“17A. If- (i) Manufactured out of yarn falling under sub-heading No. 5402.42 of the First Schedule on which the appropriate duty of excise under the First Schedule, the special duty of excise leviable under the Second Schedule to the Central Excise Tariff Act, or as the case may be, the additional duty leviable under the Customs Tariff Act, 1975, has already been paid.
Circular No.517/13/2000-CX In keeping with the global thrust for making optimum use of available IT resources expediting communication of important decisions/news relating to Court matters and minimizing the use of papers as a means of communication, a page for judicial Cell has been put on the CBEC Website Newtwork “finm.in.nic.in”. For the present it will contain information about the Civil Appeals/SLPs filed in Supreme Court as well as those which have been admitted.
The High Court relying on Section 22 of the Income Tax Act, 1961 (hereinafter referred to as the Act) and following the judgment of Allahabad High Court in the case of C.I.T., U.P. v. Wheeler Club Limited {(1963) 49 ITR 52} and some observations of the Delhi High Court in the case of C.I.T., Delhi-II v. Delhi Gymkhana Club Ltd. (155 ITR 373)
