Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Court: kolkata Page 100 of about 1,269 results (0.181 seconds)

Dinesh B. Parikh Vs. Commissioner of Income Tax, West Bengal 4

Court : Kolkata

..... the facts giving rise to filing of this appeal may be summed up thus: a) the appellant is assessed to tax under the income-tax act, and the present appeal arises out of the appellants block assessment under the act comprising the assessment years 1987-88 to 1997-98. b) on february 18, 1997, a search was conducted by the ..... 1. this appeal under section 260a of the income-tax (act) is at the instance of an assessee and is directed against an order dated july 7, 2003 passed by the income-tax appellate tribunal, c bench, kolkata, in income-tax appeal bearing ita (ss) no.5(cal) of 2001 for the block period comprising the assessment years 1987-88 to 1997-98 ..... income-tax department at the place of the business and residential premises of the appellant. in course of the said search, the .....

Ms. Dheeraj Construction and Industries Ltd. Vs. Commissioner of Incom ...

Court : Kolkata

..... findings were not based on any material unearthed on search and seizure and thus, was not liable to be assessed on the block assessment under chapter xivb of the income-tax act but should be subject to regular assessment. 4. we arrived at the aforesaid findings while answering the first question which is quoted below: i) whether sum of ..... in i.t.a. no.218 of 2001 by which this bench disposed of an appeal under section 260a of the income-tax act filed by the assessee against an order dated march 30, 2001 passed by the income-tax appellate tribunal in income- tax appeal bearing it (ss) a no.69/(cal) of 1997 for the block-period between april 1, 1985 and ..... society reported in 2003(2) chn 460 on a reference consequent to a difference of opinion between two learned single judges of this court in the cases of nowda thana agricultural marketing society (air 1979 cal 318) and anupam maity vs. vidyasagar central cooperative bank ltd (2001(2) chn 11). it appears that the attention of the division .....

Rajendra Narayan Singh Vs. Emperor

Court : Kolkata

Reported in : 18Ind.Cas.149

..... this prosecution under section 110 of the code of criminal procedure is rajendra narain singh, the petitioner, who is admittedly the owner of a zemindary yielding an income of rs. 25,000 per year, is an honorary magistrate since 1891 or 1892 and belongs to an old and respectable family having very respectable connections in ..... or disposal of stolen property; (4) habitually commits mischief and extortion by setting fire to houses, illegal seizure of property and cattle; illegal realization of marriage tax and money for the purchase of horse or for religious ceremonies and other festivities, illegal realization of fees on oil mills and such other ways, or attempts ..... and that he, by his continuous bad character, has made himself liable for prosecution under all the clauses of section 110. seventy-one specific instances of overt acts, corroborated by witnesses, have been proved, and there are 119 instances in which the sufferers only will depose to the hardships and thefts, practised on them. .....

J. Thomas and Co. Vs. Commissioner of Agricultural Income-tax, West Be ...

Court : Kolkata

Reported in : [1958]34ITR454(Cal)

..... income-tax act therefore defines agricultural income for the purpose of exempting it from tax, whereas the bengal agricultural income-tax act defines such income for the purposes of bringing it to tax. it is thus plain from the scheme of our constitution that what is as excepted as agricultural income by the indian act and what is included as agricultural income by a state act ..... of them it could not be contended that such percentage was the agricultural income of the shareholders.the definitions of agricultural income as given in the bengal agricultural income-tax act is identical given of the same income in the indian income-tax act. indeed, by reason of the division of the legislative power as ..... question of law :'whether the dividend received by the assessee as shareholders from tea companies or any part thereof is agricultural income within the meaning of the bengal agricultural income-tax act, 1944, and assessable as such ?'the assessee is a firm going by the name of j. thomas & co .....

Shethia Mining and Manufacturing Corporation Ltd. Vs. Commercial Tax O ...

Court : Kolkata

Reported in : [1977]39STC246(Cal)

..... hereinbefore on 16th january, 1974. there was a fresh certificate of incorporation in favour of coal india limited on 21st october, 1975. section 17 of the bengal finance (sales tax) act, 1941, provides as follows :17. transfer of business. where the ownership of the business of a registered dealer is transferred absolutely by sale, gift, bequest, inheritance or ..... in this connection may be placed in the cases of raghubar mandal harihar mandal v. state of bihar a.i.r. 1957 s.c. 810, commissioner of income-tax, united and central provinces v. badridas ramrai shop, akola [1937] 5 i.t.r. 170 (p.c.) and balakrishna & sons v. sales ..... fresh assessment in accordance with law after giving the petitioner reasonable opportunity. if necessary, the respondent-authority will ensure compliance under section 21a of the bengal finance (sales tax) act, 1941, of such papers and documents that may be in the possession of the coal mines authority.15. with the aforesaid direction the rule is made absolute. there .....

Star Company Ltd. Vs. Commissioner of Income-tax (Central), CalcuttA.

Court : Kolkata

Reported in : [1965]58ITR149(Cal)

..... to register, is not a company the shares of which are freely transferable to other members of the public within the meaning of section 23a(1) of the income-tax act and section 23a(1) can be applied to such a company even if the board of directors have not objected to the transfer placed before them. in this ..... necessary for deciding the instant cas :'this decision of the supreme court lays down clearly the following principle :(1) the statutory explanation to section 23a(1) of the income-tax act lays down, among the tests, the minimum interest which can be called substantial by saying that shares of the company carrying not less than 25 per cent. of the ..... whether the company can lawfully claim to be 'a company in which the public are substantially interested' within the meaning of the third proviso to section 23a of the income-tax act, 1922, before the amendment of 1955, read with the explanation to sub-section (1) of section 23a. according to this proviso the company in which the public .....

Raja Jagadish Chandra Deo Dhabal, Deb Vs. Commissioner of Income-tax, ...

Court : Kolkata

Reported in : [1962]44ITR842(Cal)

..... income was agricultural income as defined in section 2(1)(b)(i) of the income-tax act. it is also asserted by the assessee that he was assessed to agricultural income-tax on this forest income in 1944-1945 and later on a reference under the bengal agricultural income-tax act, the calcutta high court in the case reported in commissioner of agricultural income-tax ..... v. raja jagadish chandra deo dhabal deb [[1949] 17 i.t.r. 426.], held that he was rightly so assessed under the bengal agricultural income-tax act ..... must be proved by the assessee to bring himself within the meaning of agricultural income under section 2(1) of the income-tax act. nothing has been done by the assessee in that behalf. on the .....

Bidhu Bhusan Sarcar (Deceased) Vs. Commissioner of Income-tax, Calcutt ...

Court : Kolkata

Reported in : [1966]59ITR531(Cal)

..... the assessee submitted a return and claimed a deduction under the bihar agricultural income-tax act. the deduction was allowed by the income-tax officer on december 28, 1945, in respect of the assessment year 1944-45. on march 22, 1946, the income-tax officer issued a notice under section 26 of the bihar agricultural income-tax act that some agricultural income escaped assessment and thereafter a supplementary order was passed. section 26 of ..... be said to have escaped assessment. the language of section 26 of the bihar agricultural income-tax act was that if for any reason an agricultural income chargeable to agricultural income-tax escaped assessment for any definite year the agricultural income-tax officer might proceed to assess such income. the words 'any reason' were held to be of wide import to dispense with the conditions laid down in section 34 of the indian .....

Commissioner of Income-tax(Central), Calcutta Vs. Standard Vacuum Oil ...

Court : Kolkata

Reported in : [1965]57ITR384(Cal)

..... of purchasing some coffee, tea and rubber plantation, should be deducted from his gross income in computing his agricultural income under the madras plantations agricultural income-tax act. in applying section 5(e) of that act, which was worded very similarly to section 10(2)(xv) of the income-tax act, the court held that the interest paid did not savour of the nature of a ..... to be a necessary expenditure which he must incur for the purpose of his business and be covered by the wording of section 10(2)(xv) of the income-tax act.it was, however, contended on behalf of the revenue that the imposition had to be met not because of the assessees carrying on a business but by ..... for the purpose of its business is allowable as a deduction under section 10(1) or section 10(2)(xv) of the indian income-tax act, 1922.the contention of the assessee before the income-tax officer was that in order to carry on the business the company had to possesses wealth in the form of various assets and therefore .....

Jiban Krishna Roy and Another Vs. Commissioner of Agricultural Income- ...

Court : Kolkata

Reported in : [1957]31ITR611(Cal)

..... commencement of the financial, and therefore the assessment, year did not coincide. nor has there been any adaptation of the bengal agricultural income-tax act of the nature of the adaptation of the indian income-tax act made in 1937 by the government of india (adaptation of indian laws) order or even on the present occasion by the ..... case with a diminished content. in the presence case, the old province of bengal ceased to exist altogether and the question of applying the bengal agricultural income-tax act which was amended, not at the beginning but at the middle or towards the end of the assessment year, presents a problem quite different from that ..... to have been overlooked. the 'practice' or 'working arrangement' referred to by the lawyer member is authorized by working in the general agricultural income-tax act. besides that the agreement does not include agricultural income. i do not see, for the reasons i have just stated, how any support could be derived from it for what the learned .....