Profitable - Judgment Search Results
Home > Cases Phrase: profitable Court: kolkata Year: 1955 Page 1 of about 28 results (0.014 seconds)inland Revenue Commissioners Vs. Butterley Co. Ltd.
Court : Kolkata
Decided on : Mar-10-1955
Reported in : [1955]28ITR762(Cal)
..... properly included in computing for the purposes of the profits tax the profits of the company for the relevant chargeable accounting periods ..... the interim income would be included in the income or profits attracting profits tax but the manner in which the company employed ..... iron production brick making civil engineering and dairy farming the profits tax was first imposed under the name of the national .....
Tag this Judgment! Ask ChatGPTD.C. Auddy and Brothers Vs. Commissioner of Income-tax, West Bengal
Court : Kolkata
Decided on : Aug-26-1955
Reported in : AIR1956Cal295,[1955]28ITR713(Cal)
..... in carrying on trading operations the amount may have earned profits and those profits had either been shown in the books or were ..... firm and unless such an instrument governed the distribution of profits in the said accounting year 5 the answer to the ..... for adding the unexplained cash credits as well as undisclosed profits from other sources the appellate assistant commissioner seems to have .....
Tag this Judgment! Ask ChatGPTNational Cement Mines Industries Ltd., Calcutta Vs. Commissioner of In ...
Court : Kolkata
Decided on : Dec-23-1955
Reported in : AIR1956Cal480,[1956]29ITR629(Cal)
..... the associated cement co ltd under an agreement to share the profits thereof the receipt was therefore business income in the hands of ..... capital receipts but they may also be fixed shares of the profits made by the transferee in the course of using or ..... could not be regarded as rent or royalty were nevertheless trading profits because they could not be properly segregated from other business earnings .....
Tag this Judgment! Ask ChatGPTDeputy Secretary to the Government of India Ministry of Finance (Depar ...
Court : Kolkata
Decided on : Aug-01-1955
Reported in : AIR1956Cal414,[1955]25CompCas413(Cal)
..... itself stated that as regards the branches the balance sheets and profit and loss accounts as certified by the branches as well ..... whatever for any inaccuracy or untruth in the balance sheet or profit and loss account the absurdity of such a contention if ..... the certificates of the different branch managers or balance sheets and profit and loss accounts prepared by the chief accountant at the head .....
Tag this Judgment! Ask ChatGPTIndian Molasses Co. Ltd. Vs. Commissioner of Income-tax, West Bengal
Court : Kolkata
Decided on : Dec-21-1955
Reported in : AIR1956Cal281,[1956]29ITR565(Cal)
..... was claimed read as follows at the relevant time 10 2 such profits or gains shall be computed after making the following allowances namely ..... lord macmillan their lordships are unable to see how in computing the profits or gains of the assessees business for the year 1925 26 ..... laying in futurity could be claimed as a deduction against the taxable profits of that year or in other words to which year an .....
Tag this Judgment! Ask ChatGPTR.C. Mitter and Sons Vs. Commissioner of Income-tax, West-bengal
Court : Kolkata
Decided on : Aug-26-1955
Reported in : AIR1956Cal303,[1955]28ITR698(Cal)
..... any of the taxing authorities or tribunals is satisfied that the profits of a registered firm have been distributed otherwise than in ..... instrument as governing such distribution that is the distribution of the profits it thus emphasises the true nature of the instrument and in ..... accounting year and an instrument which governed the distribution of the profits in that year i do not intend to say that .....
Tag this Judgment! Ask ChatGPTKalu Babu Lalchand, Calcutta Vs. Commr. of Income-tax, West Bengal
Court : Kolkata
Decided on : Sep-08-1955
Reported in : AIR1956Cal588,[1956]29ITR281(Cal)
..... monthly instalments or a commission of 15 per cent on the net profits of the company whichever might be larger 4 it would appear that ..... the other members of the family and mr b k rohatgi the profits of the business subject to the allocation made on the basis of ..... sumner was not using those words to describe a case where the profits would be the property of the family but he was describing amounts .....
Tag this Judgment! Ask ChatGPTManindra L. Goswami Vs. R.N. Bose, Income-tax Officer
Court : Kolkata
Decided on : Dec-19-1955
Reported in : AIR1956Cal443,[1956]30ITR550(Cal)
..... a member of such association shall in respect of the income profits and gains of the firm or association be jointly and severally ..... partners of the discontinued firm jointly and severally in respect of the profits earned by the firm before it was discontinued question no 2 ..... the machinery provided by by sections 13 14 of the excess profits tax act could be availed of and the partners even after .....
Tag this Judgment! Ask ChatGPTKumar Jagadish Chandra Sinha Vs. Commissioner of Income-tax, West Beng ...
Court : Kolkata
Decided on : Sep-02-1955
Reported in : AIR1956Cal48,[1955]28ITR732(Cal)
..... as section 2 3a by the india adaptation of income tax profits tax and revenue recovery acts order 1947 and held that ..... of british india introduced by the india adaptation of income tax profits tax and revenue recovery acts order 1947 to quote the relevant ..... british india as given in the india adaptation of income tax profits tax and revenue recovery acts order 1947 the definition of agricultural .....
Tag this Judgment! Ask ChatGPTIndia Electric Works Ltd. Vs. Mrs. B.S. Mantosh and ors.
Court : Kolkata
Decided on : Jun-13-1955
Reported in : AIR1956Cal148
..... the shed might be demolished a claim was also made for mesne profits or damages from 2 2 1944 until the date of the removal ..... subordinate judge cannot be approved because it was not known at what profit the lessee had sublet the premises the company had all along protested ..... a suit for recovery of possession of immovable property and for mesne profits under order 20 rule 12 civil p c in such a suit .....
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