E.D. Sassoon and Co. Ltd. Vs. Commissioner of Income-tax, Bombay City I

Decided On : Oct-15-1967

Court : Mumbai

LAW: section 66(1, section 25(3, Act 2, section 25(3, section 25(3, section 10, section 25(3, section 25(3, section 25(3, section 25(3, section 12, section 6, section 10, section 12, section 25(3, section 25, section 10, section 6, section 25(3, section 25, section 25(3, section 25(3, Section 25(3, section 25(3, section 14(2, section 3, section 25(3, section 25(3, section 25(3, section 25(3, section 10, the Indian Finance Act, section 11, the Finance Act, section 25(3, section 25(3, section 25(3, section 25(3, section 25(3, section 9, the Industrial Disputes Act, section 25FF, section 24, section 24, article 4, section 24, section 24, section 6, Section 6 of the Act, Section 6, section 6, section 24, section 24

CARDINAL: five, 2,92,672, 5, 2, 1, 1, 3., 4, 96,000, 2,12,708-15, 51,383, 47,690, 1,39,527-15-7, 1,33,961-6-8, 5., One, 6, 7, 7, 1,93,79,521-3-1, 2,17,126-3-11, 4,73,322-12-10, 9,26,730-5-8, 9, 6,403, 2,07,440-3-4, two, 6,55,895-14, 9,76,708-06-710, two, 9,76,708-6-7, One, 12,85,462-14-7, 11, 12, one, one, 13, 14, 9,00,000, 15, 2, 5, 6 and 8, 6, about 9, nine, 8, 16, 6, 9,76,708-6-7, two, 6,55,895-1, 9,76,708-6-7, 9,26,730-5-3, 7,26,730, 9,76,708-6, 3,20,812, one, 6, 18, 2, 3, two, 4, 5, 6, 9,76,708-6-7, 7, 19, 1, 4, 3, 20, 2, 9, 13, 4, 5, 21, 9,26,730, 2,17,126-3-11, 4,73,322-12-10, 57, two, 23, 24, 1, 2, one, two, one, one, 25, 10,42,78,511, 26, 7, 27, 1, 12,66,29, 4, more than half, 34,72,140-13, 28, 30, 1,733-13, 1,733-13, 3,467-10-0, 4, 33, 3, four, 1, 2, 3, 4, 4, 20, 22, 3, 407, two, 9,76,708-6, 9,76,708-6-7, 37, one, 9,76,708-6, two, 6,55,895-14, 3,20,812-, 8, 9,26,730-5, 9,76,708-6-7, 40, 74, one-fifth, one-tenth, one half, 11, 43, 9,76,708-6, 9,76,708-6-7, 44, 45, 7, 1, 1, 2, 47, 3, 5, 48, 1, 1,52,00,000, 50, nearly 2, 51, 609, 1, 2, 3, 4, 5, 6, 3, 2, 3,70,943, 30, 3,70,943, 30, 29, 29, 29, one, 30, 29, 30, 57, 30, 29, 30, 30, 647, 649, 30, 3, 4, 2,92,672, 60, 17, 2,87,524-3-6, 17, 17, 62, 17, 63, 540, 6,409, 4,041, 4,620, 17, 65., 29,392, 43,692, 24,809, 4, 66, 68, 98,000, 57,322, one, only one, two, One, 89, two, two, two, two, two, Six, 1, only one, 2, 3, 4, 5, one, 6, two, six, six, two, one, one, two, 71, 637, one, two, 2, one, two, one, 2, two, two, 73, one, two, 89, 274, one, 402, two, two, one, one, one, two, 1, one, 75, 2, 1, 2, two, 309, 2, 310, 1, 2, 1, 2, four, two, two, one

ORG: Appellate Tribunal, Bombay Bench ', E. D. Season & Co., G-2, G-2, the London Exchange, E. D. Sassoon & Co. Ltd., E. D. Sassoon & Co., E. D. Sassoon & Co., the Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., Tribunal, E. D Sassoon & Co., E. D. Sassoon & Co., the Bombay Trust Corporation Ltd., Tribunal, Appellate, Tribunal, Tribunal, E. D. Sassoon & Co., Tribunal, Appellate, Tribunal, Tribunal, the London Office, B. T. C. Ltd., Tribunal, E. D. Sassoon & Co., London House, Appellate Tribunal, Tribunal, E. D. Seasoon& Co., Tribunal, Tribunal, E. D. Sasson & Co., the Government of India, E. D. Seasoon & Co., Tribunal, Tribunal, E. D. Seasoon& Co., Tribunal, the B. T. C. Ltd., the B. T. C. Ltd., the B. T. C. Ltd., the Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., the BOMBAY Trust Corporation, The Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., Tribunal, the Bombay Trust Corporation Ltd., E. D. Seasoon& Co., Tribunal, the Bombay Trust Corporation Ltd., the Bombay Trust Corporation Ltd., E. D. Seasoon& Co., the Bombay Trust Corporation Ltd., the London Stock Exchange, H. T. C. Ltd., Hongkong Trust Corporation, Tubular, Appellate, Appellate, Appellate, Appellate, E. D. Sassoon & Co., Division Bench, Ahmuty & Co. Ltd., the Supreme Court, Assam Investors Ltd., The Supreme Court, Ahmuty & Co., the Supreme Court, the Supreme Court, The Supreme Court, the Supreme Court, Chuganda, The Supreme Court, the Supreme Court, SV, The Supreme Court, London Investments, the Supreme Court, London House, the Supreme Court, the Supreme Court, Army, Navy Stores Ltd., The Supreme Court, Army, Navy Stores, Tribunal, Tribunal, Tribunal, E. D. Sassoon & Co., B. T. C. Ltd., Tribunal, Tribunal, the Government of China, Tribunal, Tribunal, Tribunal, Tribunal, the Supreme Court, G. Venkataswami Naidu & Co v. Commissioner of Income, The Supreme Court, Tribunal, the E. D. Sassoon Co. Ltd., the Prudential Assurance Co. Ltd., Scheme, Tribunal, Tribunal, Tribunal, Tribunal, Gemini Cashew Sales Corporation, The Supreme Court, Superannuated, Tribunal, the Provident Fund Rules, Appellate, the Supreme Court, Calcutta Co. Ltd., The Supreme Court, The Supreme Court, Tribunal, George Thompson & Co., Lloyds, Lloyds, Tribunal, E. D. Seasoon & Co., Dahyabhai, the Supreme Court, Prithvi Insurance Co. Ltd., the Supreme Court, Tribunal, George Thompson & Co. Ltd. ', the Supreme Court, E. D. Seasoon & Co., the Supreme Court, Setabganj Sugar Mills Ltd., the supreme Court, Dahyabhai, Tribunal, E. D. Session & Co., Cocanada Radhaswami Bank Ltd., the Supreme Court, the Supreme Court

DATE: '1, the year 3, the year 4, 1948, 1949-50, several years, the year 1920, the year 1918, that year, that year, the year ended 31st December, 1918, the accounting year 1919, that year, that year, that year, 1918, the year 1919, 4th December, 1920, 30th June, 1921, 28th December, 1948, the 8th of September, 1920, about four months, 8, 30th June, 1921, 31st December, 1920, the year, 1920, this year, the last year, January, 1921, year 1921, the account year 1921, these years, the account year 1922, the 28th December, 1948, the accounting year 1948, that year, 1918, 1938, the year 1921, year, one year's, the year, year 1921, the year 1948, the account year ending December 31, 1920', 1918, the year, 1918, the account years 1918, 1919, 1920, the account year 1921, '14, the assessment year 1918, 1918, the year 1919, 1919, the year 1920, the year 1920, 3, 4, 1918, 1919, 1920, the year, the year, the account year 1921, 1921, 1921, the year 1921, 1922, the later years, the first year, the year 1921 of Rs, the year 1922-23, 12th October, 1922, the preceding year, 1920, 1920, the year 1921, the 23rd December, 1922, '17, the 18th November, 1958, the very first year, today, 8, '1, 4th December, 1921, 30th June, 1921, the account year 1921, 1921, 31st December, 1921, the subsequent years, past years', 30th June 1921, the 31st day of December, 1920, the 31st December, 1921, 22, the account year 1920, that year, that year, the account year ending 31st December, 1920, January, 1921, the year 1921, 12th October, 1922, 22nd December, 1922, a little later, the first year, that year, 1926, the year, 31st December 1921, 1931, the account year 1921, the year 1922, the year 1922, each year, the year, 1922, the account year 1922, the end of 1921, the end of December, 1922, the year 1922, about four months, 1922, 1922, the first year, 1922, January 1921, December 1920/January, 1921, the year ending 31st December, 1921, 1921, the year 1921, 1921, the year 1921, the year, December 4, 1920, December 29, 1948, '29, the year 1920 and 1921, years 1921-22, 1922-23, 10th January, 1923, 1921-22, 1922-23, the two years, the year ending 31st December, 1922, the year 1921, the first year, the subsequent year, the last year, 1920, the years 1950-51, 1951-52, the year 1950-51, 32, 1918, 1918, the previous year, the previous year, 1918, the year, 1922, 1918, 1918, 1918, '34, 35, 1918, each year, 1922, the previous year, the accounting year, the previous year, the assessment year, the assessment year, the seceding year, 1922, the last year, the year, the assessment year 1921-22, the first year, 1922, 1922, the year, the financial year 1921-22, that year, the previous year, April 1, 1922, the year 1921-22, 1921-22, that year, years, the first year, the year 1921, the year 1921, year 1922-23, the account year ending 1921, the first year, the first year, 12th October, 1952, the year 1921, the year 1921, 1920, this year', the next year, '41, 1918, 42, 1942, 1943, 1945, the previous year, the previous year, 31st of August, 1941, 1942,, 1943, 1944, the 31st of March, 1946, years, the previous year to the year, 1918, 1920, 1918, 1918, 1918, the first year, 46, the year, 4, the year, 1921, the year 1942, 1942, December 1947, 1947, 49, a prior assessment year, 1948-49, this year, 52, that year, the year, 54, the 28th December, 1948, the account year, January 1, 1948 to December 28, 1948, the years, the 30the November, 1944, one month's, one year, the age of 55, ten years, one month's, every one year, '30, '55, the account year, the earlier years, earlier years, the year, earlier years, the year, the years, the accounting year 1948, the year, the account year, 30, the year, each year, the year, 58, less than one year, '59, 1950-51, '61, year 1947, 31st December, 1947, the next year, August, 1948, the 20th January, 1950, the 20th January, 1950, the prior year ending 31st December, 1947, the year 1934-35, the year, 15th September, 1958, annual, any year, years, the years, years, the year 1951, the year 1952, the year 1952, the year, the year, '64, the year, a later date, that year, six months, the year, the year 1948, the year 1949-50, 1948, 1949-50, '67, the preceding year, the year, the preceding year, the preceding year, the year, '68, 1919, 1920, '69, 70, last year, the 30th June, 1921, '74, 1953, 1955, any year, a previous year, the previous year, the year ending on the 31st day of March, 1940, the following year, that year.....'76, the relevant year, the previous year, '77

GPE: Shanghi, India, Bombay, Karachi, Hongkong, Shanghai, London, Manchester, Basra, India, England, London, Bombay, India, India, India, London, Bombay, Bombay, India, India, India, London, Shanghai, Bengal, Bombay, the United Kingdom, the United Kingdom, United Kingdom, the United Kingdom, Shanghai, Shanghai, China, India, India, China, China, China, Shanghai, Shanghai, China, China, India, Shanghai, Shanghai, assessee, Gemini, Bombay, Scale, Scales, Scales, Scales, Setabganj

PERSON: Season, Raymond, Nos, Kolah, Joshi, Joshi, Joshi, Joshi, B. T. C. Ltd., Hillel, Joshi, Joshi, Joshi, Kolah, B. T. C. Ltd., B. T. C. Ltd., Muar, Nos, Kolah, 1,85,03,239, Hongknog, Kolah, Kolah, Kolah, Hongknog, Joshi, Scales v. Gorge Thompson & Company Limited, George Thompson & Co., Justice Rowlatt, Rowlatt J., Rowlatt

PRODUCT: Calcutta, I-51, I-51, I-15, Finance Act, I-53, I-53, Scale

LOC: the Persian Gulf

NORP: Indian, Indian, Indian, Indian, Indian, Indian, Indian, Indian, Chinese

LANGUAGE: English

ORDINAL: second, first, first, first, first, first, first, second, third, Secondly, first, 5th, fifth, first

PERCENT: 6%, 6%

WORK_OF_ART: 'I-14', Chugandas and Co., Scales