Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 17a powers of comissioner to transfer cases Sorted by: old Year: 1930

United Rys. and Elec. Co. Vs. West

Court : US Supreme Court

..... the oregon state income tax act and regulations (1924) 18; wisconsin tax service (henry b. nelson, inc.) 1929, vol. 1, pp. 163, 164. [ footnote 30 ] uniform accounts for systems of water supply, arranged by the u.s. bureau of the census, american waterworks association and others (1911) 27. [ footnote 31 ] u.s. department of agriculture, bulletin 178, ..... 169, 170, 687, 688. in england, the adoption of the depreciation charge had been hastened by a provision in the income tax law. customs and inland revenue act 1878, 41 vict. c. 15, 12. massachusetts acts 1849, c.191, provided that the annual report required of railroads should give full information on "estimated depreciation beyond the ..... , regulations 69, arts. 161-170, pp. 56-60; act may 29, 1928, c. 852, 23, par. (k) and (1), 113 and 114, 45 stat. 791, 800, 818, 821, regulations 74, arts. 201-210, pp. 51-56. see also bureau of internal revenue, bulletin "f," income tax, depreciation and obsolescence (1920) 18; outline for the study .....

The Commissioner of Income-tax Vs. T. Manavedan Tirumalpad, Senior Raj ...

Court : Chennai

Reported in : AIR1930Mad704; (1930)59MLJ265

..... there is no such exemption in the case of income derived from the sale of timber. under the circumstances, we answer the question referred ..... the income derived from the sale of paddy which is grown on land and the income derived from the sale of timber cut in a forest; but the profits earned from the sale of paddy would be assessable to income-tax but for the special exemption given to that income in the income-tax act by reason of its being agricultural income. ..... purchased the forests with trees growing therein and that as, the trees were cut down and carried away the capital was thereby decreased. the commissioner of income-tax has pointed out that similar circumstances exist in the case of mines and quarries--this is conceded by mr. venkatrama sastri who appears for the assessee-- .....

Commissioner of Income-tax Vs. T. Manavedan Tirumalpad

Court : Chennai

Reported in : 126Ind.Cas.596

..... is no such exemption in the case of income derived from the sale of timber. under the circumstances, we answer the question referred ..... the income derived from the sale of paddy which is grown on land and the income derived from the sale of timber cut in a forest; but the profits earned from the sale of paddy would be assessable to income-tax but for the special exemption given to that income in the income tax act by reason of its being agricultural income. there ..... purchased the forests with trees growing therein and that as the trees were cut down and carried away the capital was thereby decreased. the commissioner of income-tax has pointed out that similar circumstances exist in the case of mines and quarries--this is conceded by mr. venkatarama sastri who appears for the assessee .....

In Re: Satyendra Mohan Roy Chowdhury and ors.

Court : Kolkata

Reported in : AIR1930Cal627,129Ind.Cas.405

..... is to be enhanced. in the case before us however it appears to be clear enough that the extent to which the zemindari collections are exempt from income-tax as being agricultural income is not affected by, and has no bearing upon the question of the profits of the business of money-landing or the question of the annual value ..... the assessee has been under-assessed. in his view, it appears to be the intention of the act that general powers of revision should only be exercised by the commissioner acting under section 33 and that the powers of the income-tax officer under sections 34 and 35 are strictly limited by the terms of the sections themselves.6. mr ..... thinking himself entitled to repeat the original assessment under the heading 'other sources' at the figure 5,000. the contention which they seek to raise is that the income-tax officer, acting originally to the best of his judgment under section 23, clause (4), assessed them under the head 'other sources' at a figure which was much too high .....

Mohammad Ibrahim Riza Malak Vs. the Commissioner of Income Tax

Court : Mumbai

Reported in : (1930)32BOMLR1538

..... act shall not apply to the following classes of income : (i) any income derived from property held under trust or other legal ..... of the clauses of the first deed to establish that proposition. clause 8, which indicates some of the purposes for which the property is held, is: 'for carrying on the agricultural, industrial, commercial and other pursuits of the said community'. clause 5 is : 'for entertaining guests, giving at homes or parties.' clause 6 is : 'for such donations ..... point which this appeal raises is, whether, having regard to the terms of those deeds, the income of the property vested in the head of the community is exempt from income tax, having regard to the provisions of section 4, sub-section 3 (i), of act xi of 1922. that sub-section of section 4 is in these terms:-this .....

(Maulana) Mohammad Ibrahim Riza Malak Vs. Commissioner of Income-tax, ...

Court : Privy Council

..... act shall not apply to the following classes of income : (i) any income derived from property held under trust or other legal obligation wholly ..... of the clauses of the first deed to establish that proposition. cl. 3 which indicated some of the purposes for which the property is held, is: "for carrying on the agricultural, industrial, commercial and other pursuits of the said community." clause 5 is : "for entertaining guests, giving at homes or parties," clause 6 is : "for such donations for ..... that the short point which this appeal raises is, whether, having regard to the terms of those deeds, the income of the property vested in the head of the community is exempt from income-tax, having regard to the provisions of s. 4, sub-s. 3(i), act 11 of 1922. that sub-section of s. 4 is in these terms: "this .....

Raja Probhat Chandra Barua Vs. Emperor

Court : Mumbai

Reported in : (1930)32BOMLR1541

..... furnished either with materials or reasons which would justify them in suggesting that any of the ten specified items could properly be described as agricultural income within the definition of agricultural income contained in section 2 (1) of the indian income-tax act, 1922. their lordships accordingly agree with the negative answer which has been given to question i.49. for the reasons given their lordships are ..... course of the hearing) they were in the following terms:--i. whether the following sources of income are agricultural and therefore exempted from assessment to income tax under section 4 (3) (viii) of the act? [then follow ten items which it is unnecessary to set out here.]ii, whether income derived from such of the above sources us wore not taken into consideration at the time .....

Probhat Chandra Barua Vs. Emperor

Court : Privy Council

..... with materials or reasons which would justify them in suggesting that any of the ten specified items could properly be described as agricultural income within the definition of agricultural income contained in s. 2 (1), income-tax act, 1922. their lordships accordingly agree with the negative answer which has been given to question 1. for the reasons given their ..... india. s. 4 (3) enumerates a list of classes of income to which the act shall not apply. income derived from a zamindari is not included in the list, but "agricultural income" is included. it would appear that the purpose of s. 3 is to charge income-tax at the current rate for the time being, and that the ..... were in the following terms "1. whether the following sources of income are agricultural and therefore exempted from assessment to income-tax under s.4 (3) (viii) of the act. [then follow ten items which it is unnecessary to set out here.] 2. whether income derived from such of the above sources as were not taken into .....