Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Court: kolkata Page 10 of about 1,269 results (0.121 seconds)

Commissioner of Income-tax Vs. Anil Kumar Roy Chowdhury and ors.

Court : Kolkata

Reported in : [1971]81ITR207(Cal)

..... no dispute with regard to the quantum determined. by the amendment of the definition of ' agricultural income ' made in the year 1950 such income accruing in a foreign country is taxable under the indian income-tax act. the assessee did not include that income in its return. the income-tax officer assessed that income besides certain others with which this reference is not concerned, in thehands of the assessee. in ..... held by this court in kumar jagdish ckandra sinha v. commissioner of income-tax, [1955] 28 i.t.r. 732 (cal.). and rai sudhindra nath choudhury v. commissioner of income-tax, [1956] 29 i.t.r. 551 (cal.)., to be not agricultural income within the meaning of section 4(3)(viii) of the indian income-tax act, 1922, and, therefore, following these decisions of the bench, the tribunal held .....

RahimuddIn Ahammad Vs. State of West Bengal

Court : Kolkata

Reported in : AIR1959Cal753

..... province of (undivided) bengal as per order of the assistant commissioner dated 15th june, 1946, under section 47(2) of the bengal agricultural income-tax act, 1944, and that under article 9 (b) of the indian independence (rights, property and liabilities) order, 1947 made under the indian independence ..... the applicant is chargeable directly to tax, or if he is not chargeable directly to tax, to the agricultural income-tax officer of the district or area ..... an application under rule 17 of the bengal agricultural income-tax rules, 1944, the relevant portion of which i quote below :'17 (1) an application for refund of tax under the act shall be made as follows :-- (a) if the applicant ordinarily resides in west bengal, to the agricultural income-tax officer of the district or area in which .....

Commissioner of Agricultural Income-tax, West Bengal Vs. Annapurna Far ...

Court : Kolkata

Reported in : [1962]44ITR640(Cal)

..... the revenue account and the balance sheet under clause (9) of section 7 of the bengal agricultural income-tax act in respect of agricultural income from agriculture referred to in sub-clause (b) of clause (1) of section 2. income under the head is derived not only from till age and the performance of processes employed to ..... section 7 lays down the method of computation of agricultural income from agriculture, referred to in clause (b) of sub-section (1) for section 2 of the bengal agricultural income-tax act. clause (b) of sub-section (1) of section 2 contemplates three kinds of agricultural income : (i) from agriculture (ii) income by the performance of any process ordinarily employed ..... of profit and loss account or of the balance-sheet are, in my opinion, incidental to the deriving of income and they are an admissible deduction under section 7 (9) of the bengal agricultural income-tax act.for the reasons given above, i would also answer question no. (iii) in the affirmative.the assessee .....

Bishnauth Tea Co. Ltd. and Stewart Vs. Joint Commissioner of Income Ta ...

Court : Income Tax Appellate Tribunal ITAT Kolkata

..... said decision/ratio cannot have any bearing on allowability of green leaf cess paid under central income-tax assessment. while coming to its decision with reference to agricultural income-tax, the court never held that the expenditure is not allowable in computing income under the central act. the decision, therefore, cannot be applied in the present case. the ratio of (sic) judgment is to be applied only ..... application of rule 8 of the it rules, 1962 (the central 'rules'), the 40 per cent being subject to central income-tax under the it act (the "central act") and the balance 60 per cent to assam agrl. it under the assam agrl. it act, 1939 (the "agricultural act").the appellants had claimed the said cess paid during the relevant previous year as a deductible expenditure under the central .....

Bishnautha Tea Co. Ltd. Vs. Joint Cit

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2002)77TTJ(Kol.)45

..... , 1962 (hereinafter referred to as the 'central rules'), the 40 per cent being subject to central income-tax under the income tax act (hereinafter referred to as the "central act") and the balance 60 per cent to assam agricultural income-tax under the assam agricultural income tax act, 1939 (hereinafter referred to as the "agricultural act").the appellants had claimed the said cess paid during the relevant previous year as a deductible expenditure under the ..... central act. the assessing officer had allowed the deduction in determining the composite income from growing, manufacturing and sale .....

Kumar Jagadish Chandra Sinha Vs. Commissioner of Income-tax, West Beng ...

Court : Kolkata

Reported in : AIR1956Cal48,[1955]28ITR732(Cal)

..... and collected by the officers of the government.the reason so given was not accurately expressed, because even after the partition, the definition of 'agricultural income' in the indian income-tax act continued to speak of 'british india' till 1950 when, for the first time, the expression 'the taxable territories' was introduced.the meaning ..... the definition of 'british india' introduced by the india (adaptation of income-tax, profits tax and revenue recovery acts) order, 1947.to quote the relevant part of the definition of 'agricultural income' contained in section 2 1. a. of the income-tax act, it says that such income means 'any rent or revenue derived from land which ... is ..... with reference to the assessment year 1949-50:'whether the inter-dominion agreement of december. 1947, drawn up under section 49aa, income-tax act, is applicable to rs. 56,673/, income from agricultural lands situated in pakistan.'8. the reference relating to the accounting year 1948-49 is reference no. 54 of 1954. .....

Tea Estates India Private Ltd. Vs. Commissioner of Wealth Tax

Court : Kolkata

Reported in : AIR1966Cal9,69CWN428,[1966]59ITR428(Cal)

..... 'agriculture' 'agricultural income' 'agricultural purpose' and other allied terms. those cases no doubt throw new light to various aspects of the terms 'agriculture, 'agricultural income and 'agricultural purpose, yet in view of the fact the words ..... any valuable plants or trees or for any other purposes of husbandry.'our attention has been drawn to commissioner of income-tax west bengal v. raja benoy kumar sahas roy : [1957]32itr466(sc) where justice bhagwati in construing 'agricultural income' under section 2(1) of the income-tax act 1922, has discussed large number of english and indian cases dwelling on the meanings attributable to the words .....

Kanan Devan Hills Produce Co. Ltd. Vs. Commissioner of Wealth-tax, Cal ...

Court : Kolkata

Reported in : AIR1968Cal298,[1968]67ITR823(Cal)

..... (1)(c) of the indian income-tax act, which defines 'agricultural income' and section 4(3)(viii) which exempts agricultural income from the computation of income-tax. section (2)(1)(c) is almost in pari materia with section 2(e)(ii) of the weatlth tax act and reads as follows:'2 (1). agricultural income means - (a) * * * * (b) * * * * (c) any income derived from any building owned and ..... .23. dr. pal argued that the use of the word 'owned' inserted between the words 'his' and 'residence' in section 9(2) proviso of the indian income tax act may justify the conclusion, which lort-williams. j. arrived at in the case of calcutta stock exchange ltd. case : [1935]3itr105(cal) (supra) but in the ..... it resides for the purpose of carrying on business 'and it cannot reside apart from carrying on business.' thus in both sections 4 and 42 of the indian income-tax act, it is clear that the word 'reside' is only used in connection with the carrying on of a business and not otherwise.' (underlined (here in ' .....

Sm. Suhashini Karuri and Anr. Vs. Wealth Tax Officer, 'D' Ward and Anr ...

Court : Kolkata

Reported in : AIR1962Cal295,66CWN176,[1962]46ITR953(Cal)

..... of the word 'person' in the charging section. section 3 of the agricultural income-tax act madethe tax payable on the total agricultural income of the previous year of every 'person'. the word 'person' is defined in section 2 (11) of the agricultural income-tax act to mean an individual or an association of individuals owning or holding property ..... at the relevant time, 7 of the said annuitants had died. anotice of assessment of agricultural income-tax was issued to the trustees for the year 1949-50. the trustees claimed that the assessment of agricultural income-tax under the u. p. agricultural income-tax act, 1948, should be made as provided for in section 11 (1) thereof and ..... wealth on the corresponding valuation date, of every individual hindu undivided family and company. however, as was pointed out by bhagwati, j., under the agricultural income-tax act a 'person' included an individual. a trustee was a 'person'. the learned judge explained the section thus:-'it is to be noted that the .....

The English and Scottish Joint Co-operative Wholesale Society Ltd. Vs. ...

Court : Kolkata

Reported in : [1945]13ITR295(Cal)

gentle, j. - this is a reference by a member of the board of agricultural income-tax, assam, pursuant to section 28 (1) of the assam agricultural income-tax act, 1939 (hereinafter called 'the assam act'), and is with regard to the english and scottish joint co-operative wholesale society ltd. (hereinafter called 'the society'). the question which this courts is required to answer is :'whether ..... the society is chargeable to assam agricultural income-tax in respect of the cultivation and/or manufacture of tea at .....