Priority - Judgment Search Results

Parratt Vs. Taylor

Court: US Supreme Court

parratt v taylor 451 u s 527 1981 u s supreme court parratt v taylor 451 u s 527 1981...

N. Chellappan Pillai and anr. Vs. A. Anthoni and ors.

Court: Chennai

Reported in: AIR1983Mad155

1 the above second appeal arises out of a suit for redemption and partition filed by the plaintiffs who are...

Commissioner of Income-tax Vs. Belliss and Morcom (i.) Ltd.

Court: Kolkata

Reported in: (1982)26CTR(Cal)76,[1982]136ITR481(Cal)

..... words such profits occurring in that section mean the profits and gains attributable to any priority industry without deducting therefrom any loss arising in any other business activity under section 70 ..... of other business activities of the assessee against the profits and gains attributable to the priority industries before the provisions of that section were applied now in this case one significant .....

Commissioner of Income-tax Vs. Orient Paper Mills Ltd.

Court: Kolkata

Reported in: (1981)23CTR(Cal)180,[1983]139ITR763(Cal)

..... act otherwise the legislature would not have used the expression profits and gains attributable to priority industry if not in contradistinction to at least differently from the expression total income ..... expression gross total income or total income synonymous with the profits and gains attributable to priority industry because that would have defeated the purpose of giving such relief or incentive .....

income-tax Officer Vs. Hindustan Vacuum Glass Ltd.

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1983)3ITD605(Delhi)

..... case has made the following observations without discussion if business losses have to be given priority over unabsorbed depreciation allowance there is no good reason why depreciation sic losses which have ..... forward losses of the earlier years and carried forward unabsorbed losses and also unabsorbed depreciation priority should be given to carried forward losses in terms of section 72 2 their .....

Commissioner of Income-tax Vs. Sundaram Clayton Ltd.

Court: Chennai

Reported in: (1982)30CTR(Mad)170; [1982]133ITR34(Mad)

..... submissions holding that the relevant amounts were relatable to a priority industry the department appealed to the tribunal but the tribunal ..... with reference to an item falling within the category of priority industry the income arising from the leasing of the machinery ..... there was no vital link between the deposit and the priority industry the interest income was therefore excluded from the relief .....

K.P. Sons Vs. the Union of India (Uoi) and ors.

Court: Madhya Pradesh

Reported in: AIR1982MP91

..... to the order the schedule to the order is divided into five parts priority a priority b priority c priority d and priority e lime is not specifically mentioned anywhere in the schedule however item ..... number in the order of registration allotment loading orders are issued in accordance with the priority of registration and also having regard to preferential schedules prescribed by the railway board .....

Commissioner of Income-tax Vs. Sutna Stone and Lime Co. Ltd.

Court: Kolkata

Reported in: (1982)26CTR(Cal)343,[1982]138ITR37(Cal)

..... total income includes any profits and gains attributable to any priority industry there shall be allowed in accordance with and subject ..... where there is somedirect nexus between the income and the priority industry the natureof the source would be immaterial for instance ..... 80 i which was to encourage development or growth of priority industry should be reasonably construed reliance may be placed in .....

Commissioner of Income-tax, Tamil Nadu-iii Vs. Wheels India Ltd.

Court: Chennai

Reported in: [1983]141ITR745(Mad)

..... answer the description of profits and gains attributable to the priority industry 6 the tribunal in their order recorded a finding ..... the ambit of the expression profits and gains attributable to a priority industry the assessee in that case claimed that the amounts ..... be dealt with as profits and gains attributable to a priority industry the supreme court accepted this contention they rejected the .....

Commissioner of Income-tax Vs. Malwa Sugar Mills Co. Ltd.

Court: Kolkata

Reported in: 1981(2)CHN114,(1982)26CTR(Cal)347,[1982]134ITR56(Cal)

..... depreciation and when a question arises as to whether carried forward losses should be given priority in adjustment over current year s depreciation section 72 2 has no application the ..... the revenue incomearises therefore the business losses carried forward from the previous years cannot receive priority over the current depreciation allowance 22 as to the legal fiction or deeming fiction the .....