Allocable Surplus - Judgment Search Results

Krishna Sahakari Sakhar Karkhana Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (1993)45ITD344(Pune.)

..... 5 of the payment of bonus act 1965 there should be allocable surplus the payment of bonus and ex gratia at 30 per ..... out of the provisions of the bonus act there are no allocable surpluses the commercial expediency does not mean it should be acted upon ..... for both the assessment years under appeals there were no surplus funds for allocation the unabsorbed investment allowance was to be carried forward .....

Commissioner of Income-tax Vs. Texmaco Ltd.

Court: Kolkata

Reported in: [1994]209ITR620(Cal)

..... than four per cent but not more than 20 per cent provided there was sufficient allocable surplus it was also found by the tribunal that the second proviso to sub section 3 .....

Jit Paul (Huf) and ors. Vs. Commissioner of Wealth-tax

Court: Kolkata

Reported in: [1994]209ITR675(Cal)

..... actuarial value of the liability for gratuity could be a revenue deduction in computing the allocable surplus for the purpose of payment of bonus as a matter of fact the supreme court .....

Northwest Airlines, Inc. Vs. County of Kent

Court: US Supreme Court

..... aviation only 20 of its costs the concessions rates substantially exceed their allocated costs yielding a sizable surplus that offsets the general aviation shortfall and has swelled the airport s ..... rates for their space 5 market rates substantially exceed the concessions allocated costs and yield a sizable surplus 6 the surplus offsets the general aviation shortfall of approximately 525 000 per .....

Eskayef Ltd. Vs. Inspecting Assistant

Court: Income Tax Appellate Tribunal ITAT

Reported in: (1994)49ITD707(Bang.)

..... stated in this case that the earned surplus could not be regarded as mere un allocated profits so as not to represent reserves ..... he meant was that the unappropriated profits corresponding to the surplus in the indian accounts and the amounts of re instatement ..... finally come to the conclusion that because of inclusion of the surplus corresponding to unappropriated profits in the uk accounts and of .....

Tractors and Farm Equipments Ltd. Vs. Deputy Commissioner of Income Ta ...

Court: Chennai

Reported in: (1994)49TTJ(Mad)500

..... items namely i surplus i e balance in the p l account after provision for proposed allocation namely dividend ..... the books of account of the assessee the surplus available for appropriation would have got reduced pro ..... bonus or reserves ii proposed additions to reserves and iii sinking funds occurring in that order as item nos 5 6 and 7 under the heading reserves and surplus .....

Albert Vs. State of Kerala

Court: Kerala

Reported in: (1994)IILLJ445Ker

..... the existing deputationists working in the directorate of higher secondary education the posts have been allocated to different units one post each of junior superintendent has been allotted to the ..... instruction and the directorate of collegiate education thirdly the consideration of fairness to the surplus staff from the universities entered exercise of the discretion in my opinion the government .....

S.V. Chandra Pandian and ors. Vs. S.V. Sivalinga Nadar and ors.

Court: Supreme Court of India

Reported in: 1993(1)ARBLR386(SC); 1993(41)BLJR543; [1995]212ITR592(SC); JT1993(1)SC278; (1993)1MLJ41(SC); 1993(1)SCALE141; (1993)1SCC589; [1993]1SCR58

..... distribute the residue after settlement of accounts on dissolution while distributing the residue the arbitrators allocated the properties to the partners and showed them in the schedules appended to the ..... settling account of firm there is no doubt that award essentially dealt with distribution of surplus properties belonging to dissolved firm and therefore needed no registration under section 17 1 .....

John Hancock Mut. Life Ins. Co. Vs. Harris Trust and Sav. Bank

Court: US Supreme Court

..... guaranteed aggregate amount of benefits if all of the funds attributable to the policy are allocated to purchasing guaranteed benefits however whether those funds come from pension plan contributions or investment ..... mechanism that hancock allowed the pension plan to use on several occasions to reduce the surplus in the pension administration fund see 767 f supp at 1274 1275 see also agreed .....

Hagen Vs. Utah

Court: US Supreme Court

..... the opening of a reservation a the operative language of the 1902 act provided for allocations of reservation land to indians and that all the unallotted lands within said reservation shall ..... reservation boundaries remain intact i a two rules of construction govern our interpretation of indian surplus land statutes we must find clear and unequivocal evidence of congressional intent to reduce .....