Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 19c omitted Court: karnataka Page 16 of about 1,393 results (0.181 seconds)

The Pr. Commissioner of Income Tax, Vs. The Totagars Co-Operative Sale ...

Court : Karnataka Dharwad

..... /57 date of judgment:16. 06.2017 ita no.100066/2016 & connected cases the pr. commissioner of income tax, c r building, navanagar, hubballi. & anr. vs. the totagars co-operative sale society, sirsi. by the provisions of the banking regulation act, 1949. only the primary agricultural credit societies with their limited work of providing credit facility to its members continued to be governed by ..... date of judgment:16. 06.2017 ita no.100066/2016 & connected cases the pr. commissioner of income tax, c r building, navanagar, hubballi. & anr. vs. the totagars co-operative sale society, sirsi. part v of the banking regulation act, 1949 (10 of 1949); (b) primary co-operative agricultural and rural development bank means a society having its area of operation confined to a taluk .....

The State of Karnataka Vs. Consolidated Coffee Limited

Court : Karnataka

Reported in : [1984]55STC363(Kar)

..... will be seen that it was urged on behalf of the income-tax department that the amount realised by the company was in the nature of income to be brought to tax, under the income-tax act. on behalf of the state it was, however, contended that the income was agricultural income which was liable to be taxed under the agricultural income-tax act. but this court held that the shade trees in the plantations ..... -64 the question arose whether the sale amount of the shade trees was liable to be brought to tax under the karnataka agricultural income-tax act. the controversy ultimately reached this court. the decision of this court is reported in consolidated coffee estates ltd. v. commissioner of agricultural income-tax, mysore : [1970]76itr29(kar) . it will be useful to refer to the points urged in that case and .....

1. T. M. Mohan. 2. T. M. BelliappA. 3. T. M. Muddappa Vs. Additional A ...

Court : Karnataka

Reported in : (1987)63CTR(Kar)223; [1987]168ITR384(KAR); [1987]168ITR384(Karn)

..... circular no. 2/1985-86 bearing no. ait. cr. 19/1983-84 dated september 13, 1985, under section 17(5) of the karnataka agricultural income-tax act, directing that in pending assessments, no surcharge should be levied. the relevant portion of the circular is as follows :'therefore, surcharge levied by completing the ..... k. a. swami j. - in all these petitions, the validity of the surcharge levied on the amount of agricultural income-tax pursuant to the amendment effected to the schedule to the karnataka agricultural income-tax act, 1957, by the karnataka ordinance no. 13 of 1980 is involved.the contention of the petitioners is that, by the time the assessment ..... ordinance. therefore, as long as the assessments relate to the period during which the ordinance was in force, the surcharge becomes leviable on the amount of agricultural income-tax irrespective of the fact whether the assessment is completed during the period when the ordinance was in force or subsequent to its lapse. therefore, it is .....

(1) Netley b Estate (W. P. No. 5650 of 1998) (2) Bajie Collie Saravana ...

Court : Karnataka

Reported in : [1999]238ITR876(KAR); [1999]238ITR876(Karn)

..... p.. no. 2397 of 1988 q19971 227 itr 421), and other connected matters, it has become necessary to amend the karnataka agricultural income-tax act, 1957, retrospectively with effect from april 1, 1975, to facilitate assessment of income received after dissolution of a firm even though at the time of such assessment the firm stood dissolved.'in l. p. ..... date of its dissolution cannot be spelt out from section 26(4). the amendment effected by act 10 of 1987 has not in any way changed the legal position with regard to the point at issue and the agricultural income-tax officer could not have relied on the amended section 26 to assess the dissolved. firm after ..... (4) and explanation thereto of the karnataka agricultural income-tax, 1957, have been assailed in all these writ petitions. since the question involved is common, these petitions are disposed of by this, common order.the provisions of section 26(4) of the act as they exist today were substituted by act no. 18 of 1997 with effect from .....

The Pr. Commissioner of Income Tax, Hubballi and Another Vs. The Totag ...

Court : Karnataka Dharwad

..... limited in the present case is admittedly not such a primary agricultural credit society. 15. the amendment of section 194a(3)(v) of the act excluding the co-operative banks from the definition of "co-operative society" by finance act, 2015 and requiring them to deduct income tax at source under section 194a of the act also makes the legislative intent clear that the co-operative ..... co- operative society, is not deductible under section 80p(2)(d) of the act. " 22. again, the division bench of punjab and haryana high court in still a later decision reported in the same volume of itr in the case of commissioner of income-tax vs. punjab state co-operative agricultural development bank limited, reported in [2016] 389 itr 607 (pandh) concurred with the .....

M/S T T K Prestige Ltd Vs. The Union of India Reptd by Its Finance Sec ...

Court : Karnataka

..... to contend that fringe benefits definition is not incorporated in act, 1961. further, he has pointed out 7th schedule to the constitution of entry no.82 provides for tax on income other than agricultural income. 16 therefore, one cannot go beyond entry no.82 read with definition of income under act, 1961. consequently, chapter xii-h incorporating under income tax act, 1961 is without authority of law. it was vehemently ..... contended that sub section 24 of section 2 of the act, 1961 relates to income wherein fringe benefit is not part and .....

A.S. Karachi and ors. Vs. Commissioner of Agricultural Income-tax and ...

Court : Karnataka

Reported in : ILR1978KAR554; [1978]115ITR629(KAR); [1978]115ITR629(Karn); 1978(1)KarLJ217

..... , the assessee who had purchased the standing tobacco crop just about the time of the harvest claimed that the income derived by him from the sale of the said tobacco could not be taxed under the indian i.t. act, 1922, as it was agricultural income. the high court of madras rejected the said contention by holding that the operations which he claimed to have ..... , they claimed that they were not liable to be taxed under the provisions of the act in respect of the income derived by them individually by selling the sugarcane referred to above. their contention was that the income was not agricultural income as defined under the act as they had not planted the sugarcane and carried on other basic agricultural operations till september 2, 1967. the agrl. ito .....

Manish Plastics Vs. Commissioner of Commercial Taxes in Karnataka and ...

Court : Karnataka

Reported in : ILR1995KAR1734; 1995(39)KarLJ372

..... sen, appellate assistant commissioner of income-tax, bombay : [1965]56itr198(sc) and in ellerman lines ltd. v. commissioner of income-tax, west bengal : [1971]82itr913(sc) held that the circulars issued by the commissioner of agricultural income-tax was binding on subordinate officers and that the assessing authorities under the karnataka agricultural income-tax act, were bound to give effect ..... to any such circular. the view taken by the division bench has however been considerably watered down by a later judgment of the supreme court in bengal iron corporation v. commercial tax officer [1993] 90 stc 47 ..... clarification. in support of his submission he placed reliance upon section 3-a(2) of the karnataka sales tax act and the judgment of this court in t. m. mohan v. additional agricultural income-tax officer : [1990]184itr190(kar) . he also placed reliance upon a full bench judgment of the high .....

Addl. Commissioner of Income-tax, Karnataka Vs. Ryots Agricultural, Pr ...

Court : Karnataka

Reported in : [1978]115ITR709(KAR); [1978]115ITR709(Karn)

..... another head of exemption are not satisfied and such income is, therefore, not free from tax under that head of exemption : vide u.p. co-operative bank ltd. v. cit : [1966]61itr563(all) .' 3. the expression 'marketing' appearing in clause (c) of s. 81(i) is an expression of wide import. in order to make agricultural produce fir for marketing it may have to ..... by it by the marketing of rice and oil derived from the paddy and groundnut belonging to its members was not liable to tax in view of the provisions of s. 81(i)(c) of the act as it stood the. the ito rejected the said claim on the ground that the processing of paddy and under clause (e) of s. ..... referred to as 'the act'), in these two cases which relate to the assessment years 1965-66 and 1967-68 reads : 'whether, on the facts and in the circumstances of the case, the tribunal is right in holding that the assessee was entitled to exemption under s. 81(i)(c) in respect of its income from marketing of agricultural produce of its members .....

B.S. Jayachandra Vs. Income-tax Officer and anr.

Court : Karnataka

Reported in : (1986)54CTR(Kar)342; ILR1987KAR1088; [1986]161ITR190(KAR); [1986]161ITR190(Karn)

..... . 91) 39. we, therefore, construe explanation 2 to section 5 of the agricultural, income-tax act not to extend to the computation of agricultural income derived from tea plantations and hold that in computing such agricultural income for the purpose of taxation under the agricultural income-tax act, the ..... way to the special provision of the agricultural income-tax act with respect to the deductions from the gross income for the purpose of computing the agricultural income. this cannot be, as we have to take the definition of 'agricultural income' from what it is in the income-tax act. the provisions of the income-tax act and the rules made thereunder will control the provisions of the agricultural income-tax act enacted by a state legislature.....(at p .....