COMMNR. OF CUSTOMS, NEW DELHI vs. M/S. PARASRAMPURIA SYNTHETICS LTD

112 of the Customs Act and further penalty of Rs.5 lakhs each on three of the Directors of the Company being the importer herein and hence the appeal before the Tribunal (CEGAT). The Tribunal however, on a detailed judgment came to the conclusion that the materials imported by the appellant are books coming under Tariff item 49.01 and thus coming

COMMNR. OF CUSTOMS, MUMBAI vs. M/S. BUREAU VERITAS

section 112(a) of the Act were imposed on Bureau Veritas and Jean Paul Rabier. The Commissioner found that the transaction value in terms of Rule 4 of the Customs Valuation Determination of Price of Imported Goods Rules, 1988 (in short the ‘Rules’) of the rig was the price paid for its purchase in March 1999 by the importer

THE INDIAN TUBE COMPANY LIMITED vs. THE COMMISSIONER OF INCOME TAX

112 1992 SCALE (1)26 ACT: Companies (Profit) Sur Tax Act, 1964 Sections-2 (b), 4,18-Payment of dividend-Recommendation of Board of Directors-Whether reserve-Whether to be taken into consideration for computation of capital. HEADNOTE: This appeal arises out of proceedings initiated to compute the capital of the appellant-company for the purpose

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) vs. AHMEDABAD URBAN DEVELOPMENT AUTHORITY

Bench: HON'BLE THE CHIEF JUSTICE

Section 12AA(1) of the IT Act, on 18.05.1979 and is engaged in the activity of promotion of the export of all kind of ready-made garments, knitwear, and garments made of leather, jute and hemp. It does not per se engage in any activity for profit, and its mandate is to ensure that Indian apparel manufacturers, are given forums