Allocable Surplus - Judgment Search Results

The Maharashtra State Electricity Board Vs. Maharashtra Veej Mandal Ka ...

Court: Supreme Court of India

Reported in: AIR1999SC2319; [1999(81)FLR517]; JT1998(9)SC57; (1999)ILLJ348SC; 1998(6)SCALE557; (1999)2SCC53; [1998]Supp3SCR479; 1999(1)LC585(SC)

..... passed directing the tribunal functioning under the industrial tribunal maharashtra bombay to recompute the allocable surplus for deciding whether the workmen under the appellant board were entitled to more than ..... board sought to get deducted from the gross profits for the relevant years no allocable surplus for the relevant years resulted consequently the workmen were not entitled to any bonus .....

Commissioner of Income-tax Vs. Mettur Chemicals and Industrial Corpora ...

Court: Chennai

Reported in: [1999]239ITR537(Mad)

..... not in accordance with the payment of bonus act as the allocable surplus was rs 99 278 and in the circumstances the payment of ..... of bonus act though it exceeded the quantum payable on the allocable surplus available with the company but once it is found that the ..... the amount was in excess of the amount payable on the allocable surplus of the assessee as the dispute regarding bonus was settled and .....

A. Sambanthan Vs. the Presiding Officer, Iii Additional Labour Court, ...

Court: Chennai

Reported in: (1998)2MLJ695

..... earned by the employee during the relevant accounting period whether or riot the employer has allocable surplus in the accounting year or not therefore the jurisdiction of the labour court under section ..... to arrive at a minimum bonus the court has to find out whether there is allocable surplus or not therefore the claim of the petitioner involves investigation into factual details by the .....

Commissioner of Income-tax Vs. Lakshmi Machine Works Ltd.

Court: Chennai

Reported in: [2000]241ITR53(Mad)

..... of 20 per cent section 15 provides for a set on and set off of allocable surplus section 19 of the act is significant it sets a time limit for payment of ..... which would not have been payable on a proper calculation of the amount of the allocable surplus according to the employer assessee it had been the habit of the employer in the .....

Hero Cycles Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Chandigarh

..... of rs 45 806 is deleted 9 ground no 8 relating to disallowance of bonus allocable surplus set on was not pressed by the learned counsel for the assessee this ground is .....

Hero Cycles Itd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (1999)63TTJ(Chd.)665

..... of rs 45 806 is deleted 9 ground no 8 relating to disallowance of bonus allocable surplus set on was not pressed by the learned counsel for the assessee this ground is .....

Commissioner of Income Tax Vs. Mettur Chemicals and Industrial Corpora ...

Court: Chennai

Reported in: (1998)148CTR(Mad)32

..... act though it exceeded the quantum to be payable on the allocable surplus available with the company but once it is found that the ..... the amount was in excess of the amount payable on the allocable surplus of the assessee as the dispute regarding bonus was settled and ..... the amount was in excess of the amount payable on the allocable surplus of the assessee as the dispute regarding bonus was settled and .....

Commissioner of Income-tax Vs. Travancore Titanium Products Ltd.

Court: Kerala

Reported in: [1999]239ITR240(Ker)

..... out of it and the balance was regarded as earned surplus at the end of the year this account was specifically allocated for utilisation for the purpose of business year after year ..... to designate the residue on hand as surplus undivided profits or earned surplus the supreme court further observed that where the balance of net profits after allocation to specific reserves and payment of .....

Commissioner of Income Tax Vs. Travancore Titanium Products Ltd.

Court: Kerala

Reported in: (1999)151CTR(Ker)386

..... out of it and the balance was regarded as earned surplus at the end of the year this amount was specifically allocated for utilisation for the purpose of business year after year ..... to designate the residue on hand as surplus undivided profits or earned surplus the supreme court further observed that where the balance of net profits after allocation to specific reserves and payment of .....

Dr. B.L. Wadehra Vs. Union of India (Uoi) and ors.

Court: Delhi

Reported in: ILR1998Delhi651

..... to the domestic users at reasonable prices the ministry of coal have issued guidelines for allocation of blocks to the private sector for coal mining for power generation the said guidelines ..... projects of mineral and metals in which the country is deficient rodeos not have exportable surplus a stipulated share of production would have to be made available to meet the needs .....