Kolkata Court October 1975 Judgments
Bengal Potteries Ltd. and anr. Vs. M.R.T.P. Commission and ors.
Court: Kolkata
Decided on: Oct-03-1975
Reported in: [1975]45CompCas697(Cal)
Amiya Kumar Mookerji, J. 1. This rule is directed against two orders dated July 18, 1974, and September 6, 1974, by which the Monopolies and Restrictive Trade Practices Commission adjourned the hearing of the petitioners' application dated 11th March, 1974, and refused to raise preliminary issues Nos. 5 and 6.2. Petitioner No. 1 is an existing company, incorporated under the Indian Companies Act, 1913. Since 1966, petitioner No. 2 carries on business as sole selling agent of the petitioner No. 1. By an agreement dated April 1, 1971, petitioner No. 2 was reappointed as sole selling agent for a further period of five years. On June 1, 1970, the Monopolies and Restrictive Trade Practices Act, 1969 (hereinafter referred to as ' the said Act '), was brought into force. On 1st August, 1970, the Central Government established the Monopolies and Restrictive Trade Practices Commission (hereinafter referred to as 'the Commission'). On 30th August, 1972, respondent No. 6, Registrar of Restrictive...
Tag this Judgment!Commissioner of Income-tax Vs. Dunlop Rubber Co. (i) Ltd.
Court: Kolkata
Decided on: Oct-03-1975
Reported in: [1977]107ITR182(Cal)
Hazra, J.1. This is a reference by the Income-tax Appellate Tribunal under Section 256(1) of the Income-tax Act, 1961, to this court on the application of the Commissioner of Income-tax, West Bengal-I, Calcutta, made on June 13, 1969.2. The assessee, Dunlop Rubber Co. (India) Ltd., is a well-known manufacturer of rubber tyres, tubes, etc., in this country with its factory at Shahganj in West Bengal. It set up another factory, a completely new unit at Ambattur, near Madras, during the accounting years 1957 and 1958.3. For the assessment year 1963-64, the calendar year 1962 being the previous year, the assessee for the first time claimed exemption or relief under Sections 84 and 101 of the Income-tax Act, 1961, hereinafter called the Act. The assessee wrote to the Income-tax Officer on May 24, 1966, as follows:'We file herewith our revised returns for the assessment year 1963-64, in terms of the provisions of Sub-section (5) of Section 139 of the Income-tax Act, 1961. This is as a result...
Tag this Judgment!Commissioner of Income-tax Vs. Shree Ganesh Jute Mills Ltd.
Court: Kolkata
Decided on: Oct-01-1975
Reported in: [1977]109ITR562(Cal)
Deb, J.1. The following question of law is involved in this reference under Section 66(1) of the Indian Income-tax Act, 1922 :'Whether, on the facts and in the circumstances of the case, the Tribunal Was right in holding that in the appeals preferred by the assessee against the fresh, assessments made according to the directions of the Appellate Assistant Commissioner, the assessee could be allowed to raise a new. ground which had not been raised in the appeals filed against the original assessments which had been set aside by the Appellate Assistant Commissioner in respect of the assessment years 1948-49, 1949-50 and 1950-51 ?'2. The assessee is a jute milling company. Its accounting year ends on 31st March each year. The original assessments were made on February 11, 1953, January 3, 1964, and December 30, 1964, respectively, for the aforesaid three years, but those orders were set aside on appeal with a direction on the Income-tax Officer to make fresh assessments and accordingly he...
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