Allocable Surplus - Judgment Search Results

Indian Steel and Wire Products Ltd. Vs. Commissioner of Income-tax, We ...

Court: Kolkata

Reported in: AIR1955Cal550,[1955]27ITR436(Cal)

..... in requisite authority allocating it to any particular purpose as a reserve therefore it ..... pushed forward to the next year without being allocated to any particular purpose whether general or special and their lordships held that if a surplus was simply carried forward without the persons .....

Muir Mills Co. Ltd. Vs. Suti Mills Mazdoor Union, Kanpur

Court: Supreme Court of India

Reported in: AIR1955SC170; (1955)ILLJ1SC; [1955]1SCR991

..... for bonus fully satisfied out of the surplus profits and the balance of profits is allocated and carried over in the accounts no ..... for bonus fully satisfied out of the surplus profits and the balance of profits is allocated and carried over in the accounts 449 ..... fair that labour should derive some benefit if there is a surplus after meeting prior or necessary charges and the following were .....

Fpc Vs. Niagara Mohawk Power Corp.

Court: US Supreme Court

..... betterments thereof minus the sum of the following items property allocated thereto if and to the extent that such items have ..... license to establish and maintain amortization reserves out of any surplus thereafter earned and accumulated in excess of a reasonable ..... return on the net investment in the project for determining surplus earnings and for the establishment and maintenance of amortization .....

Zenith Assurance Co. Ltd. Vs. Commissioner of Income-tax, Bombay City

Court: Mumbai

Reported in: (1954)56BOMLR737; [1954]24CompCas89(Bom); [1954]26ITR256(Bom)

..... business and the third was that important items of expense were common and they were allocated subsequently to different kinds of insurance business now these are all questions of facts and ..... year rule 2 b provides for profits and gains to be arrived at by adjusting surplus or deficit disclosed by actuarial valuation made for last inter valuation period ending before year .....

Ratilal Panachand Gandhi Vs. the State of Bombay and ors.

Court: Supreme Court of India

Reported in: AIR1954SC388; (1954)56BOMLR1184; (1954)IMLJ718(SC); [1954]1SCR1055

..... to what proportion of the trust property or interest therein shall be allocated to any particular object of the trust section 55 purports to ..... effect either in whole or in part or where there is a surplus left after exhausting the purposes specified by the settler the court ..... either in whole or in part or where there is a surplus left after exhausting the purposes specified by the settler the court .....

Monohar Das Mohanta Vs. Charu Chandra Pal and ors.

Court: Supreme Court of India

Reported in: AIR1955SC228; [1955]1ITR1168(SC); [1955]1SCR1168

..... centre could not be developed by it or through its agencies and therefore the land allocated for the remaining community buildings development have been transferred to the government free of cost ..... the court was asked to presume that a company had made a grant of its surplus waters for use by the duke of bridge water lord campbell c j observed that .....