Computational - Judgment Search Results

Commissioner of Income-tax, Behar and Orissa Vs. Kameshwar Singh of Da ...

Court: Privy Council

..... s deposit register on this occasion the officer made his computation by taking first all the sums allocated to interest and ..... enacting in general terms that income profits and gains shall be computed in accordance with the method of accounting regularly employed by ..... of the income received by the assessee in the year of computation from the purchase of properties under mortgage decrees the general .....

Heiner Vs. Diamond Alkali Co.

Court: US Supreme Court

..... or similar trade or business bears to their average net income and directs that in computing the tax the commissioner shall compare the taxpayer only with representative corporations whose invested capital ..... benefit of discretionary action by the commissioner and precludes judicial revision or alteration of the computation of the tax the judgments must be reversed and the cases remanded for further .....

Raja Raghunandan Prasad Singh Vs. the Commissioner of Income-tax

Court: Mumbai

Reported in: (1933)35BOMLR536

..... as security in these circumstances be claimed as deductible expenditure in computing profits 14 the facts are that in 1923 shananand singh a ..... in these circumstances their lordships are unable to see how in computing the profits or gains of the assessees business for the year ..... an income receipt and must as already indicated be brought into computation as such by the assessees for tax purposes 25 on the .....

Raghunandan Prasad Singh and Another Vs. Commissioner of Income-tax, B ...

Court: Privy Council

..... as security in these circumstances be claimed as deductible expenditure in computing profits the facts are that in 1923 ghananand singh a minor ..... in these circumstances their lordships are unable to see how in computing the profits or gains of the assessees business for the ..... an income receipt and must as already indicated be brought into computation as such by the assessees for tax purposes on the .....

Helvering Vs. Butterworth

Court: US Supreme Court

..... the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether distributed to them or ..... been entitled had she declined to take under the will when computing the taxable income of the estate the trustees deducted the ..... the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether distributed to them or .....

United States Vs. Henry Prentiss and Co., Inc.

Court: US Supreme Court

..... based on undervaluation of the taxpayer s real estate capital in computing income and profits by the normal method of the statute that ..... affecting its invested capital and income there could be no fair computation of the tax by the appraisal of the cash value of ..... sufficient to call for a departure from the usual forms of computation the notice signed by an acting deputy commissioner closes with these .....

Burnet Vs. Aluminum Goods Manufacturing Co.

Court: US Supreme Court

..... specifically the method of making up the consolidated return or requires the elimination from the computation of the tax of the results of all inter company transactions article 77 of treasury ..... deduction once hence the loss was deductible in 1917 under the statute and regulations controlling computation of taxable income and its deduction is not forbidden by the regulations applicable to the .....

Assam Railways and Trading Co. Vs. Inland Revenue Commissioners.

Court: Kolkata

Reported in: [1934]2ITR9(Cal)

..... to indian income tax and the profits which according to english computation would be subjected to the english income tax in the ..... tax and that the method by which the indian assessment was computed and the deductions allowed in arriving at that assessment were immaterial ..... and the bogapani tea garden item had not been included in computing the indian assessment should not be taken into account and .....

Bemis Bro. Bag Co. Vs. United States

Court: US Supreme Court

..... structure to show that there were abnormal conditions that would bring about injustice if the computation of the tax were to be made according to the usual method and this though ..... unless importance be attached to the form of the relief demanded the request for a computation in accordance with 328 was accompanied by a request for relief in the alternative in .....

Emperor Vs. Nanubhai Maneklal

Court: Mumbai

Reported in: AIR1934Bom43; (1933)35BOMLR1167; 147Ind.Cas.1154

..... by the manager to the inspector within thirty six hours 52 in computing the hours referred to in section 23 clause c section 24 clause ..... section 52 the twenty five minutes will not be excluded in the computation of the hours of work it will simply mean that the mill ..... contemplates intervals of recess etc which are to be excluded in the computation of the period and it does not speak of the power of .....