Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 19a omitted Court: andhra pradesh Page 13 of about 130 results (0.088 seconds)

M. M. A. K. Mohideen Thamby and Co. Vs. Commissioner of Income-tax, Ma ...

Court : Andhra Pradesh

Reported in : [1959]36ITR481(AP)

..... discussed at some length in the appeal relating to the assessment year, 1940-41, i.e., the one in which proceedings under section 34 of the income-tax act were started. since the considerations that applied to that appeal also governed the appeal arising out of the assessment proceedings for the year in question, the tribunal ..... length in the other appeal, did not give separate reasons in support of its conclusion that the explanation regarding the entries was rightly rejected by the income-tax officer and the appellate assistant commissioner.another argument presented by the counsel for the assessee is that whatever might be the position with regard to the entries ..... 1941-42 and 1942-43, represented the amounts brought in by the partners by way of additional capital. they explained that they were in respect of income from their agricultural salt-pans etc., that they first deposited these monies with one of the partners, syed mohammad, and that when the purchasing agents at calcutta required .....

Commissioner of Income-tax Vs. Sree Rama Agricultural Poultry Farm

Court : Andhra Pradesh

Reported in : [2002]258ITR336(AP)

..... assessment year 1989-90 a taxable income of rs. 26,540 and agricultural income of rs. 5,93,478. the assessment was computed on a total income of rs. 1,45,540. the assessing officer while making the assessment allowed depreciation at 100 per cent. on cages worth rs. 3,16,453. 3. the commissioner of income-tax revised that order on the ground ..... that the assessment made by the assessing officer allowing 100 per cent. depreciation on cages is prejudicial to the interests of the revenue, by virtue of the power conferred under section 263 of the act. the assessee filed an appeal before the tribunal. the ..... s.r. nayak, j. 1. this appeal filed under section 260a of the income-tax act, 1961 (for short, 'the act'), is directed against the order of the income-tax appellate tribunal, hyderabad bench 'b' (for short, 'the tribunal'), dated october 22, 1999, in i. t. a. no. 998/h of 1994. 2. the respondent-assessee is a .....

N. Durgaiah Vs. Commissioner of Gift-tax

Court : Andhra Pradesh

Reported in : [1975]99ITR477(AP)

..... by sri p. ramarao, the learned counsel for the income-tax department, contending, inter alia, that there is no merit in any of the pleas raised by the assessee. 4. it is now settled law that gift-tax under the act is exigible in respect of gifts of agricultural lands as the transaction involves the transfer of property in ..... of the properties settled by him on march 26, 1962, had filed a nil return contending, inter alia, that the provisions of the act levying tax on gifts relating to agricultural lands and buildings were unconstitutional and ultra vires and the transaction was in the nature of a family arrangement which does not amount to a ..... reference under section 26(1) of the gift-tax act (hereinafter referred to as ' the act '), by the income-tax appellate tribunal, hyderabad bench, for the opinion of this court on the following question : ' whether, on the facts and in the circumstances of the case, the assessee was liable to gift-tax assessment on the value of the properties conveyed .....

Commissioner of Income-tax Vs. J. Narayana Murthy

Court : Andhra Pradesh

Reported in : [1997]228ITR99(AP)

..... case, the tribunal is correct in law in holding that capital gains arising on the sale of agricultural lands falling within the definition of capital asset under section 2(14)(iii) are not chargeable to income-tax under section 45 of the income-tax act, 1961 ?' 2. the respondent, sri j. narayana murthy (hereinafter referred to as 'the ..... within the urban agglomeration and, therefore, capital gains arising from its sale could not be exempted as arising from the sale of agricultural land. the official receiver filed further appeal before the income-tax appellate tribunal. the appellate tribunal accepted the contentions of the official receiver and allowed the appeal, inter alia, holding that section ..... and that the official assignee became the owner of the property and he could rightly be assessed in respect of the income from the said property under section 9 of the indian income-tax act. it was pointed out that by reason of the adjudication of the debtor, the property did not cease to be .....

The Oriental Insurance Company Ltd. Vs. Bhoomi Reddy Peddi Reddy Laksh ...

Court : Andhra Pradesh

..... 20 indicating that the deceased was an income tax assessee. therefore, it can be understood that these two documents were pressed into service only to claim more compensation. even though some documents were filed before the learned tribunal to prove the income of the deceased and also to prove the extent of agricultural land he owned, they did not ..... or any of the grounds that are available to the insured without prejudice to the provisions contained in sub-section 2 of section 149 of the motor vehicles act.we have heard the learned counsel appearing for both the appellants and the learned counsel appearing for the claimants.in the appeals, the appellant-insurance companies contended ..... disposing of two appeals may be stated as follows:the respondents 1 to 5 hereinafter referred as claimants filed claim petition under section 166 of the motor vehicles act claiming compensation of rs.15,00,0000/- on account of the death of b.p. deepak reddy in a motor accident occurred 29.05.2002. according to .....

India Leaf Spring Mfg. Co. (P) Ltd. Vs. Commissioner of Income-tax

Court : Andhra Pradesh

Reported in : [1989]175ITR639(AP)

..... manufactured by the assessee-company do not fall within the meaning of the expression 'machinery' in item no. 8 of the ninth schedule to the income-tax act, 1961, i.e., 'industrial and agricultural machinery' ?' 2, the relevant assessment years are 1976-77 and 1977-78. the question in short is whether the machinery of the assessee ..... things specified in items nos. 1 to 24 in the ninth schedule to the act, in particular in the manufacture or production of '(8) industrial and agricultural machinery' within the meaning of clause (vi) of sub-section (1) of section 32 of the income-tax act. (it may be noted that this clause has since been omitted by the ..... taxation laws (amendment and miscellaneous provisions) act, 1986, with effect from april 1, 1988). the .....

Prince Azam Jah Vs. Expenditure-tax Officer

Court : Andhra Pradesh

Reported in : [1970]78ITR364(AP)

..... of the laws.'51. we may also refer to swami motor transport (p.) ltd. v. sri sankaraswamigal mutt, where these principles have been reiterated. in khandige sham bhat v. agricultural income-tax officer, subba rao j. (as he then was), speaking for the court, laid down the test to determine whether a law offends the equality clause, article 14, of the ..... but in considering the question as to whether a particular item in the hands of a citizen can be regarded as his income or not, it would be inappropriate to apply the tests traditionally prescribed by the income-tax act as such.'11. it is clear and manifest from entry 97 in list i that on any other matter not enumerated in ..... to the proposed amendment are ignored, i do not find any difficulty in coming to the conclusion which i did. the scope and object of the expenditure-tax act is to tax the expenditure of an individual assessee and that expenditure may be incurred on his own behalf or on behalf of his near relatives like spouse or a minor .....

M.M.A.K. Mohideen Thambay and Co., Ellore Vs. Commissioner of Income-t ...

Court : Andhra Pradesh

Reported in : AIR1960AP292

..... discussed at some length in the appeal relating to the assessment year, 1940-41, i.e., the one in which proceedings under section 34 of the income-tax act were started, since the considerations that applied to that appeal also governed the appeal arising out of the assessment proceedings for the year in question, the tribunal ..... for the position that where an assessee fails to prove satisfactorily the source and nature of certain amount of cash received during the accounting year, the income-tax officer is entitled to draw the inference that the receipts are of an assessable nature.'this indicates that the learned judge did not makeany distinction between the ..... 1941-42 and 1942-43 represented the amounts brought in by the partners by way of additional capital. they explained that they were in receipt of income from their agricultural saltpans etc., that they first deposited these monies with one of the partners, syed mohammed and that when the purchasing agents at calcutta required monies for .....

Karumuru Venkata Ramanadham Vs. Commissioner of Income-tax, Hyderabad.

Court : Andhra Pradesh

Reported in : [1964]52ITR742(AP)

..... by this order, the assessee requested the tribunal to make a reference to this court under section 66(1) of the indian income-tax act. as the tribunal did not comply with this request, the assessee had recourse to section 66(2) and this court called upon the tribunal ..... of profits to the amount mentioned above.on further appeal to the income-tax appellate tribunal, the assessment made by the appellate assistant commissioner was affirmed. the tribunal, in its order, observe :'nevertheless, the assessee continues to spend money on these lands, which are mostly agricultural, for the purpose of cultivation, etc. all these funds have ..... come out of the assessees money-lending circulating capital. similarly, the assessee realises some income by sale of the produce from these lands. the sale proceeds also are inextricably mixed up .....

The National Insurance Companu Ltd., Rep Vs. Yeliminti Appanna and Ano ...

Court : Andhra Pradesh

..... /-.5. (b) it is necessary to first refer to the provisions of law and the content of the related circular which are relevant. (i) section 194 a of the income tax act (the i t act, for short), which is admittedly the relevant provision of law, reads as follows: s.194a: interest other than ".interest on securities"..(1) any person, not being an individual ..... (10 of 1949), applies (including any bank or banking institution referred to in section 51 of that act); (viia) to such income credited or paid in respect of, (a) deposits with a primary agricultural credit society or a primary credit society or a co-operative land mortgage bank or a co-operative land development bank; (b) deposits (other than time deposits made on .....