Allocable Surplus - Judgment Search Results

Calcutta Insurance Ltd. Vs. Commr. of Income-tax

Court: Kolkata

Reported in: AIR1953Cal59,[1952]21ITR404(Cal)

..... under clauses 8 of the schedule to the effect that 90 of the divisible surplus had been allocated to the policy holders and 10 to the shareholders clause 8 requires the abstract ..... the entire amount of rs 13 831 from rs 1 08 620 the amount allocated out of the surplus to policy holders on appeal the appellate assistant commissioner held that the whole .....

K. Peramanayakam Pillai Vs. S.T. Sivaraman and anr.

Court: Chennai

Reported in: AIR1952Mad419; (1952)IMLJ308

..... no ground for supposing that one portion of the consideration was allocated to a particular half share and the other portion to the ..... entire interest in the joint family property if there was a surplus of the assets of the insolvent after the administration is ..... completed the question arose whether that surplus which reverts to the insolvent is to be treated as .....

Niagara Hudson Power Corp. Vs. Leventritt

Court: US Supreme Court

..... act release no 8889 aff d 176 f 2d 687 the commission approved a plan allocating shares of common stock to the warrant holders at a ratio of one share of ..... into account such possibilities as that of a runaway inflation an unprecedented accumulation of undistributed surplus earnings an unlikely liberalization of standards of public utility regulation a surprise discovery of oil .....

Commissioner of Income-tax, Excess Profit Tax, Madras Vs. A.S.T.F. Rod ...

Court: Chennai

Reported in: AIR1952Mad35; [1951]20ITR247(Mad); (1951)2MLJ346

..... respect of a part of the business if the apportionment of the total profits and allocation of a portion of such profits to the part in question was possible on any ..... when he said it is with reference to such transactions which individually contribute to the surplus arising in the various places abroad that their lordships spoke of the profits accruing or .....