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Supreme Court Quashes One-Year Renewal of Stage Carriage Permits Under Section 58 of Motor Vehicles Act, 1939. Renewal Period Must Conform to Original Permit Period, Minimum Three Years.

The case originated from the expiry of stage carriage permits held by the petitioners on March 31, 1958. They applied for renewal before the Regional ...

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Supreme Court Upholds Tax Authorities in Income Tax Case Regarding Refund of Excess Profits Tax. Repayment of excess profits tax received by a company in England deemed income under Section 11(14) of Indian Finance Act, 1946, irrespective of territorial source.

The appellant, McGregor & Balfour Ltd., a company incorporated in the United Kingdom with its head office there, also carried on business in India. In...

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Supreme Court Allows Assessee's Appeal, Holding Royalty Payment for Mining Lease is Revenue Expenditure. Yearly royalty of Rs. 96,000 under mining arrangement with Government deductible under Income-tax Act as it relates to raw material obtained, not capital outlay.

This appeal arose from income tax assessment proceedings for the years 1954-55 to 1956-57. The appellant, a registered firm manufacturing lime from li...

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Madras High Court Quashes Reassessment Notice Under Section 148 Income Tax Act as Time-Barred; Notice Dispatched on 1st April 2021 Beyond Limitation. Reopening Based on Accommodation Entry Information Without Independent Material Held Invalid for AY 2013-14.

The petitioner, a proprietor of a petrol bunk, challenged a reassessment notice under Section 148 of the Income Tax Act, 1961 for Assessment Year 2013...

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Madras High Court Adjudicates Second Appeals on Land Title and Injunction Disputes Involving Interpretation of Tamil Nadu Court Fees Act and Revenue Records. Substantial Questions of Law Frame Issues on Right to Declaration Without Correlated Revenue Records and Identity of Predecessor-in-Title.

The Madras High Court heard two second appeals arising from suits concerning title and possession of agricultural lands in Survey Nos. 1241/1 and 1241...