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Profitable - Judgment Search Results

Home > Cases Phrase: profitable Court: kolkata Year: 1963 Page 1 of about 48 results (0.035 seconds)
Jul 23 1963 (HC)

Birds Investments Ltd. Vs. Commissioner of Income-tax

Court: Kolkata

Decided on: Jul-23-1963

Reported in: [1965]35CompCas143(Cal),[1965]55ITR284(Cal)

..... initiate such an enquiry in the said documents the assessee did not disclose the profits in the profit and loss accounts it was explained by the company that it credited the whole ..... investments at september 1945 and reconciliation of capital reserve account the latter account showing the profit made on sale of titagarh paper and kurnardhubi engineering shares less losses incurred on redemption .....

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Jul 18 1963 (HC)

Birla Brothers (Private) Ltd. Vs. Commissioner of Income-tax (Central) ...

Court: Kolkata

Decided on: Jul-18-1963

Reported in: [1964]54ITR344(Cal)

..... company during the relevant accounting years for the purpose of determining its business profits or actual profits or accounting profits out of which dividends had to be declared there is no doubt ..... whether the national income that is capital expenditure formed a part of business profits or actual profits or accountable profits the parties proceeded on the footing that if the national income was .....

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Mar 18 1963 (HC)

F. S. Securities Ltd. Vs. Inland Revenue Commissioners.

Court: Kolkata

Decided on: Mar-18-1963

Reported in: [1965]58ITR756(Cal)

..... these three companies were as the saying goes full of dividend that is of undistributed profit represented by liquid resources and the advantage of these purchases to their shareholders was ..... contended that the dividend must therefore be brought into the computation of the companys trading profits although originally the inland revenue had acquiesced in the companys contrary view during the argument .....

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Jun 19 1963 (HC)

Commissioner of Income-tax, Calcutta Vs. J. K. Eastern Industries (Pri ...

Court: Kolkata

Decided on: Jun-19-1963

Reported in: [1965]55ITR376(Cal)

..... respondent appealed against an assessment to income tax under schedule d in respect of his profit on the transaction the general commissioners found that the respondent had merely made an investment ..... on the part of the assessee company tantamounted to parting with a portion of the profit and therefore not deductible from the total income the appellate assistant commissioner upheld this decision .....

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Aug 22 1963 (HC)

Raghu Nandan Neotia Vs. Swadeshi Cloth Dealers Ltd. and ors.

Court: Kolkata

Decided on: Aug-22-1963

Reported in: AIR1964Cal247,68CWN302

..... to the members such interim dividends as in their judgment the profits of the company justifies 178 the company in ordinary or ..... merely prohibited the declaration or payment of dividends except out of profits or the moneys provided by the state or the central ..... present section while reiterating that prohibition also lays down how the profits in the different cases mentioned should be worked out by .....

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Feb 14 1963 (HC)

Workmen of Ottis Elevator (India) (Private) Ltd. Vs. Fourth Industrial ...

Court: Kolkata

Decided on: Feb-14-1963

Reported in: (1963)IILLJ147Cal

..... the company at length and he had sufficiently explained the particular entries made in the profit and loss account apart from the certificate of the auditor the accountant stated that ..... this basic information to guide it in making decisions which will maintain or increase the profits of a firm suchpolicies involve measuring productive efficiencies computing break even points and establishing sales .....

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Dec 20 1963 (HC)

Srinivas Banking Company Ltd. Vs. Commissioner of Income-tax (Central) ...

Court: Kolkata

Decided on: Dec-20-1963

Reported in: [1965]58ITR89(Cal)

..... commissioner held that considering the earlier loss and the current years profits and considering the subscribed capital of the company which was ..... income tax v bipin chandra maganlal co 4 the smallness of profit is a relative or comparative concept the smallness may be ..... is not material consideration i have also said that smallness of profit cannot be judged in this case properly and adequately with .....

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Feb 19 1963 (HC)

Humayun Properties Ltd. Vs. Ferrazzinis (Private) Ltd.

Court: Kolkata

Decided on: Feb-19-1963

Reported in: AIR1963Cal473

..... for possession of the said premises arrearsof rent and mesne profits an application was taken outin the suit for final judgment ..... allow the judgment debtor to continue in possession receiving mesne profits it amounts to a waiver here also the distinction between ..... execution and recovery of possession the acceptance of the mesne profits on that date could not under the circumstances have been .....

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Feb 05 1963 (HC)

Commissioner of Income-tax, Calcutta Vs. Associated Clothiers Ltd., Ca ...

Court: Kolkata

Decided on: Feb-05-1963

Reported in: AIR1963Cal629

..... company and therefore it was not a commercial sale yielding any profit which was liable to taxation the tribunal however found that ..... was that on that account it did not become commercial profit to be taken into consideration under section 23a for distribution ..... or general application that one cannot trade with oneself and make profit that observation cannot help the assessee in this case because .....

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Mar 04 1963 (HC)

Aswini Kumar Pan Vs. Sm. Parimal Debi and ors.

Court: Kolkata

Decided on: Mar-04-1963

Reported in: AIR1964Cal354,67CWN1051

..... upon the above reliefs further relief in the shape of mesne profits was also prayed for the suit was contested by the defendants ..... has been taken by the plaintiff 10 so far as mesne profits are concerned the learned trial judge gave the plaintiff a preliminary ..... hereinbefore we would be fully justified in limiting the period of mesne profits to three years before suit in the premises we would give .....

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