Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Sorted by: recent Court: kolkata appellate Page 1 of about 80 results (0.194 seconds)

Baidyanath Ray Vs. Smt. Suvra Ray Nee HazrA.

Court : Kolkata Appellate

..... no counter evidence on behalf of the wife that the husband has any other income beside this income. it is not shown to the court what is the amount of income of the husband from his agricultural land. in absence of any evidence contrary to what has been shown at ..... that the wife has claimed that the husband/petitioner earns rs.10,000/- per month from his service and that beside the above income, he has landed properties and thus, he earns a lot of money. for that reason, she claimed maintenance to the extent of ..... nominal amount of rs.5,850/- per month out of which he has to deduct rs.630/- as p.f. and p. tax of rs.45/- and thus, the husband gets a net amount of rs.5,175/- as his salary. the learned advocate has ..... court, barrackpore in matrimonial suit no.649 of 2008. the husband/petitioner filed the said suit under section 13 of the hindu marriage act before the learned district judge, north 24 parganas at barasat. that suit was transferred to the learned fast track first court at barrackpore .....

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 ( .....

Asian Exports Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2007)110TTJ(Kol.)152

..... fishes are animate creature viz. ornamental fishes can be called as an article or thing within the meaning of section 10b of the it act, 1961. the cit(a) has also rejected the plea of the assessee that it was given license as a 100 per cent export oriented undertaking by ..... refrigeration, remaking, polishing, labelling, reconditioning, repair, remaking, refurbishing, testing, calibration, re-engineering. manufacture for the purpose of this policy, shall also include agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture and viticulture". the learned counsel has pointed out that from the above definition of the word ..... (ker) 316 : (1996) 217 itr 129 (ker).15. in his rival submission, the learned departmental representative relied fully on the order of tax authorities. rebutting the contention of the learned authorised representative of the assessee, it has been pleaded by learned departmental representative that the issue involved in this .....

Al-haz Amir Hasan Properties (P) Vs. Asst. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2006)100ITD441Cal

..... order passed under section 263 dated 2.12.2004 observed that in my opinion, once the deduction under section 24 of the income tax act is fully allowed to the assessee company from the rental income, the extra expenses for repairs and maintenance etc. are not allowable. from the fair reading of the above, we find that ..... direction setting aside the assessment be not passed to the assessing officer.the ld. cit after considering the assessee's submission held that once deduction under section 24 of the income tax act is fully allowed to the assessee company from the rental income, the extra expenses for repairs and maintenance etc. are not allowable and accordingly, ..... to be exempt had actually been earned by him or not and further, whether the entire amount of income from agriculture and poultry farming was exempt from tax. the cit had rightly initiated proceeding under section 263 of the i.t. act, 1961 as exemption had been granted without application of mind.13. in karnani properties ltd. v .....

Murlidhar Kanoi Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2005)93ITD615(Kol.)

..... (other than a h.u.f., a company or a firm) which in the relevant previous year has either no income chargeable to tax under the income tax act or has total income not exceeding the maximum amount not chargeable to tax, but has any agricultural income, then, the agricultural income or loss of the association of persons or body of individuals shall be computed in accordance with the rules contained ..... we find it appropriate to refer provisions related to the rules for computation of net agricultural income as laid down in annual finance acts. there is no doubt that net agricultural income is entirely exempt from tax under the income tax act; but under the provisions of the finance act, 1973 and the subsequent finance acts the agricultural income has to be taken into account for the purpose of determining the rate of .....

R.R. Sen and Brothers Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2005)95TTJ(Kol.)398

..... support of the contention that foreign currency notes are to be treated as goods for the purpose of allowing the deduction under section 80hhc of the act. 5. for that the learned cit(a) erred in fact as well as in law in upholding the disallowance of 5 per cent of (1) tea and tiffin expenses and ..... qualify for deduction under section 80hhc. according to learned counsel, if the construction as put forward by the ao is to be accepted, then export of primary agricultural product or primary mineral goods would not be covered by section 80hhc.actually, section 80hhc may not cover some of such products which are barred by schedule ..... the assessee had made export earnings in dollars in convertible foreign exchange, the assessee should be considered to be entitled to deduction under section 80hhc of the it act.10. learned departmental representative relied upon the orders of the authorities below. he also submitted that foreign currencies were neither goods or merchandise nor were they manufactured .....

Duncans Industries Ltd. Vs. Joint Commissioner of Income-tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2003)87ITD457(Kol.)

..... at the time of assessment under the provisions of agricultural income-tax act of the relevant state. it would thus be relevant to refer to the bengal agricultural income-tax act, 1944 which reads as under:- 8. computation of tax on mixed incomes - (1) in the case of income which is partially agricultural income assessable under this act and partially income chargeable under the [head of income "business" or "profits and gains of business or profession ..... ", as the case may be, under the enactments relating to indian income tax], agricultural income-tax shall be payable by an assessee .....

Joint Commissioner of Income-tax Vs. Haldia Investment Co. Ltd.

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2003)85ITD212Cal

1. this appeal by the revenue for the assessment year 1997-98 is directed against the order dated 28-12-2000 of cit(a)-xii, kolkata and the only dispute is relating to application of explanation to section 73 of the income-tax act, 1961 and, accordingly, entitlement of set-off of carry forward loss of rs. 69,20,855 claimed by the assessee. rival ..... chapter via. as per the prescribed form of return of income, the income from various heads is to be disclosed and the sum total of the income from various sources will constitute the gross total income. thereafter deductions under chapter via are to be reduced in order to find out the total income which is taxable. agricultural income is to be shown separately and, therefore, this may .....

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 .....