Rungta Sons Ltd. Vs. Commissioner of Income Tax, (Central) Calcutta

Decided On : Jan-28-1964

Court : Kolkata

LAW: Section 66(1, the Income Tax Act 1922, Section 4(1)(b)(i, the Section 4(1)(b)(i, Section 4(1)(b)(i, the Shipping Companies M. S. Company, the Income Tax Act, Section 4(1, the Income Tax Act, Article 261, Section 66, Section 66(4, Section 66(1

PERSON: K.C. Sen, Rungta Engineering, M. G. R. Iron and Steel Company Limited, Meyer, Murray, Kanga, Meyer, Shoorji Vallabdas, N. D. S. Company, S. V. Limited, N. D. S. Company, V. Limited, N. D. S., P. Limited, Rs, Meyer, Meyer, Chamanlal Mangaldas, Chamanlal Mangaldas, Chamanlal Mangaldas, Calendar, Meyor, Chamanlal Mangaldas, Meyer, S. Mukherjee, Meyer, Mukherjee, Madras, K. R. M. T. T. Thiagraja Chetty, Meyer, Justice Roxburgh, S. Mukherjee, Meyer, Meyer, S. Mukherji, Singari Bai, Meyer, Sankar Prasad Mitra

NORP: J.1, Commr, suspese, English, Indian, English

DATE: 29000/-, 1952-53, July 1951, The accounting year, July 1951, the 16th December 1952, the accounting year, the accounting year, the 5thJuly, 1951, the assessment year, the accounting year, the accounting year, 1922, any previous year, such year, such year, such year, ' 5, the accounting year, spring, 1959]36ITR25(Bom, the period April 1 to December 31, 1947, the financial year 1947-1948, November 20, 30th December, 1947, January 1, 1948, 20 years, April 1 to December 31, 1947, December 1, 1947, April 1 to December 31, 1947, December 30, 1947, January 1, 1947, the assessment year for, the year 1948-49, the previous year ended on March, 31, 1948, the previous year, the accounting year ending on the 31st March, 1948, the previous year, the accounting year, the accounting year, the year, the year, that year, the accounting years, year 1950, the previous year, the previous year, April 8, 1951, the previous year, the previous year, the year, the accounting year, the previous year, the previous year, the 'previous year', the year, the year, monthly, the year, 31st March 1942, the 30th March, 1942, the assessment year 1942-43, the accounting year 'or, 1954 35, October 1941, September 1945, 1943, 1949, 1928, the year ended 30th June 1918, that year, 1946, 1922, 1946-1, the accounting year, the accounting year, the subsequent years, the year, a year or period, any year, the year, the year, the 5th July, 1951, the accounting year, the accouting year, the accounting year, the accounting year, previous year, the accounting year, the subsequent years, previous year, the previous year

CARDINAL: 2, 29,000/-, 29,000/-, 29,000/-, 3, 29,000/-, 4., 160, 6., three, two, three, only onDecember 30, 1946, two, 1,71,885A, one, two, 2,60,625/-, 8, 1962]46ITR144(SC, two, 9, 10, 147, 1956]29ITR987(Bom, 1960]39ITR8(SC, 1956]29ITR987(Bom, one, 1956]29ITR987(Bom, two, 11, 1954]1SCR258, 2,26,350, 12, 13, 649, 12, 768, 1, 546, 549, 14, two, 546, 15, 16, 147, 20, 17, 18, 1, 2, 1962]46ITR144(SC, 29,000/-, 3, 29,000/-, 4, 19, 20

ORG: The Rungta Sons Limited, Oriental Industrial Engineering Company Limited, Orient Batteries Limited, Construction Company Limited, Variety Engineering Works Limited, Bengal General Trading Company Limited, Managing Agency, the assessee Company, The Appellate Tribunal, Appellate, Appellate, Appellate, the Income Tax Appellate Tribunal, Counsel, follows:'(1) Subject, Oxford Dictionary ', Rogers Prath Shellac Co., State, Income Tax', the Bombay High Court, Income Tax, Managing Agents, Shipping Companies, M. S. Company, Managing Agents, the Board of Directors, the Managing Agents, the Managing Agency, the Managing Agents, Company, the Managing Agents, Board, the M. S. Company, S. Company, the Board of Directors, the N. D.S. Company, the Bombay High Court, the Managing Agents, the Bombay High Court, the Supreme Court, Shoorji Vallabh Das & Co., the Supreme Court, the Supreme Court, Income Tax, the Supreme Court, Court, the Bombay High Court, the Supreme Court, the Supreme Court, the Supreme Court, The Bombay High Court, Court, Court, Income Tax, Rupees, the Board of Directors, the Managing Company, the Board of Directors, The High Court, the Board of Directors, Lordships, the Supreme Court, Lordships, the Board of Directors, Supreme Court, Lordships, the Supreme Court, the Supreme Court, the Supreme Court, E.D. Sassoon, Co. Ltd v., Income Tax, the Supreme Court, the Managing Agency, Lordships, Directors, the 'Suspense Account', Supreme Court, Severne v. Dadswell, the Ministry of Food, the High Court, Chancery Division, Lordship, Issac Holden, Son Ltd., Woolcombers, Northern Aluminium Co. Ltd., the Excess Profit Tax, Northern Aluminium Co. Ltd., the Excess Profit Duty Act, the Supreme Court, Vide, Income Tax, Tribunal, the Supreme Court, the Managing Company, Tribunal, the Managed Company, Tribunal, Tribunal, Court

ORDINAL: 5th, 5th, first, first, first, first, secondly

GPE: Palkhivala, Bombay City v., the N. D. S. Company, Bombay City v., Commr, Bombay, Bombay City, exgratia, England, Britain, Halsbury, England

WORK_OF_ART: 4th Edition, Vol, Keeping

MONEY: 10 per cent commission, 2 1/2 per cent, 10 per cent, 10 per cent, 2 1/2 per cent commission, 10 per cent, 10 per cent, 10 per cent

PERCENT: 2 1/2 percent

LANGUAGE: English, English