Commissioner of Income-tax Vs. Bombay Oilseeds and Oil Exchange Ltd.

Decided On : Jan-19-1993

Court : Mumbai

LAW: section 26, the Indian Companies Act, Article 105 of the articles of association of the company, Article 7, Article 111, section 28(i, article 331 (f, Article 111 of the articles of association of the company, section 10(6, section 10(6, section 10(1, section 28(i, section 10(6),of, section 10(1, section 10(1, section 28(i

PERSON: B.P. Saraf, laga receipts, laga receipts (, laga receipts, laga, laga, laga, laga, laga, laga, laga, laga receipts, laga having, laga, laga, laga receipts, laga receipts, laga, laga, laga, laga receipts, Laga, Chamber, McMillan, laga, laga, laga, laga receipts

NORP: J.1, Indian, Indian, Indian

ORG: the High Court, Tribunal, the Bombay High Court, Tribunal, Bombay Oilseeds, Oil Exchange Ltd., Bombay, Shubhlaxmi Fund, Patan Pinjra Pole, Appellate, Surat District Cotton Dealers' Association, Appellate, CIT, Appellate, Tribunal, Tribunal, Surat District Cotton Dealers' Association, Tribunal, Tribunal, the laga fund, Tribunal, Tribunal, Tribunal, the High Court, Tribunal, the High Court, Tribunal, Tribunal, Tribunal, Reliance, Surat District Cotton Dealers' Association, the Bombay High Court, Department, Surat District Cotton Dealers' Association, Chamber, the laga fund, Chamber, Tribunal, Surat District Cotton Dealers' Association, the Supreme Court, CIT, Kumbakonam Mutual Benefit Fund Ltd., Municipal Mutual Insurance Ltd., the Supreme Court, the Andhra Pradesh High Court, CIT, Exchange, Board, Tribunal, Tribunal, Tribunal, Tribunal

GPE: Bombay, assessee, assessee, assessee, assessee, assessee, assessee

DATE: 1961, the assessment year 1949-50, 1913, June 6, 1959, the day, January 9, 1963, January 10, 1963, July 25, 1963, the assessment year 1963-64, the assessment years 1964-65, 1965-66, the three years, three assessment years, 1961, 1922, the assessment year 1949-50, 1922, the assessment year 1949-50, the years, the year 1959, the assessment year 1949-50, March 6, 1953, the assessment year 1949-50, 1922, 1922, 1959, 1959, 1964]53ITR241(SC, 1932, the years

CARDINAL: three, 1, 2, 3, 2, 331(1, one-third, two-thirds, two-third, 7, 111, 2, 3, only one, one, 71,645, 90,461, 4., 1959]35ITR121(Bom, 1957]31ITR791(Bom, 5., 1959]35ITR121(Bom, 6., 1957]31ITR791(Bom, 8., 1959]35ITR121(Bom, 1957]31ITR791(Bom, 9, two, 10., 33, 211, 1957]31ITR791(Bom, 11, 12, two, 13, 1959]35ITR121(Bom, 129, 14, 1957]31ITR791(Bom, 802, 15, 802, 16, two, 1959]35ITR121(Bom, two, 17, 16, 18, 1974]96ITR261(AP, 273, 19, 331(1, 5, 20, 5, 50, 9, 50, 20, two, 21, 22, 23

PERCENT: 50%, 25%, 1/2%

LOC: East India, East India Chamber, East India, East India, East India

MONEY: 256(1

EVENT: the 1961 Act, the 1961 Act, the 1922 Act, the 1961 Act, the 1922 Act

ORDINAL: first, first, first, first, second, third

QUANTITY: 10 metric tonnes, 20 metric tonnes, 10 metric tonnes, 25 metric tonnes, less than 25 metric tonnes