Allocable Surplus - Judgment Search Results

Deputy Commissioner of Vs. Kicha Sugar Co. Ltd.

Court: Income Tax Appellate Tribunal ITAT Delhi

..... in the fourth schedule 2 where for any accounting year there is no available surplus or the allocable surplus in respect of that year falls short of the amount of minimum bonus payable ..... traditional bonus or contractual bonus similarly the provision for set on and set off of allocable surplus and the like are pertinent to profit based bonus schematically speaking statutory bonus is profit .....

Abbas Wazir (P.) Ltd. Vs. Commissioner of Income-tax

Court: Allahabad

Reported in: (1997)140CTR(All)538; [1996]220ITR141(All); [1996]86TAXMAN453(All)

..... states that where in respect of any accounting year referred to in section 10 the allocable surplus exceeds the amount of minimum bonus payable to the employees under that section the employer ..... between the minimum and the maximum limit will vary depending on the position of the allocable surplus which are admittedly not available in the instant case and therefore the permissible limit for .....

S. Samuel and ors. Vs. State of Andhra Pradesh and ors.

Court: Andhra Pradesh

Reported in: 1997(3)ALT60; (1997)IILLJ473AP

..... applicable to the society and under section 10 of the act if any establishment s allocable surplus exceeds the amount of maximum in a particular accounting year every eligible employee should be .....

Commissioner of Income Tax Vs. Kasturi and Sons Ltd.

Court: Chennai

Reported in: [1998]230ITR173(Mad)

..... item 5 speaks of the surplus that is balance in p l account after providing for proposed fund for allocations item 6 speaks of proposed ..... as sinking fund ii the reserve has been created out of the surplus profit of the assessee iii the reserve has been created in ..... by the assessee is appearing as reserve under the head reserve and surplus in the balance sheet of the assessee vi the reserve has been .....

Glickman Vs. Wileman Brothers and Elliott, Inc.

Court: US Supreme Court

..... were generally limited to restrictions on the total marketable quantity of the commodity allocations among handlers disposition of surplus quantities and maintenance of reserve supplies 7 u s c 608c 6 1934 ..... size of the commodity 608c 6 a and that make an orderly disposition of any surplus that might depress market prices ibid pursuant to the policy of collective rather than competitive .....

R. Krishnaiah Vs. Union of India (Uoi), Rep. by Its Cabinet Secretary, ...

Court: Andhra Pradesh

Reported in: 1996(4)ALT175

..... however generally accepted the decision of the tribunal and appropriated water allocated to their respective share in accordance with the provisions in ..... of not only the 75 dependable flows but also the surplus waters comprising the difference between the average flows and the ..... the meeting in this regard was that question of sharing surplus krishna waters in the light of the tribunal report and .....

Express Newspapers Pvt. Ltd. Vs. Commissioner of Income Tax

Court: Chennai

Reported in: (1997)138CTR(Mad)12; [1997]227ITR325(Mad)

..... the assessee worked out the account receivable towards hire charges for air conditioning and also allocated the consolidated rent received from the sister concern towards air conditioning the air conditioning charges ..... the head other sources on the assessee s appeal the cit a held that the surplus receipt over the expenditure in respect of air conditioning charges was assessable as business income .....

income-tax Officer Vs. Anna Masu Deokar

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (1997)60ITD19(Pune.)

..... and which are reproduced hereinabove after setting out the rationale of the allocation of investment between the two periods adopted by the ito the ..... also the case of the appellant before the aac that the allocation of the cost of construction between rs 20 000 in the ..... payment of interest was reduced to a minimum as the temporary surplus funds of the firm were used for keeping the overdraft limit .....

In Re: Advance Ruling P. No. 10 of

Court: Authority for Advance Rulings

Reported in: (1997)224ITR473AAR

..... capital accounts of the contributor so that to the extent possible the cumulative operating expenses allocated with respect to such contributor at any time are proportionate to their respective contributed ..... facts and in the circumstances of the case the applicant s proportionate share in the surplus arising on the realisation of the investments made by the contributory trust would constitute .....

United States Vs. Winstar Corp.

Court: US Supreme Court

..... compelling where as here the contract provides for particular regulatory treatment and a fortiori allocates the risk of regulatory change such an agreement reflects the inescapable recognition that regulated industries ..... in the official philosophy on privatization or all the contracts to dispose of federal property surplus or otherwise if these contracts are made in reliance on the law of contract .....