Profitable - Judgment Search Results

S.L.S. Chettiappa Chettiar and ors. Vs. the Commissioner of Income-tax ...

Court: Chennai

Reported in: AIR1930Mad119

..... the finding of the income tax authorities is that the profits represented the profits of the business and are not as was contended accretions ..... in satisfaction of debts due and selling them for profits later on such profits must no doubt be considered as derived from such ..... business and cannot escape taxation by saying that the profits have nothing to do with the business of the firm which .....

V.R.S.A.R. Arunachalam Chettiar Vs. the Commissioner of Income-tax

Court: Chennai

Reported in: AIR1929Mad769; (1929)57MLJ300

..... is it suggested that the business was wound up the profits remained as profits the business went on as before and the only ..... year in which the winding up occurred were assets and not profits for the purpose of taxation and to inland revenue commissioners ..... was allotted the accounts of the business were closed profits ascertained and such ascertained profits added to the capital and a new business .....

Frost Vs. Corporate Commission of Oklahoma

Court: US Supreme Court

..... without substance the provision for paying a portion of the profits to members or if so determined to nonmembers based upon ..... and leave all other provisions for organization and distribution of profits to the bylaws footnote 13 farmers cooperative incorporation laws of ..... service law a public utility is permitted to earn huge profits indicates that something more than rate regulation may be needed .....

Russell Vs. United States

Court: US Supreme Court

..... act for prior taxable years or under prior income excess profits or war profits tax acts shall be determined and assessed within five years ..... assessment should be made in respect of any income war profits or excess profits tax imposed by the revenue act of 1916 the ..... of 1921 of all taxes imposed by prior income war profits or excess profits tax acts and for the assessment imposition and collection .....

(Dewan) Abdul Alim Vs. Amatul Bibi and ors.

Court: Kolkata

Reported in: AIR1930Cal308

..... for those years only the plaintiffs might have been allowed mesne profits on the basis of the produce that argument can hardly be ..... during dispossession the lower court wa3 therefore right in allowing mesna profits in the manner it has done 5 the next point urged ..... 1923 instead of doing that the subordinate judge calculated the mesne profits up to 30th june 1923 when possession was delivered 7 the .....

immani Seshayya and ors. Vs. Dronamraju Lakshminarasimha Rao Pantulu ( ...

Court: Chennai

Reported in: AIR1930Mad160; (1929)57MLJ800

..... the defendant became liable from that moment to account for the profits from the lands he contends in short that the debt ..... excluded reverted without any further act or agreement and became again profits the mortgagee would then be liable to apply it in reduction ..... he is entitled to hold the defendant account able for actual profits received i do not agree with this contention although the mortgage .....

Munuswami Mudali and ors. Vs. Jagannadha Reddi and ors.

Court: Chennai

Reported in: AIR1929Mad830

..... was for recovering possession of certain properties with past profits rs 60 and future profits at the rate of rs 60 per year 2 ..... appellate court s decree that the plaintiffs were to have mesne profits not from the date of the lower appellate court s judgment ..... with the result that the plaintiffs will be entitled to future mesne profits from the date of plaint having regard to the circumstances i .....

Satish Chandra Chakravarti Vs. Sarat Kamini Devi

Court: Kolkata

Reported in: AIR1929Cal383,118Ind.Cas.852

..... was for possession of certain properties and for mesne profits apparently including the mesne profits even after the date of the suit the trial ..... sending the case to the trial court for ascertainment of mesne profits the defendant appealed against that decree to the high court ..... holder was entitled to execute and so long as the mesne profits had not been ascertained the decree was only a preliminary .....

In Re: Ram Prasad

Court: Allahabad

Reported in: AIR1930All389

..... any year tax shall be charged in respect of all income profits and gains of every individual hindu undivided family company firm and ..... by sale of timber the state is supposed to have made profits for growing timber a certain amount of capital expenditure is ..... forests it employs officers spends money sells timber and makes a profit the income tax department assumed in the absence of any evidence .....

Bipul Behari Chakravarty Vs. Nikhil Chandra Chakravarty and ors.

Court: Kolkata

Reported in: AIR1929Cal566

..... 12 falgoon 1334 b s he consequently asks for recovery of mesne profits from 1332 up to 1334 falgoon the date of his taking possession ..... the defendants took a preliminary objection that the claim for mesne profits was barred by section 11 civil p c as there was ..... suit no 102 of 1924 was silent with regard to future mesne profits it must be held that the claim was disallowed this preliminary .....