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Allocable Surplus - Judgment Search Results

Home > Cases Phrase: allocable surplus Year: 1968 Page 1 of about 10 results (0.024 seconds)
Aug 20 1968 (SC)

Metal Box Company of India Ltd. Vs. their Workmen

Court: Supreme Court of India

Decided on: Aug-20-1968

Reported in: AIR1969SC612; [1969]39CompCas410(SC); [1969(18)FLR336]; [1969]73ITR53(SC); (1969)ILLJ785SC; [1969]1SCR750

..... copies of its computation to the three respondent unions representing its employees the available surplus and allocable surplus according to this computation were rs 49 96 lakhs and rs 29 98 lakhs ..... argument was that the act lays down its statutory formula for working out available surplus and allocable surplus that the deduction from gross profits allowable are those permissible under the act namely .....

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Aug 14 1968 (HC)

Management of the K.C.P. Ltd., Central Workshop, Madras 19 Vs. Secreta ...

Court: Chennai

Decided on: Aug-14-1968

Reported in: AIR1969Mad370; [1969(18)FLR52]

..... minimum bonus while section 11 provides that if in respect of any accounting year the allocable surplus exceeds the amount of minimum bonus payable to the employees under section 10 the employer ..... and in the case of a company specific provisions are made for determination of the allocable surplus which forms the basis for determining the bonus 8 with this background the words balance .....

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Jul 16 1968 (SC)

Sanghvi Jeevraj Ghewar Chand and ors. Vs. Secretary, Madras Chillies, ...

Court: Supreme Court of India

Decided on: Jul-16-1968

Reported in: AIR1969SC530; (1969)ILLJ719SC; [1969]1SCR366

..... in respect of the accounting year 1964 and every subsequent year allocable surplus under section 2 4 means 67 per cent in cases ..... for instance there is a dispute as to the computation of allocable surplus or as to quantum of bonus or as to whether ..... or liability its object being only to distribute profits after reasonable allocations for the aforesaid charges attempts were thereafter made from time .....

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Dec 06 1968 (HC)

Commissioner of Business Profits Tax, Bombay City I Vs. Tata Iron and ...

Court: Mumbai

Decided on: Dec-06-1968

Reported in: [1970]78ITR450(Bom)

..... the amounts in the earned surplus account the profit of the company being allocated to the earned surplus account was intended to designate a fund to be utilized for ..... in the capital paid in surplus account were reserves as also the amounts in the earned surplus account the profit of the company being allocated to the earned surplus account were reserves as also .....

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Apr 02 1968 (HC)

Shiromani Gurdwaras Parbandhak Committee, Amritsar and anr. Vs. Lachhm ...

Court: Punjab and Haryana

Decided on: Apr-02-1968

Reported in: AIR1970P& H40

..... resolution with the sanction of the board may allocate part or whole of such surplus to a particular religious educational or charitable ..... the board to devote the whole or part of such surplus to a particular and specified religious educational or other charitable ..... committee of a notified sikh gurdwara to the utilisation of surplus income it may approach the judicial commission to compel compliance .....

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Sep 06 1968 (SC)

Commissioner of Income-tax, Uttar Pradesh Vs. Madan Gopal Radhey Lal

Court: Supreme Court of India

Decided on: Sep-06-1968

Reported in: AIR1969SC840; [1969]73ITR652(SC); [1969]2SCR7

..... these assets the undistributed profits now allocated to capital will be included profits which will be used by the company for its ..... they were the new shares simply confer a title to a larger proportion of the surplus assets if and when a general distribution takes place as in the winding up in .....

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Feb 07 1968 (HC)

Habib Insurance Co. Ltd. Vs. Commissioner of Income-tax, Bombay

Court: Mumbai

Decided on: Feb-07-1968

Reported in: [1968]38CompCas475(Bom); [1968]69ITR174a(Bom)

..... the assets and liabilities and the shareholders capital and reserves not allocated to any insurance business but to a non insurance business ..... of insurance and therefore the directors decided to utilise the surplus funds by investment them in the purchase of properties the ..... purchase and sale of immovable properties but merely investing the surplus funds out of the general reserve of the company in .....

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Apr 02 1968 (HC)

Ram Krishna Kulwant Rai and ors. Vs. Union of India (Uoi) and ors.

Court: Kolkata

Decided on: Apr-02-1968

Reported in: AIR1969Cal18

..... a copy of the said circular to the joint plant committee who is responsible for allocation and distribution of indigenous iron and steel materials the government has affected the business of ..... a certain quantity of slabs ingots etc produced by the hindusthan steel ltd which were surplus in their hands b in consideration of the said export the petitioner would be permitted .....

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Oct 08 1968 (SC)

Arjan Singh and anr. Vs. the State of Punjab and ors.

Court: Supreme Court of India

Decided on: Oct-08-1968

Reported in: AIR1970SC703; [1969]2SCR347

..... of the confirmation of the respondents iv even though upon their allocation to the state of pun jab they were shown as confirmed ..... started proceedings under chapter 4a of the act for determining the surplus lands in the hands of the appellants in those proceedings despite ..... partition effected in the family of the appellants in determining the surplus lands in the hands of the members of the family he .....

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Mar 04 1968 (HC)

E.A. Thomman and anr. Vs. Regional Transport Officer, Ernakulam and an ...

Court: Kerala

Decided on: Mar-04-1968

Reported in: AIR1969Ker130

..... best judges of the situation and who have to decide on the allocation of revenue 41 in these circumstances we do notthink that we would ..... best judges of the situation and who have to decide on the allocation of revenue 41 in these circumstances we do notthink that we would ..... 1964 65 19135 66 and 1960 1967 there would have been no surplus income for the years 1964 65 and 1966 1907 and only negligible .....

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