Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Court: kolkata Page 9 of about 1,269 results (0.160 seconds)

Commissioner of Income-tax Vs. Pixray (India) Ltd. (Formerly Picker X- ...

Court : Kolkata

Reported in : [1993]201ITR785(Cal)

..... circumstances of the case, the tribunal was correct in holding that, for the purpose of calculation of interest payable to the assessee under section 214 of the income-tax act, 1961, the order passed by the income-tax officer in pursuance of the appellate order revising the original assessment constituted 'regular assessment' ?'2. briefly, the facts leading to the question are as under :the assessee ..... shadilal sugar and general mills ltd. v. union of india : [1972]85itr363(all) ; lala laxmipat singhania v. cit : [1977]110itr289(all) ; devaki amma (n.) v. ito : [1980]122itr272(ker) ; national agricultural cooperative marketing federation of india ltd. v. union of india : [1981]130itr928(delhi) ; cit v. rohtak delhi transport p. ltd. ; trustees of h. e. h. nizam's religious endowment trust v. ito .....

Murat Viniyog Ltd. Vs. Registrar of Assurances, Calcutta and ors.

Court : Kolkata

Reported in : AIR1989Cal65,92CWN746,[1989]176ITR89(Cal)

..... made satisfactory provision for payment of all existing liabilities under this act, the excess profits tax act, 1940 (15 of 1940), the business profits tax act, 1947 (21 of 1947), the income-tax act, 1922 (11 of 1922), the wealth-tax act, 1957 (27 of 1957) the expenditure-tax act, 1957 (29 of 1957) the gift-tax act, 1958 (18 of 1958), the super profits tax act, 1963 (14 of 1963) and the companies (profits) surtax ..... in the sense that it requires not only the income tax clearance certificate from the i.-t. o. but also prescribes an interdict to the registering authority not to register any documents which purport to transfer, assign, limit or extinguish the right, title or interest of any person to or in any property including agricultural land the value of which exceeds 50,000 .....

Mahafuja Banu Vs. Md. Asadul Islam and State

Court : Kolkata

..... lahore high court on 12th january, 1926 and 1st april, 1926 respectively under the provisions of the income tax act 1922. there was no further right to appeal. on 1st april 1926 section 66a was inserted by an amendment to the indian income tax act, 1922 by which provision for an appeal to the privy council was introduced for the first time. ..... of any right subsequently conferred? reference in this regard may be made to the judgment in the case of delhi cloth and general mills company, limited vs. the income tax commissioner, delhi and another reported in air 1927 pc 242. this judgment was cited by mr. moitra, learned counsel appearing for the accused-respondent. in that case ..... a displaced person from lahore, was the owner of a house at lahore known as 5, danepur road, she exchanged her said house with 766 bighas of agricultural land in a village called punjab khore within the state of delhi which belonged to malik sarfiroz khan noor of west pakistan. after an order confirming the exchange .....

Bhupati Bhusan Dalal Vs. Registrar of the Original Side

Court : Kolkata

Reported in : AIR1971Cal519

..... 'appellate side'.provided that in the matter of applications marked 'original side' as aforesaid but relating to industrial tribunals or the corporation of calcutta or income-tax or agricultural income-tax authorities or tribunals, advocates, not entitled to practise on the original side and advocates, so entitled under chapter 1. rule 2 (iii), (iv ..... ) and (vi) of the original side rules, and attorneys shall be entitled to appear and act.'26. it may not be illegitimate to say that ..... was the successor of the sudder courts, where different practices as to advocates and attorneys, as aforesaid, prevailed. (b) legal practitioners act, 1879. -- the legal practitioners act 1879, which was a consolidating and amending law relating to legal practitioners, maintained the foregoing position by declaring, in section 4, inter .....

In the Matter of : Babu Brojendra Kishore Roy Chaudhury.

Court : Kolkata

Reported in : [1942]10ITR419(Cal)

..... be deemed to be the sum realised in the previous agricultural year on account of agricultural income mentioned in the said sub-clause (1) after making the following deductions ..... court.the question asked was - does the phrase 'accrued due in the previous agricultural year' in clause (c) of section 7 include arrear as well as current dues ?section 7 of the assam agricultural income-tax act of 1939 provides :'the agricultural income mentioned in sub-clause (1) of clause (a) of section 2 shall ..... sum equal to 15 per cent. of the total amount of the rent which accrued due in the previous agricultural year, in respect of the charges for collecting the same'.the member of the board of agricultural income-tax for assam, mr. higgins, has answered the question as follows :'i would submit that the answer to the .....

Commissioner of Income Tax, Kolkata Ii Vs. M/S Moran Tea Co. Ltd.

Court : Kolkata

..... itr609wherein it was held that the deduction on cess paid on green tea leaves has to be allowed on 100 per cent, of the composite income under the income-tax act, 1961, and not on 60 per cent, of the agricultural income. to be precise the court in jorehaut group (supra) observed as follows: cess on green tea leaves shall be allowed on 100 per cent ..... , composite income under the income tax act, 1961, before applying rule 8 of the income tax rules. in that view of the matter, the question of law formulated is answered in the affirmative and .....

income-tax Officer Vs. Kenaram Saha and Subhash Saha and

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2008)301ITR171(Kol.)

..... of law". admittedly, the central government enjoys the constitutional right to levy tax on income. the income-tax act also provides the levy of tax upon the income of the assessee. however, such income has to be computed in accordance with the provisions prescribed under the income-tax act which includes the disallowance under certain circumstances. the issue of constitutional validity ..... the allahabad high court held as under (headnote): the idea in enacting clause (f) of rule 6dd of the income-tax rules, 1962, was that since the cultivators, growers or producers of agricultural or forest produce, produce of animal husbandry, fish or fish products are mostly residents of rural areas not used to ..... subsidiary bank as defined in section 2 of the state bank of india (subsidiary banks) act, 1959 (38 of 1959) ; (iv) any primary agricultural credit society as defined in clause (cii) of section 2 of the reserve bank of india act, 1934 (2 of 1934), or any primary credit society as defined in clause ( .....

Camellia Tea Group Pvt. Ltd. Vs. Commissioner of Income-tax

Court : Kolkata

Reported in : [1993]203ITR80(Cal)

..... in that view of the matter we are of the opinion that the sum received from the insurance company represented nothing but agricultural income and as such exempt under section 4(3)(viii) of the indian income-tax act, 1922.'7. in our opinion, the principles laid down in the aforesaid decision will apply to the facts of this case ..... . the entire receipt under the insurance policy for damage caused by the hailstorm to the growing tea leaves will be assessable as agricultural income and no part of the said income can be apportioned ..... under rule 8 of the income-tax rules, 1962.8. for the reasons aforesaid, we answer this question in the reference in the negative and in .....

Commissioner of Income-tax Vs. Kanan Devan Hills Produce Company Ltd.

Court : Kolkata

Reported in : [1993]200ITR453(Cal)

..... the kerala high court in the case of state of kerala v. karimtharuvi tea estate ltd. : [1964]51itr129(ker) , that was a case under the kerala agricultural income-tax act. the question was whether the amount realised from sale as firewood of old and useless gravelia trees grown and maintained in the tea gardens for the purpose of affording ..... a question of fact. by virtue of the provisions of section 10(1) of the income-tax act, the agricultural income cannot be taken into account in computing the total income of an assessee of any previous year. 'agricultural income' has been defined in section 2(1) of the income-tax act. clauses (a) and (b) of sub-section (1) of section 2 are material ..... . in my judgment, the amount of rs. 4,80,744 derived from sale of timber in the instant case was agricultural income and was not assessable under the income-tax act, 1961. under the circumstances, it is not necessary to express any opinion on whether the amount could be treated as capital gain or not.20. .....

Commissioner of Agricultural Income-tax, West Bengal Vs. Molla Md. Abd ...

Court : Kolkata

Reported in : [1952]22ITR214(Cal)

chakravartti, j. - this is reference under section 63(1) of the bengal agricultural income-tax act by which the agricultural income-tax appellate tribunal, west bengal, has submitted for the opinion of this court at the instance of the commissioner the following question of law :-'whether on the facts and in the ..... value of the services rendered by the halsanas. in other words his contention was that the agricultural income which the landlord derived from these 60 acres of land was either 'income derived from the land by agriculture' within the meaning of section 2(1)(b) of the act or rent or revenue derived from the land within the meaning of section 2(1)(a).now ..... it seems to me that whether the alleged income in the present case is considered from the point of view of either section 2(1)(a) or section 2(1)(b), the primary requirement if it is to be treated as agricultural income is that .....