, inserted in the act by the taxation laws (amendment) act, 1972, with effect from november 15, 1972, provides for acquisition of immovable properties in certain cases of transfer to counteract ..... evasion of tax. clauses (a) and (b) of sub-section (1) of section 269g of the act prescribe the limitation for filing appeals ..... may be sufficient cause within the meaning of this section.' ' section 29. savings.--(i) nothing in this act shall affect section 25 of the indian contract act, 1872. (2) where any special or local law prescribes for any suit, appeal or application a period of limitation different from the period prescribed by the schedule .....

Commissioner of Income Tax Vs. K.D. Prabhakar (Huf)

Court : Punjab and Haryana

Reported in : (2007)213CTR(P& H)178; [2009]313ITR443(P& H)

..... infirmity in the view taken by the tribunal. it is evident from the impugned order that the tribunal has placed reliance on expln. 2 to section 139(8) of the act, which was added by the taxation laws (amendment) act, 1984, w.e.f. 1st april, 1985. it may be pertinent to make a reference to expln. 2 appended to section 139(8) of the ..... act and the same reads as under:explanation 2-where, in relation to an assessment year, an assessment is made for the first time under section 147, the assessment so made ..... dy, cit(a) before the tribunal. the tribunal allowed the appeal by placing reliance on a clarification issued by the cbdt as to when the amendment of expln. 2 appended to section 139(8) of the act was to be applied. the clarification in clear terms stated that it was to apply from the asst. yr. 1984-85. the observation of the .....