Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 19a omitted Court: punjab and haryana Page 1 of about 47 results (0.165 seconds)

Commissioner of Wealth-tax Vs. Smt. Sheela Devi

Court : Punjab and Haryana

Reported in : [1970]77ITR693(P& H)

..... mr. awasthy referred in support of his argument because, both these cases deal with what is 'land used for agricultural purposes' within the meaning of the income-tax act:mustafa ali khan v. commissioner of income-tax, (1948) 16 i.t.r. 330 (p.c,). and commissioner of income-tax v. raja bency kumar sahas roy, [1957] 32 i.t.r. 466, 475-76 (s.c.),.8. in ..... in dispute was or was not being used for agricultural purposes, and, therefore, income from it could or could not be said to be agricultural income. it is significantthat the income-tax act specifically states that agricultural income would be such as accrues from land used for agricultural purposes. no suck criterion has been provided by the legislature in the wealth-tax act. similarly, the question before the supreme court in raja .....

Bawa Satya Paul Singh Vs. Income-tax Officer, Income Tax Cum-wealth Ta ...

Court : Punjab and Haryana

Reported in : AIR1965P& H333

..... division bench of the madras high court in j. n. a. hobba's case : [1963]49itr811(kar) has held that under section 10 of the mysore agricultural income-tax act which corresponds to section 41 of the indian income-tax act 1922 the measure of liability of the executor is co-extensive with that of the several beneficiaries. this decision does not support the contention of the ..... the observations made by the supreme court in the under-mentioned cases also supported this view. in ramswaroop das v. state of bihar : [1961]42itr770(sc) , the bihar agricultural income-tax act (32 of 1948) which are almost identical with those of income-tax act 1922 held thus:--x x x x x 'when property was in the possession of the receiver common manager or administrator the .....

Commissioner of Income-tax, Faridabad Vs. Dinesh Verma

Court : Punjab and Haryana

..... asset), and the assessee has, within a period of two years after that date, purchased any other land for being used for agricultural purposes, then, instead of the capital gain being charged to income tax as income of the previous year in which the transfer took place, it shall be dealt with in accordance with the following provisions of this ..... of previous year 2004-05 related to and was derived from that particular land for which exemption u/s 54b of the act has been claimed by the assessee, when assessee has not been able to show any ..... act when the assessee failed to furnish evidence to show that the land was being used for agricultural purpose for two year immediately preceding the date on which transfer took place. 3. whether on the facts and in the circumstances of the case, the hon'ble itat was right in law in upholding the order of ld. cit(a) that the agricultural income .....

Gram Panchayat, Murthal Vs. the Land Acquisition Collector

Court : Punjab and Haryana

Reported in : AIR1972P& H36

..... application for leave to appeal. on a strict construction, therefore, that sub-section cannot help the petitioner in respect of an application under section 29 (2), orissa agricultural income-tax act to state a case for the decision of the high court. but we notice that the corresponding provision in section 66, indian ..... or an application under the special law for which a period of limitation has been prescribed and this will cover an application under section 66(2) and (3), income-tax act. in my judgment, technicalities apart, this will be the only reasonable way of giving effect to the intention of the legislature. this is the view which seems to ..... air 1929 lah 170). in all those decisions it was held that section 12(2), limitation act would apply in respect of an application to the income-tax authority to state a case under section 66(1), income-tax act. doubtless, so far as income-tax law was concerned, the legislature gave recognition to these decisions by inserting section 67-a by the .....

Sohan Singh Vs. Kushla Devi and Others

Court : Punjab and Haryana

Reported in : 1998ACJ472; AIR1996P& H256; (1996)113PLR263

..... state of uttar pradesh v. vijay anand, air 1963 sc 946, their lordships of the supreme courl were interpreting the provisions of the u. p. agricultural income-tax act, 1948 and it was held therein that (at p. 950):'the fundamental and elementary rule of construction is that the words and phrases used by the ..... the celebrateddecisions of the supreme court for applyingthe aforementioned principles of interpretation.7. in commissioner of agricultural income-tax v. keshav chander, air 1950 sc 265, a constitution bench of the supreme court interpreted the provisions of the bengal agricultural income-tax rules, 1944 and while reversing the order passed by the appellate tribunal and the judgment of ..... of grammar. when a language is plain and unambiguous and admits of only one meaning, 110 question of construction of a statute arises, for the act speaks for itself. it is a well recognized rule of construction that the meaning must be collected from the expressed intention of the legislature.'11. in .....

Commissioner of Income-tax Vs. Haryana State Co-operative Marketing Fe ...

Court : Punjab and Haryana

Reported in : [2008]297ITR370(P& H)

..... profits and gains of business attributable to any one or more of such activities.4. thereafter, there was further' amendment by the income-tax (second amendment) act, 1998, substituting section 80p(2)(a)(iii) by the following:(iii) the marketing of agricultural produce grown by its members.5. amendment is retrospective with effect from april 1, 1968.6. none appears for the assessee.7 ..... on behalf of the punjab government and dealing in agricultural produce besides several other such commodities. it has also income from house property, interest and dividends. before the income-tax officer the assessee had made, inter alia, a claim that income from purchase and sale of agricultural commodities was exempt under section 81(i)(c) of the act but his decision was reversed by the appellate assistant .....

Commissioner of Income-tax Vs. Ravinder Kumar

Court : Punjab and Haryana

Reported in : [1989]180ITR203(P& H)

..... , 1973, the assessee returned an agricultural income of rs. 11,825 but the income-tax officer did not agree with the assessee and included agricultural income for the entire previous year from september 8, 1972, to september 7, 1973 ..... 1974-75, the assessee's claim was that his agricultural income of rs. 6,880 for the period april 1, 1973, to september 7, 1973, had to be taken notice of for rate purposes as he has opted to do so under section 3(1)(d)(ii) of the income-tax act, 1961, (for short 'the act'). for the period september 8, 1972, to march 31 .....

Colonel His Highness Raja Sir Harinder Singh Brar Bans Bahadur Vs. Uni ...

Court : Punjab and Haryana

Reported in : [1976]102ITR812(P& H)

..... hh) and (kk) and clauses (2) and (3) of part i of the schedule to the kerala agricultural income-tax act, 1950, and a higher tax at a fixed rate of 75 per cent. was imposed on foreign companies while a lesser tax at graded rates with a maximum of 65 per cent. was imposed on domestic companies and it was held ..... a confiscatory nature and (2) whether the penalty provisions as embodied in section 18 of wealth-tax act, are also confiscatory in nature ?' 2. another contention that had been raised in the writ petition was that no wealth-tax could be imposed on agricultural land. that matter stands concluded by the decision of their lordships of the supreme court in ..... established, it can be safely said that urban assets, as defined in the wealth-tax act, form a class by themselves and are clearly distinguish-able from the non-urban assets as they are capable of yielding better returns in the form of income and are the objects of larger amounts of investments because of their potentiality of more .....

Harindar Singh Vs. the Union of India and Another.

Court : Punjab and Haryana

Reported in : (1976)5CTR(P& H)0064B

..... ) and (kk) and clauses (2) and (3) of part i of the schedule to the kerala agricultural income-tax act 1950, and a higher tax at a fixed rate of 75 per cent was imposed on foreign companies while a lesser tax at graded rates with a maximum of 65 per cent was imposed on domestic companies and it was held that ..... confiscatory nature; and(2) whether the penalty provisions as embodied in section 18 of the wealth tax act are also confiscatory in nature ?another contention that had been raised in the writ petition was that no wealth-tax could be imported on agricultural land. that matter stands concluded by the decision of their lordships of the supreme court in union ..... -established, it can be safety said that urban assets, as defined in the wealth-tax act, form a class by themselves and are clearly distinguishable from the non-urban assets as they are capable of yielding better returns in the form of income and are the objects of larger amounts of investments because of their potentially or more .....

Commissioner of Income-tax Vs. Punjab State Co-operative Supply and Ma ...

Court : Punjab and Haryana

Reported in : [1990]182ITR58(P& H)

..... . during the year relevant to the assessment year 1967-68, the assessee had income of rs. 40,44,844. since the aforesaid income was derived from the marketing of the agricultural produce of its members, it was claimed that under section 81(i)c of the income-tax act, 1961 (for short 'the act'), which provision stands omitted with effect from april 1, 1968, and is incorporated ..... in section 80p(2)(a)(iii) with effect from the same date, the same had to be deducted in computing the income.2. the income-tax officer did not allow the deduction on the ground that the agricultural produce was not raised .....