Title : Income Escaping Assessment
State : Karnataka
Year : 1957
36. Income escaping assessment If for any reason any agricultural income chargeable to tax under this Act has escaped assessment in any financial year or has been assessed at too low a rate, the1 [Assistant Commissioner of Agricultural Income-tax], may, 2 [at any time within fiveyears] of the end of that year serve on the person liable to pay the tax or in the case of a company on the principal officer thereof, a notice containing all or any of the requirements which may be included in a notice under sub-section (2) of section 18 and may proceed to assess or re-assess such income and the provisions of this Act shall, so far as may be, apply accordingly as if the notice were a notice issued under that sub-section: Provided that the tax shall be charged at the rate at which it would..... View Complete Act List Judgments citing this sectionTitle : Power of Representative of Deceased Person or Perons Disabled to Make Claim on His Behalf
State : Karnataka
Year : 1957
Where through death, incapacity, bankruptcy, liquidation or other cause, a person who would but for such cause have been entitled to a refund under any of the provisions of this Act, or to make a claim under section 45, is unable to receive such refund or to make such claim, his executor, administrator or other legal representative or the trustee or receiver, as the case may be, shall be entitled to receive such refund or to make such claim for the benefit of such person or his estate. View Complete Act List Judgments citing this sectionTitle : Failure to Furnish Return or to Supply Information
State : Karnataka
Year : 1957
If any person fails without reasonable cause or excuse,- (a) to furnish in due time any of the returns specified in sub-section (1) or sub-section (2) of section 18 or in section 39; or (b) to furnish a certificate required by section 16; or (c) to grant inspection or allow copies to be taken in accordance with the provision of section 62; or (d) to produce or cause to be produced on or before the date mentioned in any notice under sub-section (4) or section 18, such accounts or documents as are referred to in the notice, he shall be punishable with fine which may extend to five rupees for every day during which the default continues. View Complete Act List Judgments citing this sectionTitle : Computation of Period of Limitation
State : Karnataka
Year : 1957
In computing the period of limitation prescribed for any appeal under this Act or for an application under section 55 the date on which the order complained of was made and the time requisite for obtaining a copy of such order shall be excluded. View Complete Act List Judgments citing this sectionTitle : Mode of Recovery
State : Central
Year : 1971
If the sum required to be paid under sub-section (1) of Section 3 is not paid on or before the 15th day of March, 1972,the company shall be deemed to be an assessed in default and (a) The company shall be liable to pay simple interest at nine per cent, per annum from the 16th day of March, 1972; (b) All the provisions of Sections 221to 227,Section 229, Section 231and Section 232 of the Income-tax Act and the Second and Third Schedules to that Act and any rules made there under shall, so far as may be, apply as if the said provisions were the provisions of this Act and referred to surcharge on income-tax and sums imposed by way of penalty and interest under this Act instead of to income-tax and sums imposed by way of penalty and interest under that Act and as if references to..... View Complete Act List Judgments citing this sectionTitle : Definitions
State : Karnataka
Year : 1957
(1) In this Act, unless the context otherwise requires,-- (a) "agricultural income" means,-- 1 [(1) any rent or revenue derived from land situated in the State of Karnataka and used for growing plantation crops;] (2) any income derived from such land by,-- (i) agriculture, or (ii) the performance by a cultivator or receiver of rent-in-kind of any process ordinarily employed by a cultivator or receiver of rent-in-kind to render the produce raised or received by him fit to be taken to market, or (iii) the sale by a cultivator or receiver of rent-in-kind of the produce raised or received by him in respect of which no process has been performed other than a process of the nature described in paragraph (ii); (3) any income derived from any building owned and occupied by the..... View Complete Act List Judgments citing this sectionTitle : Appeal Against Assessment
State : Karnataka
Year : 1957
1[(1) Any assessee aggrieved by any of the following orders of an2[Assistant Commissioner of Agricultural Income-tax] may appeal to the3[Joint Commissioner] (Appeals) against such orders:-- (a) imposing penalty under clause (b) of sub-section (2A) of section 18; (b) rejecting the plea of denial of the liability to be assessed under the Act; (c) assessing the amount of income or determining the amount of tax or computing the amount of loss under sub-sections (3) or (4) of section 19. (d) refusing to reopen an assessment made under sub-section (4) of section 19 in pursuance of section 21; (e) imposing a penalty under section 22; (f) assessing the case of discontinued company, firm or association under section 26; (g) refusing registration of a firm under section 29; (h)..... View Complete Act List Judgments citing this sectionTitle : Tax when Payable
State : Karnataka
Year : 1957
(1) Any amount specified as payable in a notice of demand under section 31 or an order under section 32,1[section 32A,] section 34 or section 35, shall be paid within the time, at the place and to the person mentioned in a notice or order or if a time is not so mentioned, then on or before the first day of the second month following the date of the service of the notice or order and any assessee failing so to pay shall be deemed to be in default: 2[Proviso x x x] (2) If an assessee makes an application within the time mentioned in the notice of demand in section 31, for being allowed to pay the tax due, the3[Assistant Commissioner of Agricultural Income-tax] may in his discretion, by order in writing, allow the assessee to pay the tax due, in instalments not exceeding four in number..... View Complete Act List Judgments citing this sectionTitle : Recovery of Penalties
State : Karnataka
Year : 1957
Any sum imposed by way of penalty under the provisions of 1[clause (b) of sub-section 2A of section 18] section 22, section 26 or section 42 shall be recoverable in the manner provided in this Chapter for the recovery of arrear of tax. ________________________ 1. Inserted by Act 14 of 1983 w.e.f. 1.12.1982. View Complete Act List Judgments citing this sectionTitle : Disclosure of Information Respecting Assessees
State : Karnataka
Year : 1957
1[53. Disclosure of information respecting assessees (1) (a) The Commissioner may furnish or cause to be furnished to, (i) any officer, authority or body performing any functions under any other law relating to the imposition of any tax, duty, cess or fee; or (ii) such officer, authority or body performing any functions under any other law as the State Government, if in its opinion it is necessary so to do in the public interest, may, by notification, specify in this behalf, any such information relating to any assessee in respect of any assessment made under this Act as may, in the opinion of the Commissioner, be necessary for the purpose of enabling such officer, authority or body to perform his or its functions under that law. (b) Where a person makes an application to the..... View Complete Act List Judgments citing this section