Estimation - Judgment Search Results
Home > Cases Phrase: estimation Court: kolkata Page 1 of about 300 results (0.027 seconds)Commissioner of Income-tax Vs. Birla Cotton Spinning and Weaving Mills ...
Court: Kolkata
Reported in: [1985]155ITR448(Cal)
..... section 273 of the act he has to justify the basis of his estimate the estimate must be an honest estimate based on the accounts which are available with the assessee on the ..... returned income did not represent the real income which the assessee could possibly have estimated and included inhis estimate under section 18a 2 this explanation was not accepted principally for the reason .....
Tag this Judgment! Ask ChatGPTCommissioner of Income-tax Vs. Birla Cotton Spinning and Weaving Mills ...
Court: Kolkata
Reported in: (1986)54CTR(Cal)257,[1986]157ITR516(Cal)
..... he has to justify the basis of his estimate the estimate must be an honest estimate based on the accounts which are available ..... assistant commissioner no figures to justify the computation of the estimate made by the assessee were made available the appellate assistant ..... according to the appellate assistant commissioner the assessee filed its estimate on the basis of the conditions then obtained and on .....
Tag this Judgment! Ask ChatGPTBirla Cotton Spinning and Weaving Mills Ltd. Vs. Commissioner of Incom ...
Court: Kolkata
Reported in: [1993]204ITR605(Cal)
..... short of the advance tax payable in accordance with his estimate therefore in terms of the proviso the commissioner in certain ..... circumstances has power to extend the time for furnishing the estimate of advance tax and payment thereof but such extension should ..... or section 212 on the basis of his own estimate including the revised estimate cannot be given a proper meaning while construing the .....
Tag this Judgment! Ask ChatGPTUnited Asian Traders Ltd. Vs. Commissioner of Income-tax (Central)
Court: Kolkata
Reported in: [1970]77ITR711(Cal)
..... respective accounting years showed that the assessee had no genuine desire to file a correct estimate of its profits for either of these two accounting years the appellate assistant commissioner upheld ..... was unacceptableand secondly that the assessee himself showed a much higher income thanwhat he had estimated the court held that the sustain ability of thefirst ground was not open for review .....
Tag this Judgment! Ask ChatGPTPaharpur Cooling Towers Pvt. Ltd. Vs. Commissioner of Income-tax
Court: Kolkata
Reported in: (2001)169CTR(Cal)303,[2001]252ITR48(Cal)
..... tax appeals was of the opinion that mere difference in the estimate filed and income returned is not sufficient to invoke the ..... learned counsel for the assessee that mere differences between the income estimated and the income shown in the return is not enough ..... the previous years and materials available at the time when the estimates were filed increase in the profit in the ginning and pressing .....
Tag this Judgment! Ask ChatGPTPasupati Das and Sons Pvt. Ltd. Vs. Commissioner of Income-tax
Court: Kolkata
Reported in: (1987)65CTR(Cal)155,[1988]170ITR110(Cal)
..... 216 of the act learned advocate submitted further that the estimate of his current income as originally filed was accepted to ..... tax within the prescribed time thereafter the assessee filed a revised estimate under section 212 2 of the act and paid the ..... exercise his discretion and examine the matter for ascertaining whether the estimate filed by the assessee was an underestimate e travancore tea .....
Tag this Judgment! Ask ChatGPTProvince of Bengal Vs. Corporation of Calcutta
Court: Kolkata
Reported in: AIR1942Cal418
..... visualised as follows the annual value of any building under section127 b 5 of the estimated a reasonablepresent cost amount onof erecting account ofthe building depreciation 20 the annual the presentrent ..... be obtained from the first two items viz by deducting the depreciation allowance from the estimated present cost of erecting the building so in the resultthe annual value of any buildingunder .....
Tag this Judgment! Ask ChatGPTCommissioner of Income-tax Vs. Indian Tube Co. Ltd. (Now Tata Iron and ...
Court: Kolkata
Reported in: [1992]197ITR522(Cal)
..... distinction has consistently been maintained by the legislature between statement and estimate of advance tax according to the tribunal on the facts ..... revenue is that there is no distinction between statement and estimate and as the assessee did not make any payment of ..... therefore when the statute does not require him to make an estimate the question of underestimating his income does hot arise when .....
Tag this Judgment! Ask ChatGPTShri Loknath Chowdhury Vs. Commissioner of Income-tax
Court: Kolkata
Reported in: (1986)50CTR(Cal)340,[1985]155ITR291(Cal)
..... construction has to be arrived on the basis of an estimate such estimate however is to be based on objective factors as all ..... being the difference in investment in the construction of building as estimated by the departmental valuation officer and as disclosed by the ..... consideration that the additions and disallowances were made just on estimate and it was never proved with cogent materials by the .....
Tag this Judgment! Ask ChatGPTMahmudabad Properties (P.) Ltd. Vs. Commissioner of Income-tax
Court: Kolkata
Reported in: [1972]85ITR500(Cal)
..... not based on verifiable data but was based on certain estimates on appeal the appellate assistant commissioner had accepted the valuation ..... lands surveyed and valued by an experienced surveyor upon whose estimate they set the fine the imputed motive for partiality to ..... of talbot co the valuer in this case is an unverified estimate which suffers from many self contradictions indicated by my learned .....
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