Section 148 of the 1961 Act.
(c) The marginal note to Section 142 is "Inquiry before assessment". This marginal note was appropriate before ... kind of inquiry contemplated by Section 142 prior to 1.4.1989. The marginal note, therefore, was appropriate. However, when the section underwent a change
detected as a result of search. He referred to the marginal note to section 158BA , i.e., "the assessment of undisclosed income ... Taxman 223 (MP).
11. He further submitted that the marginal note, speech of the Finance Minister, etc., can be used
Amp Spg. And Wvg. Mills (P.) Ltd. vs Income-Tax Officer on 24 March, 2006
interest of the company, the board has refused registration. The marginal note to this article "registry be refused if the transferee not approved ... which the company has a lien. Shri Harikrishnan argued that the marginal note "registry to be refused if the transfer not approved
Supreme Court was confronted with the question whether Chapter
headings and marginal notes should be taken into consideration for the purpose of
interpretation ... following
observations are pertinent: -
"114. Chapter headings and the marginal note are parts of the statute. They have
also been enacted by the Parliament
intervene in the appointment process. The DG has relied on the marginal
noting on the proposal forms in respect of M/s Sanjay Agency ... statements made by the officials of the company who made such marginal
notings.
g. In the audio clip containing a purported conversation between Shri Nayan
depreciation claimed in past was right or wrong. It is the marginal note to Section 50 contained the phrase "depreciable assets" whereas ... weight of authority is in favour of the view that the marginal note appended to a section cannot be used for constructing the section
interpretation. Consequently, it was argued by him the headings or marginal notes as well as the speech of the Finance Minister, notes on clauses ... also the settled legal position that headings or marginal notes do not control a provision where the plain and unambiguous language has been used
Acit, Central Circle- 30, New Delhi vs Prakash Industries Ltd., Hisar on 18 June, 2021
liability to tax on capital gains. And that is why the marginal note to Section 52 reads: " Consideration for the transfer in cases ... into Section 52 with a total stranger under an inappropriate marginal note. Moreover, there is inherent evidence in Sub-section (2) which suggests that
