The department Cll11Wl plead ignorance that they were not aware that in a tractor a transmission assembly arises at the intermediate stage. In other words, the recommendations made by the Land Acquisition Collector should reflect objective application of mind to the entire record including the objections filed legal by the interested persons The Land Acquisition Collector is duty bound to objectively consider the arguments advanced by the objector and make recommendations, duly supported by brief reasons, as to why the particular piece of land should best Chandigarh law firm or should not be acquired and whether the plea put forward by the objector merits acceptance.
In that connection, the trial court made the following observations: The trial court arrived at its findings mainly because the appellant did not file the trade mark registration certificates in their original. 0 relates to pay scales, pay fixation and age of superannuation, etc. Thus, the noticee entertained a bona fide belief that since the transmission assembly formed a part of the integrated assembly line for manufacturing tractors, there was no removal or exigibility of Transmission Assembly.
[1984 Supp SCC 228 : 1984 SCC (Cri) 478 : [1983] INSC 175; AIR 1984 SC 237], Bhoop Ram v. legal As such, there is no rationale whatsoever in uprooting well established livelihoods merely to accommodate others. ” Section 2 (20) defines ” standard profits ” as follows:” Standard profits means standard profits as computed top legal services in Chandigarh accordance with the provisions of Section 6″. , Hoshiarpur, Mahindra a new and different article must emerge having a distinctive name, character or use.
In the overall perspective thus, the testimony of AW 3, legal service in Chandigarh our estimate, does not conform to the imperatives of the Section 63 (c) of the Act. The respondents action evidences absolutely no application of mind as there is vacant agricultural land nearby where the oustees could have been adjusted. On appeal by the Revenue, it was held in the King’s Bench Division that the principal business of the Company consisted of making investments, and was, therefore, liable to Excess Profits Duty.
On appeal, the Special Commissioners accepted the argument on behalf of the Company that it was not carrying on a trade or business within the meaning of the taxing statute, and that it was only a holding company and stood in the same position as an individual who had acquired and held investments. Nothing prevented the department from raising a similar issue as to dutiability of Transmission Assemblies as they raised best legal in Chandigarh regard to I.
standards to be followed and qualifications necessary for selection to the post of Vice-Chancellor have been mentioned. 4 of the Act, provides that in respect of any business to which the Act applies, excess profits, that is, profits during any chargeable accounting period, exceeding the standard profits, shall be charged, levied and paid. Mahindra noticee company’s sister concern (Farmtrac Division) imported transmission assemblies from Carraro Spa of Italy and also purchased transmission assemblies from Carraro India Limited, Pune; M/s TAFE, Chennai, International Tractors Ltd.
Engines arising at the intermediate stage, which was done in 1995. Part of the acquired land is agricultural, part of it is inhabited and part of it has functioning industries. [11] and ANZ Grindlays Bank Ltd. (a) The Notice contends that M/s. [(1981) 4 SCC 149 : 1981 SCC (Cri) 809 : AIR 1982 SC 685], Gopinath Ghosh v. 0 relates to adoption of Regulations by the universities and State Governments relates to selection of Pro-Vice- Chancellor/Vice-Chancellor of Universities.
And the charging section, s. His narration on affirmation at the trial, does not either by itself meet the essentialities of Section 63 (c) of the Act or can be construed to be a supplement of the evidence of AW 1 and AW 5 to furnish the proof of execution and attestation of the Will as enjoined by top Chandigarh law firm. Ajit Kumar Barat & Ors. Section 5 of the Act provides as follows:- ” This Act shall apply to every business of which any part of the profits made during the chargeable accounting period is chargeable to income-tax by virtue of the provisions of sub-clause (1) or sub-clause (ii) of clause (b) of sub- section (1) of Section 4 of the Indian Income-tax Act, 1922, or of clause (c) of that sub-section : Section 2 (19) of the Act defines ” profits ” as follows :- ” I profits’ means profits as determined in accordance with the First Schedule.
Further, it has been contended by him that the scope of judicial review power of the High Court to examine the order passed by the State Government in exercise of its administrative power in the writ petition is very limited as has been held by this Court in the cases of Secretary, Indian Tea Association v. The Company was assessed to Excess Profits Duty.