Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Sorted by: recent Court: kolkata appellate Year: 2002 Page 1 of about 2 results (0.131 seconds)

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 .....

Deputy Commissioner of Income Tax Vs. I.T.C. Ltd.

Court : Income Tax Appellate Tribunal ITAT Kolkata

Reported in : (2003)85ITD162Cal

..... . seeberger in connection with the said rendering of technical services are taxable in india, being income deemed to accrue/arise in india within the meaning of section 9(1)(vii) r/w section 5(2)(b) of the it act, 1961. tax is, therefore, required to be deducted by the assessee-company from the fees payable to ..... uk), describes 'enterprise', though in the context of article vii of oecd model convention, as "an independent activity carried on for profit, distinct both from basic agricultural production and from the 'liberal' professions of an artistic, scientific or academic nature or requiring scientific and other academic training". it would thus appear that rendering of ..... to ascertain whether the payment in question was indeed subject to austrian income-tax (i.e., einkommensteuer). in case, the fees earned by mr. seeberger were subject to austrian income-tax, action of the cit(a) will be confirmed. in any other case, the order of the cit(a) will stand vacated and that of the ao will stand .....