Excessive - Judgment Search Results

S. Chattanatha Karayalar Vs. Excess Profits Tax Officer

Court: Chennai

Reported in: [1973]92ITR384(Mad)

..... mr balasubrahmanyan learned counsel for the revenue however submits that the decision in commissioner of excess profits tax v jivaraj topun and sons required reconsideration as the basis of the ..... family representative capacity of karta taken away after partition assessment made on petitioner karta for excess profits payable by hindu undivided family cannot be sustained 2 the respondent is the same .....

Harinagar Sugar Mills Ltd. Vs. Excess Profits Tax Officer.

Court: Mumbai

Reported in: [1984]8ITD788(Mum)

..... affect adversely time limits are neither necessary nor provided nor time limit for making an excess profit tax reassessment is provided by law the proceedings were not therefore illegal to important ..... him there is authority for the proposition indian woollen textile mills v cept that that excess profit tax proceedings are different from income tax proceedings the computation of the chargeable profits .....

Ahmedbhai Umarbhai and Co. Vs. Excess Profits Tax Officer, Iii Circle

Court: Mumbai

Reported in: (1948)50BOMLR349

..... this reference is whether the assessee is liable to payment of excess profit tax in respect of sales of goods manufactured in raichur ..... is in contra distinction to the business as contemplated by the excess profits tax act which is not one business of the assessee ..... of all the businesses which together constitute one business under the excess profits tax act i am therefore of the opinion that the .....

G. Ekambarappa and ors. Vs. Excess Profits Tax Officer, Bellary

Court: Supreme Court of India

Reported in: AIR1967SC1541; [1967]65ITR656(SC); [1967]3SCR864

..... principle expressed in these authorities we are of the opinion that the liability to pay excess profits tax accrued immediately at the end of the chargeable accounting period and that liability ..... respondent was not competent to take any proceedings for determining escaped income under section15 of excess profit tax act high court rejected contention on ground that though act stood repealed liability .....

Brillhart Vs. Excess Ins. Co.

Court: US Supreme Court

..... page 316 u s 492 mr justice frankfurter delivered the opinion of the court the excess insurance company of america the respondent here brought this suit for a declaratory judgment to ..... 316 u s 491 1942 u s supreme court brillhart v excess ins co 316 u s 491 1942 brillhart v excess ins company of america no 772 argued april 8 1942 .....

G. Padmanabhappa Vs. Excess Profits Tax Officer, Bellary

Court: Karnataka

Reported in: [1963]49ITR763(KAR); [1963]49ITR763(Karn)

..... two partners of a dissolved firm the firm in question was assessed to excess profits tax in a sum of rs 74 612 11 0 and ..... of the indian income tax act 1922 read with rule 3 of the excess profits tax rules 1940 is now barred the question is whether this ..... basis of the certificate issued on march 23 1950 for the collection of excess profits tax and the compulsory deposit is not authorised by law and .....

V. Jaganmohan Rao and ors. Vs. Commissioner of Income-tax and Excess P ...

Court: Supreme Court of India

Reported in: [1970]75ITR373(SC)

..... 1945 46 1946 47 not only to income tax but also to excess profits tax on february 1 1941 he purchased from randhi appalaswamy ..... a no 779 for the assessment year 1945 46 and the corresponding excess profits tax assessment did not arise in that year but pertained ..... years 1944 45 1945 46 and 1946 47 to income tax and excess profits tax assessee purchased spinning mill from vendor dispute between vendor .....

In Re: Specific Relief Act, 1877

Court: Mumbai

Reported in: AIR1921Bom452; (1921)ILR45Bom1064

..... said question to this honourable court 2 under section 15 of the excess profits duty act sections 49 to 52 of the indian income ..... authority decided that the petitioners were liable to be assessed under the excess profits duty act as under section 8 the act was applied to ..... think therefore on every ground the rule must be discharged with costs excess profits duty act x of 1919 section 3 15 schedule i .....

Commissioner of Excess Profits Tax, Madras Vs. N.M. Rayaloo Iyer and S ...

Court: Supreme Court of India

Reported in: AIR1961SC692; [1961]41ITR671(SC); [1961]3SCR60

..... purpose of the business taking into account these circumstances the excess profits tax officer held that the remuneration paid to the ..... employees was adequate and any additional commission paid was in excess of what was reasonable and necessary the only criticism urged ..... to reappreciate the evidence on which the conclusion of the excess profits tax officer which was confirmed by the tribunal was .....

Narottam Morarji and Co. Vs. Commissioner of Excess Profits Tax

Court: Mumbai

Reported in: [1977]109ITR69(Bom)

..... chargeable accounting period concerned and revised the estimated amounts that were arrived at by the excess profits tax officer 10 on appeal by the assessee before the tribunal three contentions were ..... of the respective chargeable accounting periods he was entitled to determine the correct amount of excess profits tax payable thus as during the first four chargeable accounting periods the right to .....