Commissioner of Income-tax Vs. Calcutta Tramways Co. Ltd.

Decided On : Mar-19-1976

Court : Kolkata

LAW: Section 256(1, Section 34(3)read with Section 33-, Section 34(3, Section 33, Section 34, Section 32, Section 33, Section 32, Section 33, Section 34(3)(a, Section 34(3)(a, the Indian Finance Act, Section 34(3)(a, the Calcutta Tramways Act, the Calcutta Tramways Act, Section 33, Section 34(3)(a, Section 33, Section 34(3)(a, Section 155, Section 17, Section 10(2)(vib, Section 34(3)(a, Section 17, Section 10(2)(vib, Section 10(2)(vib, Section 10(2)(vib, Section 17, the Banking Companies Act, Section 10(2)(vib, Section 17, Section 17, the Indian Finance Act, Section 34(3)(a, Section 155(5, Section 34(3)(a, Section 34(3)(a

NORP: J.1, Indian, Indian, Indian, Indian

DATE: 1961, 31st December, 1961, 1961, '34, previous year, a period of, eight years, previous year, 30th August, 1951, August 31, 1951, 1958, 1970]77ITR512(SC, 1951, August 30, 1951, 4(1, ' 4, each accounting year, each accounting year, a period of, eight years, eight years, eight years, eight years, 1970]77ITR512(SC, 1949, 1922, 1961, 1949, 1922, '10, 1949, each year, '12, each year, the year 1960-61, 1958, allowed.14, year 1960-61, the 12 months, the year 1960-61, that year, 1960, Section 34(3)(a

CARDINAL: 9,473, 2, 1, 1, seventy-five, 3, seventy-five, 2,71,456Less, 9,473, 98,017, 1816, 35, 1, 87,457, 2, two, 87,457, 87,457, seventy-five, only two, two, 3)(a)(i, 514, 9, 1,37,836, 514, 514thus, two, one, 9,473, 9,473, seventy-five, 9,473, 184, seventy-five, 9,473, 9,473, 9,473, 53,252, 51,246, only 2,006, 51,246, 53,252, 2,69,450, 2,006, 9,473, 1816, 35, 9,473, 9,473, 9,473, 9,473

GPE: India, India, United Kingdom, India, India, India, India, India

ORG: the Calcutta Tramways Company Ltd., Dev., Reserve, Reliance, Indian Overseas Bank, Devaynes, Clause 4(1, the First Schedule, the Calcutta Tramways Company, the Government of the State of West Bengal, Clause 4(1, Renewal and Replacement Reserve Account, Government, Government, the Government of West Bengal, the development reserve, Indian Overseas Bank, the Supreme Court, The Supreme Court, The Supreme Court, Supreme Court, the development reserve, the Shorter Oxford Dictionary, Metal Box Company of, The Supreme Court, Devaynes

PERSON: Rebate Reserve, Balai Pal, Ginwalla, Clayton, Pal, Pal, Ginwalla, Pal, Pal, Pal, Hegde J., Pal, William Pickles, 3rd Ed, Sengupta, Pal, Pal, Pal, Pal, Pal, Ginwalla, Clayton, S.K. Mukherjee

ORDINAL: Firstly, Secondly, Thirdly, Fourthly, Fifthly, Firstly, Secondly, second, first, first

QUANTITY: eighty thousand pound

MONEY: four per cent

PERCENT: less than 20%

WORK_OF_ART: Their Workmen : (

PRODUCT: Shareholders