Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17 income tax authotities Sorted by: recent Court: kolkata Page 3 of about 1,269 results (0.182 seconds)

Jai Hind Pvt. Ltd. Vs. State of West Bengal and Others

Court : Kolkata

..... from 1951 upto now is also evident from the certificate dated 12th octo. 1979 issued by the concerned agricultural income tax officer as well as from the audited annual balance sheets and profit and loss accounts, schedule of fixed assets along with auditors certificates for all the years starting from 1951 ..... homestead land measuring 0.29 acrs and pond measuring 8.52 acres may also be reviewed for exemption under section 6 (1) (a) act and 6 (1) (e) of the wbea act. however 19.62 acres of agricultural land will be vested to the state. these are scattered plots all over the whole area, the company may be given option to earmark 19 ..... x 25 acres = 575 acres of agri land against which the company intends to retain only 205.57 acres of agri. land as per relevant sections of the wbea act and wblr act. therefore it is hereby ordered that :- that m/s. jai hind pvt. limited is entitled for relief and exemption from vesting under section 6 (1) (j) read with section .....

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

Court : Kolkata

..... 2) whether the learned tribunal below committed substantial error of law in holding that the assessee was entitled to deduction under section 80 1a of the income-tax act 1961 on 100% of the profit of the power undertaking at bhadrachalam where the said undertaking commenced operation in the financial year 1997-98. 3) ..... whether the learned tribunal below committed substantial error of law in holding that the income of rs.65,55,048/- from sale of clonal plants, coconut, sugarcane, etc. are agrricultural 2 income exempted under section 10(1) of the income-tax act, 1961. 4) whether the learned tribunal below committed substantial error of law in holding ..... that the amendment brought by the finance act, 2008 in the form of explanation 3 to section 2(1a) with effect .....

Commissioner of Income Tax, Vs. M/S.A.F.T.industries Ltd

Court : Kolkata

..... ab on the basis of composite income before apportionment under rule 8 of the income tax rules, however, allowing deduction under section 33ab from the composite income would result in part of deduction being allowed from the agricultural income which is not subjected to income tax as provided in section 10(1) of the income tax act. it appears that the point ..... involved in this appeal has already been decided by a division bench decision of this court where selfsame assessee was involved in respect of earlier assessment year in the case of commissioner of income tax ..... thus, condone the delay in filing the appeal. this appeal under section 260a of the income tax act, 1961 is at the instance of the revenue and is directed against the order dated june 23, 2005 2 passed by the income tax appellate tribunal, "e" bench, kolkata in ita no.1624/kol/2004 and ita no. .....

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 .....

Hindustan Lever Ltd. Vs. Commissioner of Income Tax, Kol-ii

Court : Kolkata

..... through the materials on record, we find that the question, whether the amount of cess paid by an assessee under the assam agricultural income tax act on green tea leaf is allowable as a business expenditure in computing the composite income under rule 8 of the income tax rules, 1962, has already been decided by a division bench of this court in the case of commissioner of ..... tea grown and manufactured by the assessee cess payable under the assam agricultural income tax act on green tea leaves is allowable as a business expenditure in computing the composite income under rule 8 of the income tax rule, 1962? b) whether the condition precedent for the exercise of the owner under section 263 of the income tax act has been satisfied in the facts and circumstances of the case .....

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 ( .....

Joydeep Mukherjee and ors. Etc. Etc. Vs. State of West Bengal and ors. ...

Court : Kolkata

Reported in : 2008(2)CHN546

..... enhance the highest rate of tax from 3 annas to 4 annas in a rupee and to reduce the highest slab from rs. 30,000/- to rs. 20 ..... that any sum payable for agricultural income tax for the previous year should be deducted from the gross asset of an estate for working out the net income on the basis whereof compensation payable to the estate owner could be determined. thereafter on january 8, 1950, a bill to amend the orissa agricultural income tax act, 1947, was introduced to ..... can be said that the legislation so enacted is colourable legislation. in k.c. gajapati narayan deo v. state of orissa : [1954]1scr1 the orissa agricultural income tax (amendment) act, 1950, was challenged on the ground of colourable legislation or a fraud on the constitution as its real purpose was to effect a drastic reduction in the .....

Association for Protection of Democratic Rights Vs. State of West Beng ...

Court : Kolkata

Reported in : 2007(4)CHN842

..... and anr. reported in : 1996crilj2168 ;4. central bureau of investigation v. state of rajasthan and anr. reported in : 2001crilj968 ;5. goodrieke group ltd. and anr. v. agricultural income-tax officer, calcutta range-1 and anr. reported in 2001(2) chn 104 (para 8).40. in conclusion of his submission learned senior counsel has submitted that the chief minister has ..... would be required to control a particular situation. it is quite different from sitting and calculating in a cool and serene atmosphere of a court room dissecting the acts and counter-acts alleged by parties. this observation has been approved by the supreme court in the case of akhilesh prasad (supra). again in the cases of empress v. ..... dated 14.03.2007 under section 147/148/149/341/186/353/332/333/506/307/120b of indian penal code, 9(b) of ie act, 25/27 arms act and 3(2) pdpp act has been registered on the complaint of amit kumar hati, sub-inspector of police.iii) after the police firing, the crowd withdrew from the sence .....

Bimal Ghosh and ors. Vs. Smt. Kalpana Majumdar

Court : Kolkata

Reported in : AIR2007Cal293,2008(1)ARBLR68(Cal)

..... reporter 2006 cal page 209 (vipin bhimani v. smt. sunanda das) and 2001 volume - ii calcutta high court notes page 104 (goodrike group ltd. v. agricultural income-tax officer, calcutta range-i).6. mr. jayanta mitra, learned senior counsel appearing for the respondent led by mr. aninda kumar mitra, learned senior counsel contended as follows ..... was also involved in the subject dispute between the parties through his daughter.3. the respondent filed an application under section 9 of the arbitration and conciliation act, 1996 before this hon'ble court. the said application was opposed by the appellants. it was pointed out before the learned single judge that not ..... sarkar, an advocate of siliguri court.2. the appellants also executed general power of attorney in favour of the respondent giving her right to do all acts necessary for the purpose of construction, development and sale of the flats after construction on behalf of the appellants. accordingly, a five-storied building was constructed .....