Computable - Judgment Search Results

Permian BasIn Area Rate Cases

Court: US Supreme Court

..... scarcely exhaust the relevant considerations the commission cannot confine its inquiries either to the computation of costs of service or to conjectures about the prospective responses of the capital ..... was essentially pragmatic it reasoned that the uncertainties of joint cost allocation preclude accurate computations of the cost of casinghead and residue gas further the commission averred that it is .....

Commissioner of Income-tax Vs. Ellerman Lines Ltd.

Court: Kolkata

Reported in: [1970]75ITR47(Cal)

..... commissioner found it difficult to understand why such earnings should not have been included in computing the assessee s income on the basis of the ratio certificate the appellate assistant commissioner ..... 33 of the income tax rules 1922 provides three methods as hereinafter mentioned for the computation of the assessable income of non resident assessees where the income tax officer thinks that .....

Westward Television Ltd. Vs. Hart (inspector of Taxes).

Court: Kolkata

Reported in: [1969]71ITR489(Cal)

..... taxpayer claimed that the unrelieved loss amounted to pounds 80 886 computed as follows loss 1960 61pounds 120 895relieved under s 341 ..... because they are sufficiently familiar the sidenote to section 127 is computation under case i and ii to be normally on profits ..... need read the sidenote to section 128 is period of computation at commencement of trades professions and vocations the section provides .....

Maud Tea and Seed Company Ltd. Vs. Agricultural Income-tax Officer and ...

Court: Guwahati

..... from tea grown and manufacturedin assam or refuse to accept the computation of the indian income taxofficer 9 a note is appended ..... it was income derived from business consequently the income would be computed in accordance with the provisions of section 10 of the ..... of its plenary legislative power to allow further deductions from such computed agricultural income as it considers fit but it cannot add .....

Commissioner of Income-tax, Kerala Vs. Travancore Sugars and Chemicals ...

Court: Kerala

Reported in: [1969]71ITR385(Ker)

..... profits regulated by any statute but profits in a business computed on business principles they are business profits and not statutory ..... company to the consumers benefit reserve account was deductible in computing the assessable income of the company there is a very ..... for a sepcified purpose in poona electric supply companys case computation of the profits was regulated by the electricity supply act .....

P.M. Bharucha and Co. Vs. G.S. Venkatesan Income-tax Officer, Circle I ...

Court: Gujarat

Reported in: [1969]74ITR513(Guj)

..... or vocation and capital gains section 10 lays down the rules for computing the income of the assessee under the head profits and gains ..... firm is registered or unregistered the total income of the firm is computed in accordance with the provisions of the act now profits and ..... section 6 and under each head profits and gains would be computed in accordance with the rules relevant to such head of income .....

Management of the K.C.P. Ltd., Central Workshop, Madras 19 Vs. Secreta ...

Court: Chennai

Reported in: AIR1969Mad370; [1969(18)FLR52]

..... the central workshop can be taken separately for the purpose of computing bonus and is set out in full where an establishment consists ..... year treated as part of the establishment for the purpose of computation of bonus the main part of the section provides that ..... was treated as part of the establishment for the purpose of computation of bonus immediately before the commencement of the accounting year .....

Commissioner of Business Profits Tax, Bombay City I Vs. Tata Iron and ...

Court: Mumbai

Reported in: [1970]78ITR450(Bom)

..... these amount constitute reserves and should therefore be included in the computation of the capital of the company if they are so ..... of capital assets being taken into account for the purpose of computing the reserves for these reasons the tribunal accepted the assessee ..... was whether this amount should be taken into account in computing the capital of the company the business profits tax officer .....

A. K. T. K. M. Vishnudatta Antharjanam Vs. Commissioner of Agricultura ...

Court: Kerala

Reported in: [1969]71ITR733(Ker)

..... is whether the three amounts claimed by the assessee as expenditure are allowable in computing her agricultural income the claim on account of interest is not certainly allowable because ..... prohibition against it express or implied in the act the same principle would apply in computing agricultural income also the question whether expenditure incurred during years prior to the accounting .....

Commissioner of Gift-tax, West Bengal Ii Vs. Atrilal P. Mewar.

Court: Kolkata

Reported in: [1968]70ITR225(Cal)

..... the said company should also be allowed as a deduction in computing the break up value of its shares the departmental representative has ..... dispute before the tribunal was regarding the deduction admissible in the computation of the break up value of the shares of east ganhodi ..... and the gift tax officer should have allowed the amount in computing the break up value of the shares of this company he .....