Quantification - Year 1971 - Judgments

Sep 22 1971 (SC)

State of Madhya Pradesh and ors. Vs. Shyama Charan Shukla

Court: Supreme Court of India

Decided on: Sep-22-1971

Reported in: (1972)4SCC371; [1972]1SCR861; [1972]29STC215(SC)

..... lead to the result that where there has been no quantification or assessment order the position would be wholly uncertain and ..... liability which comes into existence cannot be enforced till the quantification is effected by assessment proceedings the liability for payment of ..... tax and that does not depend on assessment proceedings or quantification of the amount we do not consider that the amounts .....

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Sep 22 1971 (SC)

State of Madhya Pradesh and ors. Vs. Shyama Charan ShuklA.

Court: Supreme Court of India

Decided on: Sep-22-1971

Reported in: (1974)3CTR(SC)126

..... lead to the result that where there has been no quantification or assessment order the position would be wholly uncertain and ..... liability which comes into existence cannot be enforced till the quantification is effected by assessment proceedings the liability for payment of ..... tax and that does not depend on assessment proceedings or quantification of the amount we do not consider that the amounts .....

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Dec 09 1971 (HC)

Commissioner of Income Tax, Delhi Vs. K.L. Bagga

Court: Delhi

Decided on: Dec-09-1971

Reported in: ILR1972Delhi767; [1973]92ITR578(Delhi)

..... the income tax officer finally arrives at the result so long as there is no quantification it is not possible for the income tax officer lo ascertain as to whether the ..... he has to record a satisfaction that the case attracts penalty it is for the quantifications of penalty that a reference has to be made to the inspecting assistant commissioner under .....

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Dec 23 1971 (HC)

Commissioner of Income-tax Vs. Hind Lamps Ltd.

Court: Allahabad

Decided on: Dec-23-1971

Reported in: [1973]90ITR487(All)

..... before the tribunal one gathers that the provision was made for taxation in anticipation of quantification of the tax liability it was a provision and not a reserve it was provision ..... current liability the liability having already accrued when the income was earned and awaited merely quantification by assessment it was not a reserve because it was designed to meet a liability .....

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Feb 26 1971 (HC)

Commissioner of Income-tax Vs. Janki Sugar Mills Co. Ltd.

Court: Allahabad

Decided on: Feb-26-1971

Reported in: [1972]84ITR348(All)

..... the rate of 0 08 paise per maund the liability being ascertained and capable of quantification the assessee claimed that it was entitled to a deduction of the amount in the ..... the provisions of the schedule it is apparent that the liability is easily capable of quantification there appears to be some confusion in the orders of the income tax officer and .....

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Dec 16 1971 (HC)

Jwala Prasad Vs. Board of Revenue, M.P., Gwalior and ors.

Court: Madhya Pradesh

Decided on: Dec-16-1971

Reported in: AIR1972MP111; 1972MPLJ381

..... right is then unaffected and preserved it will be preserved even if a process of quantification is necessary but there is a manifest distinction between an investigation in respect of a .....

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Aug 17 1971 (SC)

The Kedarnath Jute Mfg. Co. Ltd. Vs. the Commissioner of Income Tax, ( ...

Court: Supreme Court of India

Decided on: Aug-17-1971

Reported in: AIR1971SC2145; [1971]82ITR363(SC); (1972)3SCC252; [1972]1SCR277; [1971]28STC672(SC)

..... the tax arises and taxability is attracted although that liability cannot be enforced till the quantification is effected by assessment proceedings the liability for payment of tax is independent of the .....

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Jul 15 1971 (HC)

Mahendrakumar Ishwarlal and Co. and ors. Vs. Union of India (Uoi) and ...

Court: Chennai

Decided on: Jul-15-1971

Reported in: [1973]91ITR101(Mad)

..... interest payable invariably the tax liability in one sense is increased by such a deemed quantification of income the argument however proceeds that the classification introduced by the proviso in treating .....

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Apr 27 1971 (HC)

The Managment, South Arcot District Co-operative Motor Transport Socie ...

Court: Chennai

Decided on: Apr-27-1971

Reported in: (1972)1MLJ442

..... court had no jurisdiction to entertain an application under section 33 c 2 for the quantification of the alleged monetary benefit or in any event did not have such jurisdiction to .....

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Feb 12 1971 (HC)

Commissioner of Income-tax, U. P. Vs. Burhwal Sugar Mills Co. Ltd.

Court: Allahabad

Decided on: Feb-12-1971

Reported in: [1971]82ITR784(All)

..... that is so even though the liability is capable of estimate only and its actual quantification has to be postponed reference may be made to the decision of the supreme court .....

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