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1 - 10 of 14 (0.47 seconds)The Census Act, 1948
Section 4 in The Census Act, 1948 [Entire Act]
U.P. Sugarcane Cess Act, 1956
Section 10 in Income Tax Rules, 1962 [Entire Act]
Section 3 in The M.P. Sugarcane (Purchase Tax) Act, 1961 [Entire Act]
The Income Tax Act, 1961
The Sugarcane Cess (Validation) Act, 1961
Saraya Sugar Mills (P.) Ltd., Gorakhpur vs The Commissioner Of Income-Tax on 11 May, 1978
The case is distinguishable because we are
concerned with a particular statutory scheme enacted in ss.3
and 4 of the Cess Act before us. Our attention has also been
invited to Suraya Sugar Mills (P) Ltd. v. Commissioner of
Income-Tax,(1) where a Full Bench of the Allahabad High
Court has held that the payment of interest under s.3(3) of
the U.P. Sugarcane Purchase Tax Act, 1961 is a penal
liability which accrues on an infraction of the law. Section
3(3) of the U.P. Sugarcane Purchase Tax Act, 1961 does seem
to be in pari materia with s. 3(3) of the Cess Act. But we
think we. should resist the blandishment to sit in judgment
over that decision when it is not in appeal before us. We
are concerned solely with the nature of the liability to pay
interest under s.3(3) of the Cess Act.
Commissioner Of Income-Tax vs Oriental Carpet Manufacturers (India) ... on 27 July, 1971
Reliance was also placed on Commissioner of
Income-Tax v. Oriental Carpet Manufacturers (India) P.
Ltd.(3) In that case, the High Court of Punjab and Haryana
laid down that
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interest paid by an assessee on account of delay in payment
of the provisional demand of tax is not a permissible
deduction under s.36 (1) (iii) and s.37 of the Income Tax
Act. The learned Judges observed that the liability to tax,
although arising out of a business activity, could not be
said to be a liability related to the assessee's, business.
It is not necessary for us to express any opinion on the
decision.