Converted - Judgment Search Results

Shantha Balachander and S.B.S. Vs. First Wealth-tax Officer

Court: Income Tax Appellate Tribunal ITAT Madras

..... individual being a member of a hindu undivided family has converted his separate property into property belonging to the hindu undivided ..... that mrs shanta balachander received the aforesaid benefit from the converted property through the partition dated october 31 1977 in ..... son as such totally unconnected with his share of the converted property or the right of mrs shanta balachander for maintenance .....

T.N. Kumar Vs. Inspecting Assistant

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1988)26ITD23(Mad.)

..... property into the common stock of the family and thereby converts it into a joint family property or where such property ..... family otherwise than by adequate consideration in the definition of a converted property circular no 258 dated 14 6 1979 explaining this ..... conversion though it ultimately happens to hold part of the converted property upon partition therefore the income arising to the smaller .....

income-tax Officer Vs. Ajit Vikram Singh

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1988)24ITD365(Delhi)

..... because the assessee divided the land in plots could not convert the activity of realisation of capital asset into a business ..... realising more and more profits the action by the assessee to convert their lands into building size simultaneously was an indication of ..... the balance of the profit earned by the assessee by converting agricultural land into residential plots should be assessed as capital .....

Sea Pearl Industries Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Cochin

Reported in: (1988)26ITD380(Coch.)

..... the bank accounts of the assessee show that they have realised the sale proceeds in convertible foreign exchange where there is any interest payable on account of delayed realisation the assessee ..... transferred to the assessee therefore what the assessee gets is the rupee equivalent and not convertible foreign exchange v the assessee is receiving a commission for the exports undertaken by them .....

Dashratlal C. Shah Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (1988)26ITD33(Ahd.)

..... matter of partition amongst the members of the family the income derived from such converted property as is received by the spouse or minor child from assets transferred indirectly ..... individual directly or indirectly to the family otherwise than for adequate consideration the property so converted or transferred being hereinafter referred to as the conver ted property then notwithstanding anything .....

Kumaran Potty Vs. Venad Pharmaceuticals and Chemicals Ltd. and anr.

Court: Kerala

Reported in: [1989]65CompCas246(Ker)

..... alleged agreement pleaded on the basis of exhibit p 1 to convert the amount into shares was challenged and the authority of ..... case that the managing director or the vice chairman could individually convert it into shares without a resolution of the board of ..... section 155 and claim that they may be made shareholders by converting the credit into shares and rectify the share register such claims .....

inspecting Assistant Vs. Jagadishchandran and Co.

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1987)23ITD354(Mad.)

..... to be confirmed the property belonging to a firm could be converted into property belonging to a company in two ways the first ..... or becomes a partner is merely a device or ruse for converting the asset into money which would substantially remain available for his ..... partnership business or is nothing but a device or ruse to convert the personal asset into money substantially for the benefit of the .....

Fall River Dyeing and Finishing Vs. Nlrb

Court: US Supreme Court

..... that from the perspective of the employees their jobs did not change although petitioner abandoned converting dyeing in exclusive favor of commission dyeing this change did not alter the essential ..... company began operations in november 1982 it performed commission finishing work exclusively rather than the converting finishing that had accounted for 60 70 of sterlingwale s business footnote 2 4 .....

The Bangalore Water Supply and Sewerage Board Vs. Kantha Chandra and o ...

Court: Karnataka

Reported in: AIR1989Kant1

..... petitions is a different person who has obtained permission to convert agricultural lands for non agricultural purposes viz for construction of ..... when the permission is deemed to have been granted to convert agricultural land for non agricultural purpose it is not ..... the provisions contained in section 95 of the act for converting agricultural lands for non agricultural purpose for establishing a .....

Multi Trade Overseas Corporation Vs. Collector of Central Excise

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in: (1988)(15)ECC31

..... excise duty whether the raw materials supplier or the person who converted the same was again considered by the tribunal in the ..... flats or whether four other firms which received the flats and converted them into the utensils on payment of charges therefor were ..... received raw materials from m s bharat heavy electricals ltd and converted the same into finished products according to the design and .....