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Classification - Product prawn feed - The legislature providing for exemption of such product from payment of tax does not necessarily and by itself imply that the product was otherwise exigible to tax. - HC    *    Invokation of extended period of limitation - appellant has wrongly arrived at the valuation of the pipes cleared by them on the cost construction method rather the appellant should have paid duty on the value of pipes as indicated in the contract - Having failed to raise this issue at the material time it cannot be said that the appellants had suppressed or mis-declared anything to enable the revenue to invoke extended period of limitation - Tri    *    Refund claim - reduction in value - credit notes raised by the Assessee subsequent to the sale/removal of goods - trade discounts given to its buyers including the component of excise duty - refund allowed - SC    *    Duty liability - parts of dumpers and others imported, further repacked and labelled by the appellant and sold - whether the items/parts which are repacked are parts of automobiles to fall under Third Schedule and/or Section 4A Notification or not - held yes - Tri    *    Cenvat credit - excess electricity sold to state govt. - The factum of consumption of electricity generated within the factory partly and sold out partly is an accepted proposition in the law and cenvat credit cannot be denied is also decided by various case laws - Tri    *    Classification - Lever Ayush Poshak Rasayan and Lever Rakshak Rasayan - based on the quotes from Explanatory Notes to HSN, it is clear that the subject items are in the category of food supplements and are rightly classifiable under Chapter Heading 2106.90 99. - Tri    *    The process of mixing base paint with tinter amounts to manufacture and is liable to payment of duty at the depot. - Tri    *    Goods and GST Bill passed    *    Travelling expenses incurred outside India by on duty employee whether taxable?    *    Opinion for availment of Cenvat Credit on invoices provided by CHA against service received for Export and Import.    *    FM: Government to now focus on increasing the banks’ ability to support growth    *    service tax payament-reg    *    CBDT signs 20 Unilateral Advance Pricing Agreements with Indian taxpayers    *    CENVAT CREDIT ON CERTIFIED COPY OF BILL OF MISC. CHARGES ON FINALIZATION OF BOE    *    should i buy machinery after gst or before gst which will be benefit for me    *    Captive consuption to be shown in ER-1 Return filed through ACES system -reg    *    Rebate claim issue    *    DTA supplied goods at SEZ - Order receive in US $    *    Government to issue Fifth Tranche of Sovereign Gold Bonds: Applications for the Bonds will be accepted from 1st September to 9th September, 2016 and Bonds will be issued on 23rd September,2016    *    RBI Reference Rate for US $

Income Tax Case Laws - Section: 141

Home Case Index Income Tax Sections List
Cases for Section: 141
Showing 1 to 12 of 12 Records
  • 1990 (10) TMI 6 - SUPREME Court

    Return filed beyond time - Tribunal was justified in holding that, by the levy of interest under section 139 of the Income-tax Act, 1961, the Income-tax Officer must be deemed to have granted time up to the date of filing the return of income - penalty u/s 271(1)(a) not leviable.

  • 1990 (3) TMI 11 - BOMBAY High Court

    ... ...
    ... ... the provisional assessment order. Accordingly, the rule is made partly absolute, i.e., the petitioner shall be entitled to the interest on the entire amount of refund, i.e., Rs. 13,57,063, from April 1, 1978, to August 7, 1978. No order as to costs.

  • 1985 (7) TMI 83 - PUNJAB AND HARYANA High Court

    ... ...
    ... ... 61), cannot be deducted for calculating the penalty. These references thus stand concluded by the abovenoted two decisions of this court and are accordingly answered in the negative, i.e., in favour of the Revenue and against the assessee. No costs.

  • 1984 (2) TMI 70 - PUNJAB AND HARYANA High Court

    ... ...
    ... ... was not liable to penalty even after recording the finding that there was no reasonable cause for not filing the return in time. Consequently, question No. 2 is also answered in the negative and against the assessee. P. C. JAIN, ACTG. C.J. -I agree.

  • 1983 (12) TMI 16 - BOMBAY High Court

    ... ...
    ... ... etition succeeds and the rule is made absolute in terms of prayer (a) of the petition, but this will not prevent respondent No. 1 from passing a fresh provisional assessment order. In the circumstances of the case, there will be no order as to costs.

  • 1979 (10) TMI 75 - MADRAS High Court

    ... ...
    ... ... assessee files a return by using a wrong form prescribed by the same statute. For the above reasons, the question referred is answered in the negative and in favour of the assessee. Tile assessee will be entitled to his costs. Counsel s fee Rs. 500.

  • 1978 (5) TMI 31 - CALCUTTA High Court

    ... ...
    ... ... ssue any fresh notice under s. 142(1) of the Act in accordance with law. On the prayer of Mr. Datta, learned advocate for the respondents, we stay the operation of the order for a period of three months from this date. B. C. CHAKRABARTI J.--I agree.

  • 1977 (2) TMI 18 - MADRAS High Court

    ... ...
    ... ... batable so as to exclude the jurisdiction of the Income-tax Officer under section 154 of the Act. The result is that we answer both the questions referred to this court in the affirmative and against the assessee. There will be no order as to costs.

  • 1971 (4) TMI 17 - DELHI High Court

    Whether the expression tax payable used in section 280ZB, means the tax payable upon the regular assessment, as contended by the revenue OR the tax payable upon a self-assessment u/s 140A, as contended by the petitioner

  • 1968 (11) TMI 6 - ALLAHABAD High Court

    Assessee challenged the notice of demand on the grounds that the ITO was bound to make the provisional assessment on the basis of the return filed by the assessee - petition is allowed - notice of demand u/s 141 of the Income-tax Act, 1961, is quashe... ... ...

  • 1968 (9) TMI 3 - SUPREME Court

    Provisional assessment of the tax u/s 141 - against the income returned by the company AO allowed deduction as loss carried forward from the earlier years, and made a demand as tax provisionally due - penalty for default in compliance with the demand - action of AO is not justified - Assessee s appeal allowed

  • 1966 (4) TMI 1 - BOMBAY High Court

    Income Tax officer has no jurisdiction to enquire into mixed question of fact and law in a provisional assessment u/s. 141 - assessment and demand notice based on such enquiry can be quashed by the High Court by issuing a writ

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