Forward Contract - Judgment Search Results

Mukunchand Rajaram Balia Vs. Nihalchand Gurmukhrai

Court: Mumbai

Reported in: (1916)ILR40Bom517

..... contract act ix of 1872 section 47 sale and purchase of cotton goods forward contract march delivery contract not to be cancelled on any account contract governed by the rules of the bombay ..... contract between the parties was to be read as containing a clause precluding either of them from cancelling the contract in any event and if so whether that was a good agreement the 25th of march 1914 in the .....

Ram Chandar Vs. Jagan Nath and anr.

Court: Himachal Pradesh

Reported in: AIR1957HP70

..... a division bench of thathigh court held that certain contracts werevoid because they offended the forward contract prohibition order 1943 10 as mr paras ram for jagan nath respondent rightly pointed out ..... the cutting of bamboos it seems to me that subsequent to the execution of the agreement ex p 2 differences arose between the parties and the plaintiff lost interest in the .....

Essar Steel Ltd. Vs. Deputy Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2005)97ITD125(Ahd.)

..... the profit earned on cancellation of the forward foreign exchange contract was assessable as a revenue profit the learned cit has not also indicated the facts ..... that in the schedule to the agreement the price of the land was stated did not lead to the conclusion that part ..... of the objects specified in its memorandum of association was to take on lease or otherwise acquire and to hold improve lease .....

Essar Steel Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2005)97TTJ(Ahd.)985

..... the profit earned on cancellation of the forward foreign exchange contract was assessable as a revenue profit the learned cit has not also indicated the facts ..... that in the schedule to the agreement the price of the land was stated did not lead to the conclusion that part ..... of the objects specified in its memorandum of association was to take on lease or otherwise acquire and to hold improve lease .....

Commissioner of Income-tax Vs. Agrawal Brothers

Court: Madhya Pradesh

Reported in: [1980]123ITR232(MP)

..... dealer is either a manufacturer or a stockist and he had entered into a forward contract to safeguard against the risk of raw materials or merchandise in stock falling in value ..... the assessee is not a stockist it is also not disputed that the earlier contract entered into by the assessee was a forward contract of purchase it was urged that as the assessee ultimately intended to enter into contracts .....

Commissioner of Income-tax, M.P. Vs. Agrawal Brothers.

Court: Madhya Pradesh

Reported in: [1980]123ITR231(MP)

..... dealer is either a manufacturer or a stockist and he had entered into a forward contract to safeguard against the risk of raw materials or merchandise in stock falling in value ..... the assessee is not a stockist it is also not disputed that the earlier contract entered into by the assessee was a forward contract of purchase it was urged that as the assessee ultimately intended to enter into contracts .....

Jaikishan Dass Mull Vs. LuchhiminaraIn Kanoria and Co.

Court: Supreme Court of India

Reported in: AIR1974SC1579; (1974)2SCC521

..... are contained in the memorandum of contract sent by the agent to his constituent in which the former reports the fulfilling of ..... which shall make a forward contract entered into otherwise than in accordance with such bye laws illegal if therefore the contracts ..... was september 1969 it was by mutual agreement arrived at between the appellants and respondents on 18th june 1969 extended .....

Jaypee Bros. Medical Publishers P. Ltd. Vs. the Bank of India and anr.

Court: Delhi

..... rate whereas the case of the defendant is that the purchase was made against the forward sale contract in respect of contract note no 200 21 it has also come in the deposition of the bank officers ..... foreign exchange or it had only invited offer from the bank for this purpose a forward exchange contract is an agreement between a bank and another party for sale or purchase of a specified quantity of .....

Commissioner of Income-tax Vs. Gourepore Co. Ltd.

Court: Kolkata

Reported in: [1982]135ITR606(Cal)

..... at the rate of rs 1 650 per ton immediately after the conclusion of the contract the exporter would buy in the forward market about 4 000 candies of castor seed which is roughly equivalent to 100 tons ..... of law laid down by the delhi high court is concerned we are in respectful agreement our attention was drawn to several decisions of the supreme court namely the decisions of .....

Joseph Pyke and Son (Liverpool) Ltd. Vs. Kedarnath Mohanlal and ors.

Court: Kolkata

Reported in: AIR1959Cal328

..... agreement could be filed in india under the arbitration protocol and convention act 1937 5 it does not appear to have been disputed before sarkar j that the vegetable oils and oil cakes forward contracts prohibition order 1944 was in force at the date of the contract .....