Profitable - Judgment Search Results

Brown Lumber Co. Vs. Louisville and Nashville R. Co.

Court : US Supreme Court

brown lumber co v louisville nashville r co 299 u s 393 1937 u s supreme court brown lumber co...

British Sugar Manufacturers, Ltd. Vs. Harris (inspector of Taxes).

Court : Kolkata

Reported in : [1939]7ITR101(Cal)

..... this remuneration would certainly not be is a share of profits purchased by the employee again i quite accept the proposition ..... agreement is merely an agreement under which before ascertaining the divisible profits of this company at all the skoda works and corporation ..... that a payment the making of which is conditional on profits being earned cannot properly be described as an expenditure incurred .....

North British and Mercantile Insurance Co. Vs. Re.

Court : Kolkata

Reported in : [1937]5ITR349(Cal)

..... probe the figure which is said to represent the amount of the average annual net profits disclosed by the last preceding actuarial valuation with a view to ascertaining whether any deductions ..... companies incorporated in british india are determined by taking the annual average of the total profits disclosed by the last actuarial valuation adding thereto any deductions made from the gross income .....

Shyam Lal Vs. Sundar Lal

Court : Allahabad

Reported in : AIR1937All661

..... was guilty of negligence and that therefore he must account for profits upon the basis of gross rental 2 both the courts ..... secretary of state v sarojkumar acharjya where it was held that profit always means the difference between the amount realised and the ..... on account of collection charges being the customary allowance for mesne profits it is unnecessary for a defendant to adduce any evidence .....

Commissioner of Income-tax, Bombay Vs. the Mazagaon Dock Ltd.

Court : Mumbai

Reported in : [1938]6ITR124(Bom)

..... the contrary it would certainly seem that in calculating the profits for they previous year deduction to which the predecessor would ..... relates to a business sec 10 2 provides that the profits or gains shall be computed after making the following allowances ..... before the assessment is made he further contended that those profits could not be ascertained unless they were ascertained upon the .....

M.R.M.A.R. Natesa Chettiar Vs. T.A. Ramalingam Chettiar and ors.

Court : Chennai

Reported in : AIR1937Mad769; 173Ind.Cas.244

..... admittedly found no difficulty in enjoying them and reaping the profits from them then as regards the oral evidence the learned ..... appellants the puisne mortgagee are in law untitled to have the profits of the property purchased by the defendant respondents in execution ..... from the date of the bond as regards the actual profits realized since when the mortgagees obtained possession of the mortgaged .....

National Mortgage and Agency Co. of New Zealand Vs. Inland Revenue Com ...

Court : Kolkata

Reported in : [1938]6ITR74(Cal)

..... dissect the united kingdom assessment and eliminate from it that portion which represents the profits of the english business this is a perfectly simple and intelligible operation and presents ..... of his case to appreciated the fundamental distinction between sums which truly represent incoming profits and gains and sums which represent allowances or permissible deductions in arriving at the .....

The Indian Radio and Cable Communications Company, Ltd. Vs. the Commis ...

Court : Mumbai

Reported in : [1937]5ITR270(Bom)

..... of sub cl b of this clause the expression net profits means the profits for each year remaining after deducting from the gross revenue ..... incurred solely for the purpose of making or earning such income profits or gains provided that no allowance shall be made on ..... say that a payment the making of which is conditional on profits being earned cannot properly be described as an expenditure incurred .....

Babu Kedarnath Goenka Vs. Maharaj Kumar Babu Bageshwari Prasad Singh a ...

Court : Privy Council

..... for the purpose but the respondents cannot recover from him those profits in the execution proceedings it appears that while he was ..... concur with the high court that his liability for the mesne profits of the whole of the village singthu which accrued during ..... with ordinary diligence have received therefrom together with interest on such profits now the rate at which interest should be allowed is not .....

Tata Hydro-electric Agencies, Ltd., Bombay Vs. Commissioner of Income- ...

Court : Privy Council

..... as being expenditure incurred solely for the purpose of earning their profits or gains but he submitted that after the acquisition of ..... expenditure which is not incurred solely for the purpose of earning profits or gains in the present case their lordships have reached the ..... they were certainly not made in the process of earning their profits they were not payments to creditors for goods supplied or .....