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Allocable Surplus - Judgment Search Results

Home > Cases Phrase: allocable surplus Year: 1979 Page 1 of about 19 results (0.033 seconds)
Nov 13 1979 (HC)

Ram Singh and Sons Vs. Commissioner of Income-tax

Court: Allahabad

Decided on: Nov-13-1979

Reported in: [1981]131ITR622(All); [1980]4TAXMAN22(All)

..... of the act under that provision in cases where the allocable surplus exceeds the amount of minimum bonus payable under section 10 ..... made to arrive at the available surplus this available surplus forms the basis for calculating the allocable surplus it would be seen that whether ..... it was urged that the amount in question represented the allocable surplus and not the liability created under section 11 of .....

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Dec 03 1979 (HC)

Kale Khan Mohd. Hanif Vs. Jhansi Bidi Mazdoor Union and ors.

Court: Allahabad

Decided on: Dec-03-1979

Reported in: (1980)IILLJ283All

..... circumstances is that the employer shall calculate the available and allocable surplus for the accounting year 1970 71 in accordance with ..... payable to them after the computation of the available and allocable surplus the required action must be completed by the employer ..... no difficulty in the industrial tribunal itself determining the available surplus for computation of the amount of bonus to which .....

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Feb 27 1979 (HC)

Commissioner of Income-tax Vs. Andhra Prabha P. Ltd.

Court: Chennai

Decided on: Feb-27-1979

Reported in: (1980)14CTR(Mad)269; [1980]123ITR760(Mad)

..... under the payment of bonus ordinance by taking the available and allocable surplus at rs 49 96 lakhs and rs 29 98 lakhs respectively ..... under the i t act and then considered the question of allocable surplus in order to arrive at the commercial profits it was necessary ..... that the company hadwrongly reduced the gross profits and the available surplus and that the amounts should be added back in dealing .....

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Apr 11 1979 (SC)

Hukumchand Jute Mills Ltd. Vs. Second Industrial Tribunal, West Bengal ...

Court: Supreme Court of India

Decided on: Apr-11-1979

Reported in: AIR1979SC876; [1979(38)FLR383]; 1979LabIC612; (1979)ILLJ461SC; (1979)3SCC261; [1979]3SCR644; 1979(11)LC467(SC)

..... certain establishments not in all establishments moreover customary bonus does not require calculation of profits allocable surplus because it is a payment founded on long usage and justified often by spending on .....

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Jan 24 1979 (HC)

Chesebrough Pond's Inc. Vs. Commissioner of Income-tax, Bombay City-i

Court: Mumbai

Decided on: Jan-24-1979

Reported in: (1979)13CTR(Bom)85; [1981]131ITR324(Bom); [1979]2TAXMAN71(Bom)

..... the united states they had to be allocated to some account and they were allocated to earned surplus which was intended for and was ..... result of the allocation there is a loss the accumulated undivided profits of the previous years are drawn upon the surplus in its ..... ito observing that the amounts in question had not been specifically allocated for any purposes in his view the unallocated profits of .....

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Jan 29 1979 (HC)

Commissioner of Income-tax, Bombay City-iii Vs. New India Assurance Co ...

Court: Mumbai

Decided on: Jan-29-1979

Reported in: [1980]50CompCas335(Bom)

..... to one half of the annual average of the share of surplus allocated to the shareholder in accordance with the provisions of the schedule ..... a go by to was in the matter of surplus allocated to shareholders under the nationalisation act for purpose of working out ..... compensation the surplus allocated to shareholders was limited to 5 whilst under the .....

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Feb 12 1979 (HC)

Commissioner of Income-tax (Central) Vs. General Assurance Society Ltd ...

Court: Kolkata

Decided on: Feb-12-1979

Reported in: [1980]121ITR727(Cal)

..... paragraph 1 twenty times the annual average of the share of the surplus allocated to shareholders as disclosed in the abstracts aforesaid in respect of ..... or bonus is payable who has allocated as bonus to policy holders the whole or any part of the surplus as disclosed in the abstracts ..... dividend or bonus is payable who has not made any such allocation as is referred to in part a in respect of the .....

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Jan 01 1979 (HC)

Addl. Commissioner of Income-tax, Mysore Vs. Indian Telephone Industri ...

Court: Karnataka

Decided on: Jan-01-1979

Reported in: [1979]118ITR291(KAR); [1979]118ITR291(Karn)

..... under the heading reserves and surplus reads surplus i e balance in profit and loss account after providing for proposed allocations namely dividend bonus or reserves 9 the surplus referred to in item ..... 5 is the surplus which remains over after the allocation of the reserves in these .....

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Jan 02 1979 (HC)

Commissioner of Income-tax Vs. Nagapatinam Import and Export Corporati ...

Court: Chennai

Decided on: Jan-02-1979

Reported in: (1979)10CTR(Mad)197; [1979]119ITR444(Mad)

..... gujarat high court took the view that such unabsorbed depreciation allowance allocated among the partners of the firm cannot be considered for adjustment ..... 2 of the act under that provision if there is any surplus out of the unabsorbed depreciation left in the hands of the ..... the further question as to what is to happen to any surplus that remains after adjustment in the hands of the partners this .....

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Nov 15 1979 (HC)

Sahakari Khand Udyog Mandali Ltd. Vs. the State of Gujarat

Court: Gujarat

Decided on: Nov-15-1979

Reported in: [1981]47STC212(Guj)

..... by investors who may or may not be patrons their distribution or allocation of all net earnings annually among member owners in proportion to ..... years ending on being wound up the registrar may distribute the surplus in the manner he thinks best among any or all purposes ..... years ending on being wound up the registrar may distribute the surplus in the manner he thinks best among any or all purposes .....

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