Search Results Page
Search Results
1 - 10 of 26 (1.19 seconds)
Indian And Eastern Newspaper Society ... vs Commissioner Of Income Tax, New Delhi on 31 August, 1979
cites
R.K. Malhotra, Ito, Group Circle Ii(1), ... vs Kasturbhai Lalbhai (Huf) on 11 August, 1977
The circumstance that the opinion of the Board was
rendered in an appeal filed before it under the Estate Duty
Act against the assessment made by the Assistant Controller
of Estate Duty was apparently not brought to the notice of
this Court when it heard R. K. Malhotra v. Kasturbhai
Lalbhai (supra). The opinion of the Board represented its
view as a quasi-judicial authority possessing jurisdiction
to lay down the law. Although the Board did not enhance the
valuation of the securities in the appellate proceeding
because of the argument advanced by the appellant,
nonetheless its observations amounted to information as to
the law. It was not a case where the Board was functioning
as an extrajudicial authority, performing administrative or
executive functions, and not competent or authorised to
pronounce upon the law.
The Income Tax Act, 1961
Section 10 in The Income Tax Act, 1961 [Entire Act]
Section 9 in The Income Tax Act, 1961 [Entire Act]
Section 16 in The Comptroller And Auditor-General's (Duties, Powers And Conditions Of Service), Act, 1971 [Entire Act]
Section 257 in The Income Tax Act, 1961 [Entire Act]
Kalyanji Mavji & Co vs C.I.T., West Bengal-Ii on 10 December, 1975
Any observations
in Kalyanji Mavji & Co. v Commissioner of Income Tax (supra)
suggesting the contrary do not, we say with respect, lay
down the correct law.
Assistant Controller Of Estate Duty, ... vs Nawab Sir Mir Osman Ali Khan Bahadur, ... on 23 August, 1968
In Assistant Controller of Estate Duty v. Nawab Sir Mir
osman Ali Khan Bahadur (supra), this Court held the opinion
of the Central Board of Revenue as regards the correct
valuation of securities for the purpose of estate duty to be
"information" within the meaning of section 59 of the Estate
Duty Act, 1953 on the basis of which the Controller of
Estate Duty was held entitled to entertain a reasonable
belief that property assessed to estate duty had been under-
valued.