SC 2279: (1977) 4 SCC 98: 1977 SCC (Tax) 536 Decided On: 31.08.1977 Bench: 7 Judge Bench consisting of the following Justices of the Supreme Court of India: Chief Justice M. Hameedullah Beg.‚ Justice N. L. Untwalia‚ Justice P. N. Bhagwati‚ Justice P. S. Kailasam‚ Justice S. Murtaza Fazal Ali‚ Justice V. R. Krishna Iyer and Justice Y. V. Chandrachud. Brief facts of the case: The case dealt with the constitutionality of a certain pattern of sales tax legislation‚ calculated to counter
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Soda Tax: The Beginning of the End The government plans to tax sugary drinks to lower consumption and reduce obesity rates. It is a tax that is justified‚ because a high majority of its consumers are obese and our government believes they should step in and do something about it. There are positive aspects of a soda tax‚ but it would also be a violation of freedom of choice‚ with many other red flags as well. The government simply‚ has too much involvement with our personal lives. Placing a
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Tax file memorandum Subject: Profit or Loss from business I. Facts: In early 2010‚ Walter Hodges became interested in the real estate market so he initiated his investigation into the real estate market. Mr. Hodges intended to acquire real estate with the intentions for investment or rental. Mr. Hodge has no previous knowledge or exposure to any real estate rental or investment industry. As a result‚ Mr. Hodges began in Spring 2010 to advertise and expose his business through
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the report is an exploration of a career option and a Tax Auditor at Canada Revenue Agency. The purposes of this report are to not only prepare myself for the position by examining and learning but also introduce a different field of work to colleagues All residents in Canada must pay a tax and Canada Revenue Agency (CRA)‚ formally known as Revenue Canada‚ is a federal agency that has as its main function the administration of Canadian tax laws for most of the provinces and territories of Canada
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Understanding Your Fats and Fiber University of Phoenix SCI/241 Understanding Your Fats and Fiber When people discuss diet and health there are many stigmas‚ one of them being that all fats are bad. While fats can be harmful if taken in excess‚ there are many different types of fats that make up this category. The fats that make up category are: saturated fats‚ unsaturated fats‚ trans-fatty acids and hydrogenated fats. Each of these fats are different and all play a role in your diet‚ some give
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our obsession with low-fat foods. We’re bombarded with supposedly guilt-free options: baked potato chips‚ fat-free ice cream‚ low-fat candies‚ cookies‚ and cakes. But while our low-fat options have exploded‚ so have obesity rates. Clearly‚ low-fat foods and diets haven’t delivered on their trim‚ healthy promises. Despite what you may have been told‚ fat isn’t always the bad guy in the waistline wars. Bad fats‚ such as trans fats‚ are guilty of the unhealthy things all fats have been blamed for—weight
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have read about face the fats sections it has talked about the healthy andf the healthy fats for example the trans fats are junk food and the unhealthy things that we eat and the fats that have been blamed for. One of them are weight gian or clogged arteries and so on forth. On the other hand there are good fats for example monounsatutated fats‚ or even polyunsatutated Fats‚ lets not forget the omega-3 which has the effect of the opposite. Did you know that‚ the healthy fats that is in our bodies does
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MEMORANDUM To: S. Partner‚ C.P.A. From: Nicole J. Badalamenti‚ J. Accountant Date: August 27‚ 2012 Subject: Mr. B. Potato I FACTS Mr. B. Potato‚ a wealthy real estate investor‚ recently purchased a house on a parcel of land for $400‚000. The house was appraised at a value of $300‚000 and the land had an appraised value of $100‚000. Mr. Potato plans to tear down the house and replace it with a new house worth $1‚500‚000 with the intentions of living in
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Understand Your Fats and Fiber Christy White SCI/241 August 29‚ 2013 Simyka Carlton The fats are Trans‚ saturated‚ mono-saturated‚ and polyunsaturated. The bad fats are Trans fats and saturated fats. These fats are generally found in the foods that we all love but know that we shouldn’t eat‚ or at least eat in moderation. Saturated fats are found in foods like butter‚ milk‚ cheeses‚ and meats. Trans fats are found in foods like cakes‚ cookies and other types of baked goods as well as deep
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Chapter 6 Tax matters 1、 Why have tax? The Collins Concise English Dictionary (1992. P 1383) defines the word “tax” as: “a compulsory financial contribution imposed by a government to raise revenue‚ levied on income or property‚ on the prices of goods and services‚ etc. and to levy a tax on (persons‚ companies‚ etc.)” (Clinton Alley‚ 2008). there are several reasons can explain the existence of tax: The main function of taxation is the fiscal one. It is through fiscality that taxes play their
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