Allocable Surplus - Judgment Search Results
Home > Cases Phrase: allocable surplus Year: 1971 Page 1 of about 22 results (0.45 seconds)Indian Oxygen Ltd. Vs. Workmen
Court: Supreme Court of India
Decided on: Dec-09-1971
Reported in: AIR1972SC471; [1972(24)FLR184]; (1972)ILLJ627SC; (1972)4SCC578; [1972]2SCR816
..... basis it fixed the sum of rs 39 17 704 as the allocable surplus being 60 of available surplus as the allocable surplus so fixed was more than 20 of the annual wage bill of ..... respect of every subsequent accounting year section 2 contains definitions of various expressions the expressions allocable surplus available surplus direct tax gross profits and the income tax act are defined in clauses 4 .....
Tag this Judgment! Ask ChatGPTThe Indian Link ChaIn Manufacturers Ltd. Vs. their Workmen
Court: Supreme Court of India
Decided on: Sep-17-1971
Reported in: AIR1972SC343; 1972LabIC200; (1971)IILLJ581SC; (1971)2SCC759; [1972]1SCR790
..... how ever in arriving at its own computation of available surplus and allocable surplus disallowed the claim of the appellant for a sum of ..... rs 5 323 14 849 82 available surplus 34 61 18 allocable surplus 60 of available surplus 20 768 50 annual wage bill during ..... rs 14 000 and consequently would increase the available and allocable surplus we have already stated that the respondents in their appeal .....
Tag this Judgment! Ask ChatGPTPremier Automobiles Ltd. and ors. Vs. Union of India (Uoi)
Court: Supreme Court of India
Decided on: Nov-24-1971
Reported in: AIR1972SC1690
..... to be taken into account according to section 2 b 60 of the available surplus falls within the allocable surplus available surplus has to be computed under section 5 under that section the available ..... higher whether there are profits in the accounting year or not under section 11 where allocable surplus exceeds the minimum amount payable under section 10 it is payable in proportion to the .....
Tag this Judgment! Ask ChatGPTGannon Dunkerlay and Co. Ltd. Vs. their Workmen
Court: Supreme Court of India
Decided on: Feb-04-1971
Reported in: AIR1971SC2567; [1971(22)FLR158]; 1971LabIC1507; (1972)3SCC443
..... circumstances no such consideration about wage scales can be taken into account when allocating the surplus 17 in allocating the surplus between the two we consider that it will be equitable if roughly 60 ..... concerned if the bonus is paid in accordance with the direction of the tribunal the surplus allocation will be very nearly in that proportion these two years are 1958 59 and 1960 .....
Tag this Judgment! Ask ChatGPTCommissioner of Income-tax Vs. Hind Lamps Ltd.
Court: Allahabad
Decided on: Dec-23-1971
Reported in: [1973]90ITR487(All)
..... system of accounting prevailing in the united states they had to be allocated to some account they were allocated to earned surplus which was intended for and was used in subsequent years for ..... item ii is headed reserve and surplus clause 5 of item ii reads surplus that is balance in profit and loss account after providing for proposed allocations viz dividend bonus or reserves 20 .....
Tag this Judgment! Ask ChatGPTBareilly Electricity Supply Co. Ltd. Vs. the Workmen and ors.
Court: Supreme Court of India
Decided on: Aug-16-1971
Reported in: AIR1972SC330; 1972LabIC188; (1971)IILLJ407SC; (1971)2SCC617; [1972]1SCR241
..... not necessarily the only considerations for instance no scheme of allocation of bonus could be completed if the amount of which ..... therefore deduce the following principles for ascertainment of the available surplus in respect of an industrial undertaking and or an ..... amount for rehabilitation contingency reserve and development reserve no available surplus was left for payment of bonus to workmen court .....
Tag this Judgment! Ask ChatGPTAlloy Steel Project Vs. the Workmen
Court: Supreme Court of India
Decided on: Feb-02-1971
Reported in: [1971(22)FLR181]; (1971)ILLJ217SC; (1971)1SCC536; [1971]3SCR629
..... paid up capital or the preference share capital is not allocated between different units in the case of the present company ..... hindustan steel ltd are treated as separate establishments and available surplus is calculated separately for each unit there will be no ..... which principally lays down the method of calculation of available surplus there is therefore no reason for interpreting the proviso to .....
Tag this Judgment! Ask ChatGPTJagadishchandra F. Modi Vs. Joint Commercial Tax Officer, Harbour Divi ...
Court: Chennai
Decided on: Mar-10-1971
Reported in: [1972]29STC144(Mad)
..... one partner to pay money to the other or others after allocating the shares so as to effect a just and equitable ..... the debts and liabilities of the firm and to have the surplus distributed among the partners or their representatives according to their ..... over the same such a distribution and adjustment of the available surplus amongst the quondam partners after extinguishing the partnership as such .....
Tag this Judgment! Ask ChatGPTShaik Madar Saheb and ors. Vs. the State of Andhra Pradesh and ors.
Court: Supreme Court of India
Decided on: Dec-14-1971
Reported in: AIR1972SC1804; (1972)4SCC635; [1972]2SCR853
..... collected by way of taxes on the sale of motor spirits allocable to this head came to the conclusion that the whole revenue ..... apparently the figures in the end column purport to show considerable surplus in the revenue from road transport over expenditure on roads ..... to the report of the road transport taxation enquiry committee showing surplus was contrary to the prevalent state of affairs it was .....
Tag this Judgment! Ask ChatGPTJagadishchandra F. Modi Vs. Joint-commercial Tax Officer, Harbour Divi ...
Court: Chennai
Decided on: Mar-10-1971
Reported in: (1972)2MLJ256
..... one partner to pay money to the other or others after allocating the shares so as to effect a just and equitable ..... the debts and liabilities of the firm and to have the surplus distributed among the partners or their representatives according to their ..... over the same such a distribution and adjustment of the available surplus amongst the quondam partners after extinguishing the partnership as such .....
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