Judgment Search Results Home > Cases Phrase: jute manufacturers cess act 1983 section 4 crediting proceeds of duties to the consolidated fund of india Court: income tax appellate tribunal itat delhi

Vraj Lal Mani Lal and Co. Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1993)44ITD413(Delhi)

..... supreme court vide its order dated september 25, 1985, had held that, 'home workers' would fall within the definition of employees, as defined under the pf act. the bidi manufacturers sang, had approached the regional pf commissioner for determination of the actual liability and it was some time in 1991, that, pf commissioner, could decide, the exact ..... the determination of applicability of the scheme to 'home workers', but there was no response.4. pending the decision of the supreme court, dtu and other bidi manufacturers, the contractors (sattedars) did not permit any deduction from the payments made to them, for labour charges of 'home workers'.since, dtu did not deduct the pf ..... share & the employers share for 'home workers'. the reasoning was that, the liability was statutory in nature and applied the ruling of the supreme court in kedarnath jute mfg. co. ltd. v. cif [1971] 82 itr 363.the similar provisions made in the assessment years 1979-80 to 1982-83, were allowed on the above .....

inspecting Assistant Vs. Narang Industries Ltd.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1989)29ITD522(Delhi)

..... found that the assessee had been paying interest of rs. 6,00,000 approximately on boirowings. the explanation of the assessee that the partnership firm had suspended manufacturing activities .was rejected on finding that the said firm had restarted production in the year 1981. he also rejected the contention that financial position of the partnership ..... submitted 'that there did exist liability since the same was not extinguished finally.the liability was required to be deducted on the basis of decision in the case of kedernath jute mfg. co. ltd. v. cit [1971] 82 itr 363 (sc).pressing into service the ratio of decision in the case of cit v.hindustan housing & ..... authority. further from reports, we find that the asses-see is obliged to maintain cost accounting records according to the provisions of section 209 of the companies act and the same are also maintained as stated in note 12 of the auditors' report.in the cost accounting records, if maintained properly, obviously periodical data in .....

Willard India Ltd. Vs. Deputy Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

..... of one mohanlal vyas and paid him between july, 1961 and april 1962 a sum of rs. 60,000. in return, that person agreed to procure manufacturing licence under the provisions of industries (development and regulation) act and a licence or permit for the release of foreign exchange necessary for the import of machinery, plant and equipment for the ..... at all explained. similar is the case with regard to item no. 8 mentioned as "interest debiting notes raised to jci" and item no. 9, mentioned as cess recoverable on sales to dgs & d.what are the circumstances in which the amounts were claimed against each of these items were not at all attempted to be explained ..... to the asst. yr. 1987-88.these expenses at page 27 represent the expenses incurred in the battery division run by the assessee. similar expenses incurred in chittivalasa jute mills amount to rs. 4,41,697. the particulars of this expenditure were given at page 28 of the paper compilation. thus, the total expenditure incurred both in .....

Apparel Export Promotion Council Vs. Assistant Director of Income-tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1996)57ITD609(Delhi)

..... principles. if an activity is carried on, on business principles, it would usually result in profit, but, as pointed out by this court in surat act silk cloth manufacturers association's case (1980) 120 itr 1 (sc), it is not possible to carry on a charitable activity in such a way that the expenditure ..... 28 (sc), above principles were reiterated in the following words :- "and applying these tests, trading bodies like andhra chamber of commerce and surat silk cloth manufacturers association have been held to be institutions constituted with a view to advance an object of general public utility because their primary or dominant purpose was to promote ..... was allowed exemption under section 11 of the income-tax act till the assessment year 1991-92. the council was set up with following main objects :- (1) to promote, advance, increase, develop export of all types of readymade garments, excluding, woollen knitwear and garments of leather, jute and hemp. (2) to undertake all export promotion .....

Jay Engg. Works Ltd. Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1992)43ITD594(Delhi)

..... payment of excise duty. excise duty is payable on the assessable value to be computed as per section 4 of the central excise & salt act, 1944. assessee deducted post-manufacturing expenses from the normal price for determination of the assessable value for purposes of payment of excise duty. a dispute arose between the assessee and ..... has accrued in the year the demand is received. pope the king match factory's case (supra) approved by the supreme court in the case of kedarnath jute mfg. co. ltd. (supra).there are provisions for reassessment under the relevant tax statutes.assessing officer may initiate proceedings by issuing notice for reopening of assessment ..... detract from or retard the efficiency of the liability which had been imposed upon by the competent excise authority. this decision was approved by the supreme court in kedarnath jute mf'g. co, ltd. 's case (supra). the following principle gets established. that in the event of their being an enforceable legal liability on account .....

inspecting Assistant Vs. Dhampur Sugar Mills Ltd.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1989)28ITD57(Delhi)

..... qualified for deduction as part of the purchase price of the assessee's raw material. he placed reliance upon the decision of the supreme court in the case of kedarnath jute mfg. co. ltd. v. cit [1971] 82 itr 363 for his view. as i have already mentioned, it was against this view of the commissioner (a) that the ..... to be allowed as a deduction in computing its profit. this issue has already been decided by the hon'ble supreme court in the case of m/s. kedar nath jute mills 82 itr 363. therefore, it is directed that claim of rs. 31,70,412 be allowed.4. the department is aggrieved of the aforesaid finding of the ..... tax act, estate duty act to say that in all these enactments liability for payment accrued on the appointed date and it was never held that the accrual was postponed merely because some designated authority had to determine the precise liability as per the provisions of the relevant statutes. therefore merely because the 'l' factor was communicated to the sugar manufacturers by .....

Jackson Engineers (P.) Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1989)31ITD79(Delhi)

..... into several types of engines of different horse powers. he drew our attention to the said note and volumineous paper book, giving photographs of what actually the company manufactures. he placed reliance on large number of circulars from well known concerns, like kirloskar ; ngef ; crompton greaves ; jyoti ltd. ; ashok leyland etc., which ..... assembling of the imported parts into a finished chassis amounted to the manufacture or production of an article within the meaning of section 15c(2)(ii) of the income-tax act, 1922. their lordships dealing with the wider and narrower connotation of the word "manufacture", held as under : that in the present case the assembly stage ..... was a part and parcel of the entire industrial undertaking of the assessee, whereby they manufactured or produced bus/truck chassis which .....