Estimation - Judgment Search Results

Seth Loon Karan Sethiya Vs. Capt. I.N. John and ors.

Court: Allahabad

Reported in: AIR1961All59

dwivedi j 1 these appeals raise common questions and are accordingly being disposed of by a common judgment 2 in...

T. Krishnaswami Rao and ors. Vs. Dundappa and ors.

Court: Karnataka

Reported in: AIR1962Kant17; AIR1962Mys17

..... section 45a would make it clear that having regard to the estimated market value published by the committee constituted under section 45b ..... forth the sub registrar shall have to arrive at the estimated market value and communicate the same to the parties and ..... truly set forth the proper market value expressing what is the estimated market value in the circumstances question of pre determination of .....

The Commissioner of Income Tax, Bombay City I, Bombay Vs. Narsee Nagse ...

Court: Supreme Court of India

Reported in: AIR1960SC1232; [1960]40ITR307(SC); [1960]3SCR988

..... and paid a sum of rs 32 748 in two instalments being 25 of the estimated total price of the land as his construction activities declined and the government who had .....

Massey Motors, Inc. Vs. United States

Court: US Supreme Court

..... value replace the original investment therein obviously a meaningful annual accrual requires an accurate estimation of how much the depreciation will total the failure to take into account a ..... may be expected to have substantial positive salvage values average salvage values must therefore be estimated before straight line depreciation rates can be established salvage values will depend on average .....

P. Subramania Chetty Vs. Commissioner of Income-tax, Madras.

Court: Chennai

Reported in: [1962]46ITR724(Mad)

..... on the sales of these imports effected subsequently by vinayagam were estimated at 19 per cent of the purchase price and vinayagam was ..... to set out in detail in this statement 1 the value estimated or ascertained of the goods which the assessee purchased from the ..... when section 42 2 was invoked and that the profits were subsequently estimated at 10 per cent when the provisions of section 42 1 .....

Malbary and Bros. Vs. Commissioner of Income-tax, Bombay North

Court: Mumbai

Reported in: [1962]44ITR674(Bom)

..... present i have no objection in case the profits earned there are estimated subject to action under section 34 or 35 on production of ..... statement of accounts 4 the income tax officer completed the assessment estimating the profits of the branch at 5 on the prices shown ..... as attached profits in bangkok was solely on the basis of an estimate no statement of the income at bangkok and no facts relating .....

Ajax Products Ltd. Vs. Commissioner of Income-tax, Madras.

Court: Chennai

Reported in: [1961]42ITR141(Mad)

..... 2 vii of the act 2 whether there were materials for the tribunal estimating the sale value of the buildings at rs 2 32 973 the ..... over also can be no basis the value has therefore necessarily to be estimated having due regard to all these facts in our opinion on the ..... materials available the sale price of buildings can reasonably be estimated at rs 2 32 963 so as to give a profit on .....

S.N. Namasivayam Chettiar Vs. the Commissioner of Income Tax, Madras

Court: Supreme Court of India

Reported in: AIR1960SC729; [1960]38ITR579(SC); [1960]2SCR885

..... to apply section 13 and make an assessment on an alleged estimate 4 whether the tribunal was justified in making an assessment on ..... act applies in this case the question therefore is regarding the estimate after giving this finding the tribunal accepted the turnover as shown ..... this material that the tribunal adopted the figure of profit as estimated by the income tax officer and in order to support this .....

State of Kerala Vs. K. Balakrishna and anr.

Court: Kerala

Reported in: AIR1961Ker25; 1961CriLJ80

..... through the publication by march of the new year s estimated expenditure and 2 the chancellor s proposals for meeting it ..... vi memorandum explaining alterations in the preliminary budget estimate and also information regarding introductory preface to the 2nd ..... yield of revenue with estimated yield and actual with estimated expenditure the second part deals with 1 the estimated expenditure of the .....

Sri Ram Tandon Vs. Commissioner of Income-tax, U.P. and V.P.

Court: Allahabad

Reported in: [1961]42ITR689(All)

..... no justification in the circumstances of the case for making an estimate at all the assessee had a large cash balance which could ..... being rejected as unreasonable on the other hand the so called estimate by the tribunal is based on no reason and is purely ..... the tribunal itself proceeded in an unreasonable manner to make an estimate which as mentioned above was quite unjustified and based on no .....