Delhi Court September 1983 Judgments
Home Cases Delhi 1983 Page 8 of about 72 results (0.029 seconds)Additional Commissioner of Income-tax, Delhi Vs. Om Oils and Oil Seeds ...
Court: Delhi
Reported in: [1985]57CompCas592(Delhi); [1985]552ITR152(Delhi)
Chadha, J. 1. These three references under s. 256(1) of the I.T.Act, 1961 (hereinafter referred to as 'the Act'), raise the following question of law of the opinion of this court : 'Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the premium on issue of shares amounting to RS. 24,000 in 1967-68, Rs. 83,000 in 1968-69 and Rs. 12,000 in 1969-70 assessment year was not a revenue receipt includible in the total income of the company ?' 2. The facts are these. The three assessment years under reference are 1967-68, 1968-69 and 1969-70 of which the relevant previous years are the years ending September 30, 1966, September 30, 1967, and September 30, 1968, respectively. The assessed had 136 unissued equity shares of the face value of Rs. 500 each. By a resolution No. 25/64 dated January 30, 1965, the board of directors of the assessed resolved that the unissued equity shares of the company of Rs. 500 each be thereafter issued at a premium of ...
Tag this Judgment!Delhi Transport Corporation Vs. Prem Devi Pandey Etc.
Court: Delhi
Reported in: 1984(6)DRJ273
Charanjit Talwar, J.(1) The Delhi Transport Corporation) which is the successor of Delhi Transport Undertaking, has filed this appeal under clause 10 of the Letters Patent seeking setting aside of the judgment passed by a learned Single Judge on 28th May, 1976, in F.A.O. No. 94 of 1973, whereby the quantum of damages awarded to the legal representatives of Shri RamPartap Pandey, by the Motor Accident Claims Tribunal, was increased from Rs. 22,717.00 to Rs. 95,000.00 .(2) The facts are not disputed. Ram Partap Pandey died as a result of a motor vehicle accident on 10th November, 1967, at 5.15 P.M. on Prithvi Raj Road, New Delhi. The bus which was involved in the accident, belonged to the Delhi Transport Undertaking. It was being driven by Shri Dayal Singh. The parents, widow and five daughters of the. deceased filed an application under Section 110-A of the Motor Vehicles Act for an award of sum of rupees two lacs as compensation. The Tribunal, however, awarded a total sum of Rs. 22,717...
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