Skip to content


Profitable - Judgment Search Results

Home > Cases Phrase: profitable Year: 1958 Page 1 of about 306 results (0.018 seconds)
May 12 1958 (HC)

Mazagaon Dock Ltd. Vs. the Commissioner of Income-tax and Excess Profi ...

Court : Mumbai

Decided on : May-12-1958

Reported in : (1959)61BOMLR554

..... no reason why an enactment should not both declare notional profits as taxable profits and at the same time impose a charge on ..... no reason why an enactment should not both declare notional profits as taxable profits and at the same time impose a charge on ..... companies repairing ships of these companies at cost and without charging profits whether assessee company chargeable to tax under section 42 2 .....

Tag this Judgment! Ask ChatGPT

May 12 1958 (SC)

Mazagaon Dock Ltd. Vs. the Commissioner of Income-tax and Excess Profi ...

Court : Supreme Court of India

Decided on : May-12-1958

Reported in : AIR1958SC861; [1958]34ITR368(SC); (1958)IIMLJ210(SC); (1959)61PLR85; [1959]1SCR848

..... no reason why an enactment should not both declare notional profits as taxable profits and at the same time impose a charge on the ..... no reason why an enactment should not both declare notional profits as taxable profits and at the same time impose a charge on the ..... was business of resident with non resident companies fact that no profit derived from such arrangement would not detract it from character .....

Tag this Judgment! Ask ChatGPT

Jul 11 1958 (HC)

V.S. Govindarajulu Chettiar and anr. Vs. the Commissioner of Excess Pr ...

Court : Chennai

Decided on : Jul-11-1958

Reported in : AIR1959Mad77; [1958]34ITR594(Mad); (1958)2MLJ403

..... the provisions of this act relating to the computation of standard profits to be a continuation of the original business and the ..... for ihe purposes aforesaid such apportionments shall be made of the profits made and losses incurred and the capital employed in the ..... only for one purpose viz for the purpose of computing standard profits the proviso merely enables apportionments to be made in order .....

Tag this Judgment! Ask ChatGPT

Sep 03 1958 (HC)

S.S. Subbier and S.R. Narasimachari, Proprietors, Sri Kothandaram Spin ...

Court : Chennai

Decided on : Sep-03-1958

Reported in : (1959)2MLJ78

..... the appellate assistant commissioner the subsequent income tax assessment for 1944 45 and the excess profits tax assessments for the two chargeable accounting periods ending with 13th april 1943 and 12th ..... persons associated together in partnership for the purposeof carrying on a trade in common whose profits are by the acts made the subject of separate assessment and separate charge reference was .....

Tag this Judgment! Ask ChatGPT

Sep 03 1958 (HC)

S.S. Subbier and Vs. Commissioner of Excess Profits Tax, Madras

Court : Chennai

Decided on : Sep-03-1958

Reported in : AIR1959Mad271; [1959]35ITR362(Mad)

..... the appellate assistant commissioner the subsequent income tax assessment for 1944 45 and the excess profits tax assessments for the two chargeable accounting periods ending with 13th april 1943 and 12th ..... s r narasimhachari i am making this assessment jointly on the two partners combining the profits of the two businesses 7 the appellate assistant commissioner confirmed this decision 8 on appeal .....

Tag this Judgment! Ask ChatGPT

May 21 1958 (SC)

Jiyajeerao Cotton Mills Ltd. Vs. Commissioner of Income-tax and Excess ...

Court : Supreme Court of India

Decided on : May-21-1958

Reported in : AIR1959SC270; [1958]34ITR888(SC)

..... received those monies during that period and further that they represent profits made by it on certain forward contracts in jarilla cotton but ..... contention of the appellant is that the contracts under which the profits sought to be taxed accrued were not entered into by ..... amount was paid in settlement of contracts at gwalior and thus profits accrued and received at gawalior and not liable to be charged .....

Tag this Judgment! Ask ChatGPT

Oct 16 1958 (HC)

Jayaram Mills Ltd., Rajapalayam Vs. the Commissioner of Excess Profits ...

Court : Chennai

Decided on : Oct-16-1958

Reported in : AIR1959Mad376; [1959]35ITR651(Mad)

..... in july 1947 2 the assessee company was subject to excess profits tax in computing the average capital of the assessee for ..... hence did not become capital employed for the purpose of earning profits during the chargeable accounting period and the value of such ..... the accounting period ending 28 5 1941 and that the standard profits should therefore be decreased in relation to that accounting period by .....

Tag this Judgment! Ask ChatGPT

Oct 16 1958 (HC)

Jayaram Mills Ltd. Vs. the Commissioner of Excess Profits Tax

Court : Chennai

Decided on : Oct-16-1958

Reported in : (1959)2MLJ378

..... in july 1947 2 the assessee company was subject to excess profits tax in computing the average capital of the assessee for ..... hence did not become capital employed for the purpose of earning profits during the chargeable accounting period and the value of such ..... the accounting period ending may 26 1941 and that the standard profits should therefore be decreased in relation to that accounting period by .....

Tag this Judgment! Ask ChatGPT

Apr 15 1958 (HC)

Raghunath Misra Vs. Kishore Chandra Deo Bhanj and ors.

Court : Orissa

Decided on : Apr-15-1958

Reported in : AIR1958Ori260

..... government revenues are important factors in determining whether that person is holding an office of profit under the government though payment from a source other than government revenue is not always ..... government revenues are important factors in determining whether that person is holding an office of profit under the government though payment from a source other than government revenue is not .....

Tag this Judgment! Ask ChatGPT

Jun 04 1958 (HC)

Ostime (inspector of Taxes) Vs. Australian Mutual Provident Society.

Court : Kolkata

Decided on : Jun-04-1958

Reported in : [1960]38ITR35(Cal)

..... figure for tax purposes taken as representing for those purposes the profit arising from the companys business in this country it is ..... in any enactment have effect in relation to income tax excess profits tax and the national defence contribution so far as they ..... article iii its own method of estimating and arriving at the profits arising to an australian company including an insurance company from .....

Tag this Judgment! Ask ChatGPT


Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //