Search Results for "Finance Act 2003"

1057 result(s) found

Scroll Down To Discover

Found 1057 result(s)

© Image Copyrights Juris Services & Technology

High Court of Karnataka Upholds Service Tax on Restaurant Services as Valid Exercise of Union Legislative Power. Service Tax on Supply of Food and Drinks in Restaurants is Not a Tax on Sale of Goods but a Tax on Service, Falling Under Entry 97 of List I.

The case involves two intra-court appeals filed under Section 4 of the Karnataka High Court Act, challenging a learned Single Judge's common order dat...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Declaration of Lapsed Reservation Under Section 127 of MRTP Act for Land Reserved for Public Primary School Extension. The court held that failure to acquire land within 10 years of purchase notice results in deemed lapse of reservation.

The petitioner, Ramakant Vasudeo Pai, owned land bearing Survey No. 21/2/C, admeasuring 1,170.92 square meters, situated at Lonavala, Pune. The land w...

© Image Copyrights Juris Services & Technology

Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Validity of Section 21(5) of Bombay Sales Tax Act, 1989 Allowing Non-Judicial Member as President of Tribunal. Challenge to Appointment of IAS Officer as President Dismissed as Provision Does Not Violate Basic Structure.

The Sales Tax Tribunal Bar Association and its President filed a writ petition before the Bombay High Court challenging the constitutional validity of...