Profitable - Sortby Recent - Year 1966 - Judgments

Dec 30 1966 (HC)

Sri Ramadas Motor Transport Private Ltd. Vs. Vijayawada Municipality R ...

Court: Andhra Pradesh

Decided on: Dec-30-1966

Reported in: AIR1968AP160

..... the income tax and b where the amount of the said profits and gains is not ascertainable or where such company or person ..... shall be levied every company transacting business within the municipality for profit or as a benefit society shall after the date specified in ..... the individual members thereof are not in respect of those same profits again liable section 94 enacts inter alia that the profession tax .....

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Dec 27 1966 (HC)

J.V. Krishnaiah and ors. Vs. Sub Collector, Gudur and anr.

Court: Andhra Pradesh

Decided on: Dec-27-1966

Reported in: AIR1968AP83; 1968CriLJ294

..... nor by the orders of government and intended for the private and personal use and profit of the persons levying or causing the same to be levied 3rd embezzling or fraudulently .....

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Dec 23 1966 (HC)

Jiwan Lal Virmani Vs. Commissioner of Wealth-tax, U. P.

Court: Allahabad

Decided on: Dec-23-1966

Reported in: [1967]66ITR338(All)

..... the loan was converted into taxable assets out of which the assessee will presumably make profits the exemption given by section 5 1 vi of the act seems intended to encourage .....

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Dec 23 1966 (HC)

Ram Sarup Vs. Commissioner of Income-tax, U. P.

Court: Allahabad

Decided on: Dec-23-1966

Reported in: [1968]67ITR431(All)

..... tax officer rejecting the contention that the amount was not income profits or gains but only a non recurring receipt the appellate ..... income of any previous year of any person includes all income profits and gains from whatever source derived this provision appears to ..... the assessee unless there provision in the act exempting such income profits or gains from being included in the total income of .....

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Dec 23 1966 (HC)

Sri Harindar Singh Vs. Wealth Tax Officer, a Ward, Bhatinda and ors.

Court: Punjab and Haryana

Decided on: Dec-23-1966

Reported in: AIR1968P& H353; [1967]64ITR394(P& H)

..... or in pursuance of this act or any law relating to taxation of income or profits or the estate duty act 1953 34 of 1953 the expenditure tax act 1957 29 .....

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Dec 23 1966 (HC)

Ramiah (V.) Vs. State Bank of India

Court: Chennai

Decided on: Dec-23-1966

Reported in: (1968)IILLJ424Mad

..... functions of government sri thiravenkatachari no doubt contends that even commercial organisations with profit sharing and the earning of profits as essential components of their objectives and which thus belong to the .....

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Dec 23 1966 (HC)

V. Ramiah Vs. the State Bank of India by Its Secretary and Treasurer

Court: Chennai

Decided on: Dec-23-1966

Reported in: (1967)2MLJ519

..... functions of government sri tiruvenkatachari no doubt contends that even commercial organisations with profit sharing and the earning of profits as essential components of their objectives and which thus belong to the .....

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Dec 22 1966 (HC)

SaifuddIn Hussainibhoy Siamwala and ors. Vs. the Burma Cycle Trading C ...

Court: Chennai

Decided on: Dec-22-1966

Reported in: AIR1968Mad154

..... which the petitioners are partners and that all the petitioners shared the profits he also said in cross examination that it is a registered ..... bros showing that petitioners 3 and 4 also participated in the profits no doubt the sale deed pertaining to the suit property is ..... causes however held that even though all the partners shared in the profits of the firm that by itself was not sufficient in his .....

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Dec 21 1966 (HC)

Brahmananda Mohanty Vs. the State

Court: Orissa

Decided on: Dec-21-1966

Reported in: AIR1967Ori135; 1967CriLJ1168

..... new life insurance policy on his life for twenty years for rs 10 000 with profit as will appear from a kucha receipt ext 3 given by the accused insurance agent .....

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Dec 21 1966 (HC)

V. D. Rajarathanam Vs. Commissioner of Income-tax, A. P.

Court: Andhra Pradesh

Decided on: Dec-21-1966

Reported in: [1968]68ITR19(AP)

..... extracted which we may also usefully give below the contention that profit rate should be adopted only in respect of the net receipt ..... the gross amount and had to furnish the materials himself a profit ratio had been adopted the material supplied by the departmental ..... to rashtapathi nilayam the income tax officer himself adopted the net profit at 10 per cent accepting the appellants plea that the .....

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