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Sep 12 1959

Commissioner of Income-tax, Central, Bombay Vs. Indore Malwa United Mi ...

Court : Mumbai

Decided on : Sep-12-1959

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 4(1)

Reported in : [1960]39ITR438(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

Shah, J. 1. The dispute in this reference relates to assessment years 1943-44, 1944-45, 1945-46, 1946-47, 1947-48, and 1948-49. The assessee is a limited company having offices at Bombay and Indore, and has a factory for...

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Apr 26 1960

Commissioner of Income-tax, Bombay South Vs. N.T. Patwardhan

Court : Mumbai

Decided on : Apr-26-1960

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 10

Reported in : [1961]41ITR313(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

V.S. Desai, J.1. In this reference, which the Tribunal has made to us under section 66 (1) of the Indian Income-tax Act, the point in dispute is whether the receipt of the sale proceeds of the...

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Oct 03 1958

Commissioner of Income-tax, Bombay City-i Vs. Gaekwar Foam and Rubber ...

Court : Mumbai

Decided on : Oct-03-1958

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 15C, 80J and 84

Reported in : [1959]35ITR662(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

S.T. Desai, J.1. A short but interesting question of construction of section 15C of the Income-tax Act arises for our determination on this reference, which comes before us at the instance of the Commissioner of Income-tax,...

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Sep 23 1957

Commissioner of Income-tax, Bombay City I Vs. Chugandas and Co. (Secur ...

Court : Mumbai

Decided on : Sep-23-1957

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 10 and 25(3); Income Tax Act, 1918

Reported in : AIR1960Bom109; [1960]38ITR241(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

Tendolkar, J.1. The question referred to this court upon this reference is : 'Whether on the facts and circumstances of the case interest received on securities held by the assessee formed part of the assessee's business...

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Jul 03 1959

Commissioner of Income-tax, Bombay Vs. Purshottamdas Thakurdas

Court : Mumbai

Decided on : Jul-03-1959

Subject : Direct Taxation

Acts : Income-tax Act, 1922 - Sections 18, 18A, 18A(2), 18(5) and 18(6)

Reported in : (1959)61BOMLR1521

Advocate for Appellant : G.N. Joshi and ;R.J. Joshi, Advs.

Shah, J. (1) The assessee has a large divided income beside income from securities, property, business and other sources. By notice under section 18A (1) of the Income-tax Act the assessee was called upon to make...

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Oct 01 1958

Commissioner of Income-tax, Bombay City I Vs. Shoorji Vallabhdas and C ...

Court : Mumbai

Decided on : Oct-01-1958

Subject : Direct Taxation

Acts : Indian Income-tax Act, 1922 - Sections 10(2)

Reported in : [1959]36ITR25(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

S.T. Desai, J. 1. This reference raises a question of some difficulty and importance and the income in dispute relates to managing agency commission. In the matter out of which it arises there was a difference...

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Oct 28 1958

Commissioner of Income-tax, Bombay City I Vs. Indo-aden Salt Works Co.

Court : Mumbai

Decided on : Oct-28-1958

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 25(4) and 31

Reported in : [1959]36ITR429(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

S.T. Desai, J.1. A very unusual question arises for our determination on this reference and ultimately the question is whether the Tribunal in the order which is before us has stated what it meant or has...

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Mar 03 1959

Commissioner of Income-tax, Bombay City I Vs. Purshottamdas Thakurdas

Court : Mumbai

Decided on : Mar-03-1959

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 18, 18A(1), 18A(2) and 18A(6)

Reported in : AIR1960Bom347; [1960]38ITR462(Bom)

Advocate for Appellant : G.N. Joshi, Adv.

Shah, J.1. The assessee has a large dividend income besides income from securities, property, business and other sources. By notice under section 18A(11) of the Income-tax Act the assessee was called upon to make advance payment...

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Oct 22 1964

Commissioner of Income-tax, Gujarat Vs. Bai Vina

Court : Gujarat

Decided on : Oct-22-1964

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 2(6A), 10(I) and 10(2)

Reported in : (1965)0GLR583; [1965]58ITR100(Guj)

Advocate for Appellant : G.N. Joshi, Adv.

Bhagwati, J.1. An interesting question of construction of section 2(6A)(c) of the Income-tax Act arises on this reference. The reference relates to the assessment of the assessee, an individual, for the assessment year 1956-57, the corresponding...

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Apr 02 1960

H.M. Kashiparekh and Co. Ltd. Vs. Commissioner of Income-tax, Bombay N ...

Court : Mumbai

Decided on : Apr-02-1960

Subject : Direct Taxation

Acts : Income-tax Act, 1922 - Sections 10(2), 33-B1 and 34

Reported in : AIR1961Bom84

Advocate for Appellant : N.A. Palkhiwalla and ;S.B. Kher, Advs., ;i/b., Manilal Kher Ambalal and Co.

S.T. Desai, J.1. This Reference raises a question of some importance and the income under assessment relates to managing agency commission. It is a trite saying that income-tax is not and cannot be cast on logical...

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