Profitable - Judgment Search Results
Home > Cases Phrase: profitable Year: 1966 Page 1 of about 301 results (0.054 seconds)War Profits Tax Commissioner, Madhya Pradesh, Indore Vs. Binodram Balc ...
Court : Supreme Court of India
Decided on : Apr-20-1966
Reported in : AIR1967SC246; [1966]62ITR740(SC); [1966]SuppSCR224
..... 8 this ordinance was promulgated on february 28 1946 another ordinance called the gwalior war profits tax amendment ordinance samvat 2004 hereinafter referred to as ordinance 2004 was promulgated on ..... on managing agency business dividend income from business was liable to be assessed to war profits respondent assessee contended that sum not liable to charged question referred to supreme court .....
Tag this Judgment! Ask ChatGPTLondon and Thames Haven Oil Wharves Ltd. Vs. Attwooll (inspector of Ta ...
Court : Kolkata
Decided on : Dec-16-1966
Reported in : [1968]70ITR460(Cal)
..... be a capital receipt and not revenue although calculated by reference to the amount of profit lost see glenboig union fireclay co ltd v inland revenue commissioners and inland revenue commissioners ..... sum represented damages which had been recovered from a wrongdoer in respect of loss of profits in connection with the taxpayer companys business as a wharf owner the special commissioners decided .....
Tag this Judgment! Ask ChatGPTU.P. Co-operative Bank Ltd. Vs. Commissioner of Income-tax
Court : Allahabad
Decided on : Feb-22-1966
Reported in : [1966]36CompCas617(All); [1966]61ITR563(All)
..... salaries ii interest on securities iii income from property iv profits and gains of business profession or vocation v income from ..... possibly be interest on securities or income from property or profits and gains of business profession or vocation as regards interest ..... in respect of the different and distinct heads of income profits and gains salaries interest on securities and property business etc .....
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Court : Chennai
Decided on : Dec-05-1966
Reported in : [1967]20STC107(Mad)
..... and ii the business activity was undertaken with a profit motive whether profit accrued or not 5 the act was amended in ..... nature of trade commerce or manufacture whether or not any profit accrues from such trade commerce manufacture adventure or concern dealer ..... of frequency volume regularity and continuity or the existence of profit motive or test of reasonable connection with the normal business .....
Tag this Judgment! Ask ChatGPTUnion of India (Uoi) by the General Manager, Southern Railway Vs. the ...
Court : Chennai
Decided on : Dec-05-1966
Reported in : (1967)2MLJ248
..... etc and ii the business activity was undertaken with a profit motive whether profit accrued or not 5 the act was amended in ..... the nature of trade commerce or manufacture whether or not any profit accrues from such trade commerce manufacture adventure or concern dealer ..... activity of transport of passengers this activity had an element of profit but the activity involved in the sale of foodstuffs and .....
Tag this Judgment! Ask ChatGPTGanga Metal Refining Co. Pte. Ltd. Vs. Commissioner of Income-tax
Court : Kolkata
Decided on : Aug-05-1966
Reported in : [1968]38CompCas117(Cal),[1968]67ITR771(Cal)
..... joint venture wherein those three companies agreed to share the profits or losses resulting from the sale of those goods in ..... and organised activity with the said purposes viz to realise profits therefore the tribunal holds the transactions in question to constitute ..... becomes agent for the other and agrees to share the profits this will create many problems for the two incorporated companies .....
Tag this Judgment! Ask ChatGPTKedarnath Jute Manufacturing Co. Ltd. Vs. Commissioner of Income-tax ( ...
Court : Kolkata
Decided on : Aug-24-1966
Reported in : AIR1968Cal19,[1968]67ITR56(Cal)
..... of accounting and the problem arose about the liability for profit bonus reliance was placed for the commissioner of income tax ..... it is therefore deductibleas a business expense before arriving al thetaxable profits the learned judge in that case proceeded further to make ..... the statute therefore when section 10 2 says that such profits shall be computed after making the following al lowances then .....
Tag this Judgment! Ask ChatGPTGanga Metal Refining Co. Pr. Ltd. Vs. Commissioner of Income Tax
Court : Kolkata
Decided on : Aug-05-1966
Reported in : AIR1967Cal429
..... joint venture wherein those three companies agreed to share the profits or losses resulting from the sale of those goods in ..... and organised activity with the said purpose viz to realise profits therefore the tribunal holds the transactions in question to constitute ..... becomes agent for the other and agrees to share the profits this will create many problems for the two incorporated companies .....
Tag this Judgment! Ask ChatGPTM. K. Brothers Private Limited Vs. Commissioner of Income-tax, U. P.
Court : Allahabad
Decided on : Feb-16-1966
Reported in : [1967]63ITR28(All)
..... expenditure and expenditure in the process of the earning of the profits was revenue expenditure if the expenditure is made for acquiring ..... the whole of the capital asset and make it more profit yielding commissioner of income tax v panbari tea co ltd ..... income or revenue expenses are generally running expenses incurred in earning profit or expenses incurred with the primary object of an immediate .....
Tag this Judgment! Ask ChatGPTSheo Nath Singh Vs. Appellate Assistant Commissioner of Income-tax (Ce ...
Court : Kolkata
Decided on : Oct-06-1966
Reported in : AIR1967Cal382,[1968]67ITR254(Cal)
..... sofa shares of associated hotels to rat bahadur oberoi at a profit of 9 lakhs a very interesting history was stated about ..... way of investment merely but as a business transaction for gaining profit the appellate assistant commissioner has clearly stated that the income ..... managing director of about a dozen limited companies made large secret profits and bought shares in the name of others as benamdars .....
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