Deduction - Judgment Search Results

Madras Radiators and Pressings Vs. State of Tamil Nadu

Court: Chennai

Reported in: [1976]37STC123(Mad)

..... authority and held that the disputed turnover was not admissible for deduction in respect of the other turnover of rs 13 308 32 ..... contends that the computation of the turnover for assessment after making deductions in respect of the refund for sales in the previous years ..... necessary that a dealer should have the benefit of claiming such deduction of tax or refund of such tax for any indefinite period .....

Carew and Co. Ltd. Vs. Commissioner of Income-tax

Court: Kolkata

Reported in: [1976]104ITR471(Cal)

..... vocation the amount of the interest paid 36 other deductions 1 the deductions provided for in the following clauses shall be allowed ..... in pakistan the pakistan revenue authorities did not allow such deduction on the ground that such interest was payable outside the ..... the purpose of double taxation relief the income tax officer deducted from the income of the karachi branch the proportionate managing .....

Raja Rajeswari Weaving Mills, Cannanore Vs. Union of India and ors.

Court: Kerala

Reported in: (1976)5CTR(Ker)145

..... points out that in cases where such facilities were not available deductions for cash payments were in fact allowed in paragraph 7 of ..... which payment in cash would not disentitle the assessee to the deductions these are enumerated under rule 6dd of the income tax rules ..... restriction imposed requiring payment in case it should be a permissible deduction by a crossed cheque or a crossed bank draft is not .....

American Foreign Steamship Co. Vs. Matise

Court: US Supreme Court

..... his shipmates while at sea over respondent s objection the shipowner deducted from his wages amounts spent for the medical care and ..... us today is quite different from that in isbrandtsen while the deductions in isbrandtsen were made over the seaman s objection the ..... do we today compromise our holding in isbrandtsen that only such deductions and set offs for derelictions in the performance of duties .....

Commissioner of Wealth-tax, Bombay Vs. Bombay Suburban Electric Supply ...

Court: Mumbai

Reported in: [1976]103ITR384(Bom)

..... the amount of the reserve computed as above shall after further deduction of the amount of compensation if any payable to the employees ..... account were the assets of the company and therefore were not deductible in computing its net wealth that the fact that a separate ..... the act the real profit can be ascertained only by permissible deductions we are not concerned in the present case with the question .....

N.M. Anniah and Co. Vs. Commissioner of Income-tax, Mysore

Court: Karnataka

Reported in: [1975]101ITR348(KAR); [1975]101ITR348(Karn)

..... above contention holding that in whichever capacity the partner might have received the remuneration no deduction could be claimed in that behalf the high court a allahabad and the high court ..... the assessing authorities to determine whether the expenditure referred to therein in respect of which deduction is climbable is excessive or unreasonable and to disallow only so much of such expenditure .....

Chandroji Rao Vs. the State of Madhya Pradesh and ors.

Court: Madhya Pradesh

Reported in: AIR1976MP119

..... 1 rs 30 000 on account of paiga shall not be deducted as tanka per discussion in para 12 2 proportionate amount of ..... held that the amount of tanka for village bhaisakhedi could not be deducted 11 however there is no substance in shri sapre s contention ..... that the amount of tanka for village bhaisakhedi was not to be deducted and observed that the matter needed further enquiry the commissioner had .....

Kalyanji Mavji and Co. Vs. C.i.T., West Bengal-ii

Court: Supreme Court of India

Reported in: AIR1976SC203; [1976]102ITR287(SC); (1976)1SCC985; [1976]2SCR966

..... expenses of the partnership business and he accordingly disallowed the deduction claimed by the appellant this discovery led the income tax ..... the original assessment rdquo mdash on the ground that the deduction having been wrongly allowed taxable income had escaped assessment after ..... that in the original assessment the assessee had claimed a deduction and had produced the balance sheet and these very .....

Burmah-shell Oil Storage and Distributing Co. of India Ltd. Vs. Income ...

Court: Kolkata

Reported in: [1978]112ITR592(Cal)

..... be any manner of doubt that the company has raised certain legal contentions claiming necessary deduction on account of devaluation loss suffered by the company for increased depreciation and development ..... mr ginwalla has argued that the company has raised certain questions of law for claiming deduction of devaluation loss increased depreciation and development rebate and raising the pleas of law .....

Duncan Brothers and Co. Ltd. Vs. Commissioner of Income-tax

Court: Kolkata

Reported in: [1978]111ITR885(Cal)

..... the gratuity schemes framed by the company concerned had been deducted from the gross receipts from the profit and loss account ..... ascertained and its present value fairly discounted it could be deductible from the gross receipts of the company while preparing the ..... case the supreme court only decided whether a particular provision was deductible from profit and loss account or not the supreme court .....