SAMANT N.BALKRISHNA & ANOTHER v. GEORGE FERNANDEZ & OTHERS

Principal Commissioner Income Tax 4 Bengaluru 2 vs. M/S Jupiter Capital Private Limited

Bench: HON'BLE MR. JUSTICE J.B. PARDIWALA

…cision of the Gujarat High Court in Anarkali case [(1982) 138 ITR 437 (Guj)] was challenged and this Court in Anarkali Sarabhai v. CIT [(1997) 3 SCC 238 : (1997) 224 ITR 422] upheld the High Court's decision. It had been contended in Anarkali case [(1997) 3 SCC 238 : (1997) 224 ITR 422] on behalf of the assessee that reduction of preference shares was not a sale or relinquishment of asset and, therefore, no capital gains tax was payable. Repelling 9 this contention, this Court considered the definition of the word “transfer” occurring in Section 2(47) of the Act and reading the same along with Sect…

Sri.D.K.Sidram vs. Sri.Eshwar Bhimanna Khandre & Ors

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

…on with such further information in detail to understand the case of other side and to meet it effectively; in support of his contention he banks upon the decision of the Apex Court in SAMANT N.BALKRISHNA & ANOTHER vs. GEORGE FERNANDEZ & OTHERS, (1969) 3 SCC 238. (ii) Petitioner enlists several corrupt practices allegedly committed by R-1, as already mentioned above; there are averments in the petition that: to induce voters, - - 18 he distributed money and thousands of wall clocks bearing his name, designation & photo; one advocate by name Mr. Suresh Biradar having seen him distribute t…

Deputy Inspector General vs. Joint Commissioner of Income Tax, (TDS)

Bench: SANGEET LODHA,RAMESHWAR VYAS

Commnr. of Central Excise, Surat vs. M/S. Surat Textiles Mills Ltd

The appeals stand disposed of accordingly with the above direction

…rnational Ltd. and Others [(1984) 1 SCC 467] 6. Assistant Collector of Central Excise and Others vs. Madras Rubber Factory Ltd. etc. [1986 (Supp) SCC 751] 7. Assistant Collector of Central Excise and Others vs. Madras Rubber Factory Ltd. [(1989) 3 SCC 238] 8. Collector of Central Excise, Madras vs. T.I. Millers Ltd., Madras and T.I. Diamond Chain, Madras [1988 (Supp) SCC 361] 9. Collector of Central Excise, Hyderabad vs. M/s Jayant Oil Mills Pvt. Ltd. [(1989) 3 SCC 343] 10. Cosmic Dye Chemical vs. Collector of Central Excise, Bombay [1995(75) ELT 721 (SC) 11. Amco Batteri…