Title : Non-residents
State : Karnataka
Year : 1957
(1) In the case of any person residing outside the State, his total agricultural income shall be chargeable to agricultural income-tax either in his name or in the name of his agent and in the later case, such agent shall be deemed to be, for all the purposes of this Act, the assessee in respect of such tax. (2) Any person employed by or on behalf of a person residing out of the State, or through whom the non-resident person is in receipt of any agricultural income, upon whom the1[Assistant Commissioner of Agricultural Income-tax] has caused a notice to be served of his intention of treating him as the agent of the non-resident person shall, for all the purposes of this Act, be deemed to be such agent: Provided that no person shall be deemed to be the agent of a non-resident person,..... View Complete Act List Judgments citing this sectionTitle : Certificate in Respect of Payment of Tax by Companies
State : Karnataka
Year : 1957
The principal officer of every company shall, at the time of the distribution of dividends, furnish to every person receiving a dividend a certificate to the effect that the company has paid or will pay agricultural income-tax on the profits which are being distributed, and specifying such other particulars as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Liability in Case of Discontinued Firm or Association
State : Karnataka
Year : 1957
1[27. Liability in case of discontinued firm or association (1) Where the business of a firm or association of persons is discontinued or such firm or association is dissolved, the2[Assistant Commissioner of Agricultural Income-tax] shall make the assessment of the agricultural income of the firm or association of persons as if no such discontinuance or dissolution has taken place and all the provisions relating to the levy of penalty or any other sum chargeable under any provisions of this Act shall apply, so far as may be, to such assessment. (2) Every person who was at the time of such discontinuance or dissolution, a partner of such firm or a member of such association and the legal representative of any such person who is deceased, shall be jointly and severally liable to the..... View Complete Act List Judgments citing this sectionTitle : Power to Inspect Registers of Members of Comnpany, Etc.
State : Karnataka
Year : 1957
The Agricultural Income-tax Authority or any person authorised by him in writing in that behalf may inspect and, if necessary, take copies or cause copies to be taken of any register of the members, debenture holders or mortgagees of any company or of any entry in such register. View Complete Act List Judgments citing this sectionTitle : Method of Accounting
State : Karnataka
Year : 1957
Agricultural income shall be computed for the purpose of sections 5 and 6 in accordance with the method of accounting regularly employed by the assessee: Provided that, if no method of accounting has been regularly employed by the assessee, or if the method employed is such that, in the opinion of the1[Assistant Commissioner of Agricultural Income-tax], the agricultural income cannot properly be deduced therefrom, then the computation shall be made upon such basis and in such manner as he may determine: Provided further that in the case of coffee crop of an assessee, the agricultural income therefrom may be computed on the basis of valuation on points declared by the Indian Coffee Board in respect of such crop. ________________________ 1. Substitued by Act 5 of 1993 w.e.f...... View Complete Act List Judgments citing this sectionTitle : Change in Constitution of a Firm and Succession to Business
State : Karnataka
Year : 1957
(1) Where at the time of making an assessment under section 19, it is found that a change has occurred in the constitution of a firm or that a firm has been newly constituted, the assessment shall be made on the firm as constituted at the time of making the assessment. If the agricultural income-tax cannot be recovered from the firm as so constituted, such tax shall be recoverable from the persons who were members of the firm during the previous year. (2) Where a person carrying on any business in the course of which agricultural income is received has been succeeded in such capacity by another person, such person and such other person shall each be assessed in respect of his actual share of the agricultural income of the previous year: Provided that, when the person succeeded in..... View Complete Act List Judgments citing this sectionTitle : Place of Assessment
State : Karnataka
Year : 1957
(1) Subject to any orders passed under sub-section (2), the agricultural income of a person shall be assessed by the1[Assistant Commissioner of Agricultural Income-tax] of the area in which is situated the land from which the greater part of the agricultural income is derived: Provided that where an assessee has made a return under sub-section (1) of section 18 to the1[Assistant Commissioner of Agricultural Income-tax] having jurisdiction over the assessees place of residence or the place where any of his lands is situated or where his accounts are maintained, he shall be deemed to have elected such place as his place of assessment and it shall be accepted by the Officer concerned unless for reasons to be recorded in writing he passes an order that the assessment shall be made in any..... View Complete Act List Judgments citing this sectionTitle : Computation of Agricultural Income
State : Karnataka
Year : 1957
1 [(1)] The agricultural income of a person shall be computed after making the following deductions, namely:-- (a) any sums paid in the previous year on account of,-- (i) land revenue, local rates and cesses and municipal taxes in respect of the land from which the agricultural income is derived; and (ii) any excise duty or tax as may be prescribed in respect of the agricultural produce from such land; (b) any rent paid in the previous year to the landlord, or superior landlord as the case may be, in respect of the land from which the agricultural income is derived; (c) any expenses incurred in the previous year on the maintenance of any irrigation or protective work constructed for the benefit of the land from which the agricultural income is derived; (d) any expenses..... View Complete Act List Judgments citing this sectionTitle : Assessment of Agricultural Income in Regard to Tea, Coffee and Rubber
State : Karnataka
Year : 1957
8. Assessment of agricultural income in regard to tea,1[coffee and rubber] In the case of cultivation and manufacture of tea,1[coffee and rubber] the agricultural income for the purposes of this Act shall be deemed to be that portion of the income from cultivation, manufacture and sale computed under the2[Income-tax Act, 1961 (Central act 43 of 1961)] which is excluded from taxation under that Act as being agricultural income, after deducting from the said portion any allowance authorized by this Act in so far as the same has not been allowed in the computation of the income for the purposes of the2[Income-tax Act, 1961 (Central Act 43 of 1961)] ________________________ 1. Inserted by Act 7 of 2003 w.e.f. 1.4.2002 2. Substituted by Act 29 of 1976 w.e.f. 1.4.1975 View Complete Act List Judgments citing this sectionTitle : Assessment After Partition of a Hindu Undivided Family
State : Karnataka
Year : 1957
(1) Where at the time of making an assessment under section 19, it is claimed by or on behalf of any member of a Hindu Undivided Family, or branch, an Aliyasanthana family or a Marumakkattayam tarwad or tavazhi hitherto assessed as undivided that a partition or maintenance division has taken place among the members or groups of members of such family, branch, tarwad or tavazhi, the1[Assistant Commissioner of Agricultural Income-tax] shall make such inquiry therein to as he may think fit, and if he is satisfied that there has been a partition or maintenance division of the property by metes and bounds among the various members or groups of members and separate enjoyment by them he shall record an order to that effect: Provided that no such order shall be recorded until notice of the..... View Complete Act List Judgments citing this section