Court : Delhi
..... be purely clarificatory to clear a meaning of a provision of the principal act which was already implicit. a clarificatory amendment of this nature will have retrospective effect and, therefore, if the principal act was existing law when the constitution came into force, the amending act also will be part of the existing law.20. in zile singh v. state of haryana [(2004) 8 scc1 sc held ..... a limited period is not forthcoming. it is no doubt true that the state has enormous powers in the matter of legislation and in enacting fiscal laws. great leverage is allowed in the matter of taxation laws because several fiscal adjustments have to be made by the government depending upon the needs of the revenue and the economic circumstances prevailing in the state .....
Tag this Judgment!Court : Delhi
..... be purely clarificatory to clear a meaning of a provision of the principal act which was already implicit. a clarificatory amendment of this nature will have retrospective effect and, therefore, if the principal act was existing law when the constitution came into force, the amending act also will be part of the existing law.20. in zile singh v. state of haryana [(2004) 8 scc1 sc held ..... a limited period is not forthcoming. it is no doubt true that the state has enormous powers in the matter of legislation and in enacting fiscal laws. great leverage is allowed in the matter of taxation laws because several fiscal adjustments have to be made by the government depending upon the needs of the revenue and the economic circumstances prevailing in the state .....
Tag this Judgment!Court : Delhi
..... be purely clarificatory to clear a meaning of a provision of the principal act which was already implicit. a clarificatory amendment of this nature will have retrospective effect and, therefore, if the principal act was existing law when the constitution came into force, the amending act also will be part of the existing law.20. in zile singh v. state of haryana [(2004) 8 scc1 sc held ..... a limited period is not forthcoming. it is no doubt true that the state has enormous powers in the matter of legislation and in enacting fiscal laws. great leverage is allowed in the matter of taxation laws because several fiscal adjustments have to be made by the government depending upon the needs of the revenue and the economic circumstances prevailing in the state .....
Tag this Judgment!Court : Delhi
..... be purely clarificatory to clear a meaning of a provision of the principal act which was already implicit. a clarificatory amendment of this nature will have retrospective effect and, therefore, if the principal act was existing law when the constitution came into force, the amending act also will be part of the existing law.20. in zile singh v. state of haryana [(2004) 8 scc1 sc held ..... a limited period is not forthcoming. it is no doubt true that the state has enormous powers in the matter of legislation and in enacting fiscal laws. great leverage is allowed in the matter of taxation laws because several fiscal adjustments have to be made by the government depending upon the needs of the revenue and the economic circumstances prevailing in the state .....
Tag this Judgment!Court : Delhi
..... be purely clarificatory to clear a meaning of a provision of the principal act which was already implicit. a clarificatory amendment of this nature will have retrospective effect and, therefore, if the principal act was existing law when the constitution came into force, the amending act also will be part of the existing law.20. in zile singh v. state of haryana [(2004) 8 scc1 sc held ..... a limited period is not forthcoming. it is no doubt true that the state has enormous powers in the matter of legislation and in enacting fiscal laws. great leverage is allowed in the matter of taxation laws because several fiscal adjustments have to be made by the government depending upon the needs of the revenue and the economic circumstances prevailing in the state .....
Tag this Judgment!Court : US Supreme Court
..... but the court overruled the objection and declared the date of the lease to be immaterial, and that it should be overlooked or the plaintiff have leave to amend. the declaration was amended by striking out the date of the lease mentioned in the declaration and inserting a date posterior to the conveyance made to the plaintiff. page 11 u. ..... admission of which deed the defendant objected, but the court admitted it to be read in evidence, saying the date of the demise was immaterial, or the plaintiff might amend his declaration, which he did, before the jury retired from the bar, by altering the date of the demise. the 3d bill of exceptions stated that the defendant ..... witnesses thereto before a judge of a court of another state, and had been registered in the county where the land lay within the time required by law for registering the same. this act gave complete validity to the registration made in december, 1808, and entitled the deed to be read in evidence. it looked back in order to .....
Tag this Judgment!Court : US Supreme Court
..... severable from it by the sale for cash, and thereby became that "realized gain" which has been repeatedly declared to be taxable income within the meaning of the constitutional amendment and the acts of congress. doyle v. mitchell brothers co. and eisner v. macomber, supra. it is elaborately argued in this case, in no. 609, eldorado coal & mining co ..... realized a profit of $700,000, which at once became assets in its possession free for any disposition within the scope of the trust, but, for the purposes of taxation, to be treated as if the trustee were the sole owner. gray v. darlington, 15 wall. 63, much relied upon in argument, was sufficiently distinguished from cases such ..... september 8, 1916, as amended by the law of october 3, 1917. p. 255 u. s. 516 . cf. goodrich v. edwards, post, 255 u. s. 527 ; walsh v. brewster, post, 255 u. s. 536 . 3. income, within the meaning of the sixteenth amendment, the income tax act of 1913, 1916, 1917, and the corporation tax act of 1909, is a gain .....
Tag this Judgment!Court : US Supreme Court
..... no longer on a point which is in fact secondary and subordinate, for if congress can vest this jurisdiction, and the people will it, the act may be amended and the jurisdiction vested. i next proceed to consider more distinctly the constitutional question on the right to vest the jurisdiction to the extent here ..... upon the domicil of the bank, which, although purchased in right of an existence metaphysically given it by congress, was acquired and held according to the laws of ohio, acting upon its own territory. technically, these averments cover only two grounds; they affirm, 1. that the bank, being incorporated by congress, had, therefore, a ..... be capable of exercising such other powers and authorities for the well governing and ordering the officers of the said corporation, as shall be prescribed by the laws, regulations, and ordinances, of the same;" a section which would have been altogether unnecessary had the seventh section been considered as enacting, instead of enumerating .....
Tag this Judgment!Court : US Supreme Court
..... 3 state of new york to the contrary notwithstanding. at the hearing, the chancellor perpetuated the injunction, being of the opinion that the said acts were not repugnant to the constitution and laws of the united states, and were valid. this decree was affirmed in the court for the trial of impeachments and correction of errors, which is ..... except so far as they have surrendered it by that instrument; that this principle results from the nature of the government, and is secured by the tenth amendment; that an affirmative grant of power is not exclusive unless in its own nature it be such that the continued exercise of it by the former possessor is ..... of residing in, and being exercised by, different authorities at the same time. we are accustomed to see it placed, for different purposes, in different hands. taxation is the simple operation of taking small portions from a perpetually accumulating mass, susceptible of almost infinite division, and a power in one to take what is necessary for .....
Tag this Judgment!Court : US Supreme Court
..... , whenever their funds would enable them so to do. that during all this period, their possession has never been questioned, and the lot has been exempted from taxation as property set apart for a religious purpose. it further charges that upon the organization of the church or congregation, certain officers, called a committee and trustees, ..... limits of the town, and the town was created a corporation, with the usual municipal officers, by an act of the maryland legislature passed in 1789, ch. 23. the charter of incorporation has been subsequently amended by congress by various acts passed upon the subject since the cession. in the year 1769, charles beatty and george f. hawkins ..... that charles beatty died about sixteen years ago, and without having made any conveyance of the said lot, and that charles a. beatty is his heir at law. they therefore pray that he may be made defendant and be compelled to convey the title to the complainants in trust for the german lutheran church. they further .....
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