Deduction - Judgment Search Results

Committee for Public Education Vs. Nyquist

Court: US Supreme Court

..... be summarized as follows i contributions to religious charitable and educational institutions are already deductible from gross income ii nonpublic educational institutions are accorded tax exempt status iii ..... an incentive for parents to send their children to sectarian schools because the amount deductible from adjusted gross income bears no relationship to amounts actually expended for nonpublic .....

Clive Buildings (Calcutta) Ltd. Vs. Commissioner of Income-tax

Court: Kolkata

Reported in: [1976]102ITR650(Cal)

..... the assessment year 1959 60 were not unreasonable and should have been considered as allowable deductions in determining the commercial profits for the assessment year 1958 59 he found that after ..... that declared for the two years would be unreasonable the tribunal considered the claim for deduction of the items under reserve for doubtful debts provision for contingencies contribution to repairs fund .....

Commissioner of Income-tax Vs. Anand Kumar Bindal

Court: Allahabad

Reported in: [1974]96ITR44(All)

..... thereof however no credit was allowed to him of the tax deducted at source by the company the assessee appealed and the ..... three assessment years respectively without allowing any credit for the tax deducted at source the assessee then appealed to the income tax appellate ..... held that the assessee was entitled to the benefit of tax deducted at source the commissioner is aggrieved and at his instance .....

Emeete and Sons (Travancore) P. Ltd. Vs. Commissioner of Income-tax

Court: Kerala

Reported in: [1981]129ITR163(Ker)

..... in accordance with the provisions of this act before making any deduction under this chapter or under section 280 o and without applying ..... income from other sources shall be computed after making the following deductions namely i in the case of dividends any reasonable sum paid ..... 57 and when the latter part of the section provides for deduction of60 per cent of such income by way of dividends this .....

Commissioner of Income-tax Vs. Ahmedabad Controlled Iron and Steel Reg ...

Court: Gujarat

Reported in: (1974)GLR1; [1975]99ITR567(Guj)

..... whether the expenditure in civil and criminal litigation incurred by the assessee was an allowable deduction and the supreme court held that the entire expenditure was allowable as it was incurred ..... medical expenses incurred by the assessee himself for securing medical treatment for himself cannot be deducted under the provisions of the act but if an employer incurs expenditure for giving medical .....

The Nadar Mahajana Sangam by Its General Secretary, V.P.R Gangaram Dor ...

Court: Chennai

Reported in: (1974)1MLJ328

..... when these have been ascertained the next step is to deduct therefrom the expenses of earning those receipts the cost of ..... of providing bedding furniture etc if the 50 per cent deduction represents the actual cost of providing furniture bedding and other ..... municipality is neither arbitrary nor capricious presumably on the ground that deduction of 50 per cent is sufficient to cover the service .....

Additional Commissioner of Income-tax, Etc. Vs. Maharaj Kumar Vikramad ...

Court: Jammu and Kashmir

Reported in: [1973]92ITR553(J& K)

..... why the owner should get the benefit of such a deduction the deduction is given by the statute to the assessedbecause he spends ..... head interest on securities shall be computed after making the following deductions i any reasonable sum expended by the assessee for the ..... by a different assessee the assessees are not entitled to claim deduction under the aforesaid section for these reasons we answer the .....

Dashmesh Transport Company Pvt. Ltd. Vs. Commissioner of Income-tax

Court: Punjab and Haryana

Reported in: [1974]93ITR275(P& H)

..... liability in respect of the predecessor cannot be allowed as a deduction specially when the liability is that on income tax the ..... all these payments as capital expenditure and not allowable as a deduction in the case of the appellant company 4 against the ..... which needs consideration is in the following terms 40 amounts not deductible notwithstanding anything to the contrary in sections 30 to 39 .....

United States Vs. Chicago, B. and Q. R. Co.

Court: US Supreme Court

..... seeks to recover an alleged income tax overpayment resulting from its failure to take deductions for depreciation with respect to the cost of facilities constructed at highway railroad ..... that the commissioner of internal revenue had erred by refusing to allow a depreciation deduction for these publicly contributed facilities the respondent asserted that these facilities were depreciable property .....

Marwar Tent Factory Vs. Union of India and anr.

Court: Delhi

Reported in: AIR1975Delhi27; 1974RLR218

..... enforce recovery of this amount either by cash payment or by deduction from the pending or future bills of the petitioner the ..... court said under that rule the controlling officer is empowered to deduct any amount due under a liability incurred by the subscriber to ..... the government thereforee before any deduction can be made it must be established that under a .....