Earned - Judgment Search Results

Commissioner of Income-tax, A. P. Vs. Krishna Industrial Corporation L ...

Court: Andhra Pradesh

Reported in: [1973]92ITR261(AP)

..... towards interest and profit which this company might have otherwise earned on the amount invested up till now on the said ..... colonial government as an expenditure incurred solely for the purpose of earning its own profits was negatived a payment out of profits ..... profits the aforesaid amounts attracted income tax when they have been earned by the transferee company in its business as observed by .....

Khanjan Lal Sewak Ram Vs. Commissioner of Income-tax, U.P.

Court: Supreme Court of India

Reported in: AIR1972SC61; [1972]83ITR175(SC); (1971)3SCC662; [1972]1SCR502

..... income tax officer came to the conclusion that the firm had earned considerable black market profits and the same had not been ..... the instrument of partnership but which had not distributed the profits earned by it in the black market amongst the six partners ..... the firm therein there was no contention that all the profits earned were not distributed the only question was whether the household .....

Commissioner of Income-tax Vs. Ganeshi Lal

Court: Allahabad

Reported in: [1973]88ITR29(All)

..... firm represented their capital contributions and as such the interest earned on these credits was income which accrued to them directly ..... the benefits of the firm for the proposition that interest earned on capital contributed by partners and persons admitted to the ..... and minor son represented their capital contribution and therefore interest earned on it was income which arose to them directly or .....

Bishwa Nath Gupta and ors. Vs. Munna

Court: Madhya Pradesh

Reported in: AIR1971MP238; 1971MPLJ721

..... the respondent is also entitled to be compensated for loss of earning capacity it cannot be doubted that the injury to his leg ..... if the respondent carries on his family occupation then also his earning capacity would not be normal according to the evidence of the ..... to accept that if the respondent follows his family occupation his earnings would not be affected in the circumstances of the case we .....

Kalyanji Mavji and Co. Vs. Commissioner of Income-tax

Court: Kolkata

Reported in: [1973]87ITR228(Cal)

..... a new asset altogether when it is restored to its profit earning condition by expenditure incurred on renovating and reconditioning the same ..... fulfilled even though the expenditure does not directly relate to the earning of income expenditure incurred not with a view to the direct ..... and is laid out as part of the process of profit earning the expenditure in question must therefore be considered to be .....

Commissioner of Income-tax Vs. Clive Insurance Co. Ltd.

Court: Kolkata

Reported in: [1972]85ITR531(Cal)

..... being the calendar year 1959 during the relevant period the assessee earned income by way of dividend and interest from its investments in ..... may declare as dividend after such taxation out of the profits earned the learned counsel submits that under section 184 of the english ..... might arise because profits divided in one year may have been earned in other years the provisions of section 7 of the finance .....

California Vs. Byers

Court: US Supreme Court

..... to apply if disclosure of the amount of income criminally earned would create a not insubstantial risk of incrimination in any ..... related to the particular case of a defendant whose income was earned entirely or largely from business in violation of the national ..... suggestion of course if disclosure of the amount of income criminally earned would create a not insubstantial risk of incrimination in any .....

A. Munivenkataiah and ors. Vs. General Manager, Government Soap Factor ...

Court: Karnataka

Reported in: (1972)ILLJ355Kant; (1972)1MysLJ8

..... or charge allowance c for profits above 1 6th of the total earnings for the year 8 but not exceeding on account of basic pay ..... or charge allowance e for profits exceeding 1 3rd of the total earnings for the year 16 on account of basic pay wages exclusive of ..... had to pay profit bonus equivalent to one third of the total earnings for the year in which the profits exceeded sixteen per cent accordingly .....

Gohada Vs. Shri Dutt

Court: Himachal Pradesh

Reported in: AIR1971HP23

..... he was suffering from physical disability and is incapable of earning his livelihood and therefore he was entitled to the advantage ..... respondent has poor vision and that he is unfit to earn his livelihood the doctor further stated that the respondent can ..... and his physical disability has further made him incapable of earning such livelihood the courts below therefore were right in deciding .....

V.A. Nair Vs. Indian Hume Pipe Co.

Court: Mumbai

Reported in: (1973)ILLJ126Bom

..... the amount of commission has some proportion to the net profits earned in fact the efficacy of this finding is destroyed by what ..... are profits expected to arise in future they are not actually earned and are not therefore available for distribution and cannot furnish true ..... work on hand will be completed and the company will actually earn profits for the work done the workmen will participate in those .....