Judgment Search Results Home > Cases Phrase: state agricultural credit corporations act 1968 section 28 recovery of moneys due to the corporation Court: guwahati Page 1 of about 2 results (0.244 seconds)

Assam Seeds Corporation Limited Vs. Commissioner of Taxes and ors.

Court : Guwahati

..... in course of its business it purchases various seeds from the registered growers or from various corporations like west bengal seeds corporation, national seeds corporation, state firm corporation of india, etc. the petitioner-corporation makes entire sales to the agricultural department of the state government under various schemes.5. section 9(1) of 'the act 1993' provides ..... dictionary, as any kind of grain used as food and for 'pulses' as 'edible seeds, peas, beans, lentils, etc.'. according to the state the petitioner/corporation, deals in 'seeds' which is meant for the purposes of germination, leading to reproduction through cultivation and not for the purpose of use as ..... this case, the two meanings of 'timber', the legal and the popular, coalesce and are broadly subsumed in each other.29. in state of rajasthan v. rajasthan agricultural input dealers association : air1996sc2179 , the honourable supreme court has observed as below:it is undoubtedly true that foodgrains per se could be .....

income Tax Officer Vs. Satyanarayan Pareek

Court : Guwahati

..... and not a single discrepancy was noted therein. it was further contended that these registers were regularly checked by different authorities namely superintendent of taxes, assam state agricultural marketing board and the director of food and civil supplies. further these registers were duly checked and signed by various officials of these organisations and no adverse ..... record by the assessing officer except the disparity in consumption of electric power. the honble kerala high court in the case of st. teresas oil mills v. state of kerala : [1970]76itr365(ker) , held that the mere fact that there was disparity in the consumption of electricity would not justify the rejection of ..... per quintal of paddy milled from month to month indicate that quantity of milling shown in the books of accounts month-wise, does not reflect the true state of affairs of the assessees business. the assessing officer, therefore, invoked the provision of section 145 of the income tax act, 1961, and rejected the .....

Jitendra Lal Roy Vs. M/s. Derby Tea and Industries and Others

Court : Guwahati

..... were not agriculturists. the learned lower appellate court also observed that the defendants were not agriculturists and there is also no evidence that they held the land for agricultural purpose through hired labourers. 26. though the pleaded case of the plaintiff was that the defendants are traders and doing various businesses and have a shop and ..... plaintiffs, and more so, in view of presumption attached under section 58 of the tenancy act, to prove that defendants were not agriculturists. dw-3, in his evidence, had stated that defendants are agriculturists and he himself does cultivation along with ..... the suit land. though he stated that defendant no.1 has a shop, he did not produce any documentary evidence relating to shop. it is also not mentioned what kind of a shop the defendant no.1 has. it came out from his evidence that within the tea estate there are agricultural lands. it is for the .....

Assam Roller Flour Mills Association and ors. Vs. State of Assam and o ...

Court : Guwahati

..... and the rules is indispensable.82. the constitution of the state agricultural marketing board (also referred to as the 'board'), is provided by section 3 of the act. it is constituted of a chairman and 17 other members to be nominated by state government. it is a body corporate having perpetual succession and a common seal with the power, ..... benefit of the service. it was also underlined that for a levy to be a fee the realization need not be credited to a separate fund and not to the consolidated fund of the state or to be separately appropriated towards the expenditure for rendering the service. the plea taken on behalf of the traders against ..... to be defrayed out of the market development fund or market committee fund depending on the account in which it had been credited.the various provisions of the act demonstrate in unequivocal terms that the state government, the board and the market committee(s) for the respective market area have been assigned roles complementary to each otherso .....

Assam Roller Flour Mills Association and anr. Vs. Union of India (Uoi) ...

Court : Guwahati

..... matters specified in various clauses of sub-section (2) of section. 3 in relation to foodstuffs subject to certain conditions thereunder. that notification reads as follows: ministry of agriculture and irrigation (department of food) order new delhi, june 9, 1978gsr 800. -- in exercise of the powers conferred by section 5 of the essential commodities act, ..... of one year and its continuation will be reviewed on the basis of its performance.3. the state government/uts shall send monthly statement to the undersigned, the local office of the food corporation of india and the food corporation of india (head quarters) in the pro forma attached.4. the procedure laid down may be ..... have to be sold in the open market, to avoid wastage etc; the differentia between the controlled price and price fetched in the open market should be credited to the central government.iv) the receipts from the sale of wholemeal or the resultant atta or other products produced during the course of manufacture of maida .....

J. Deep Chemicals and Fertilizers Vs. State of Tripura and ors.

Court : Guwahati

..... . union of india and ors.) it has been observed by the supreme court in paragraph 160 as follows:160. in assamhrook exports ltd. v. export credit guarantee corporation of india ltd. it has been held that public law remedy would be available when determination of a dispute, involving public law character is necessary. the ..... they have submitted before the learned single judge by producing an agreement dated 28.12.1999 already entered into between the writ petitioner and the director of agriculture, state of tripura. however, for the reasons best known to the writ petitioner the existence of the written agreement was not disclosed in the writ petition. ..... orders or proceedings are wholly without jurisdiction or the vires of an act is challenged. see : whirlpool corporation v. registrar of trade marks : air1999sc22 .10.2. in : (2004)3scc553 (abl international ltd. and anr. v. export credit guarantee corporation of india ltd. and ors.), the supreme court has held that in an appropriate case, the .....

Sri. Jogendra Nama and ors. Vs. Union of India (Uoi) and ors.

Court : Guwahati

..... will have to sign the identification certificate with his seal. scheme : schemes approved by the drda/ffda/nabard/dic/sc/st/ corporation/kvic and other development departments of the state government. ceiling of loan amt. : loans under this programme to an individual will not exceed rs. 5,000/- for proposals not ..... reserves.15. ordinary banking business, accordingto sayers, consists of changing cash for bank deposits and bank deposits for cash;transferring bank deposits from one personor corporation to another; granting of loans; giving bank deposits in exchange for bills of exchange, etc. the commercial banks are to maintain liquidity. liquidity generally ..... 18. in the welfare state of ours it is natural for the commercial banks to be informed of the social needs. rural credit is one of the main concerns of the reserve bank of india. indian economy being still predominantly agricultural, rural credit is considered to be important for agricultural economic development of the country .....

Shankar Narayana Construction Vs. First Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Guwahati

Reported in : (1991)36ITD431(Gau.)

..... capital gains from sale of trees while making the assessments in these years was as such erroneous and prejudicial to the revenue. in respect of assessment of agricultural income and credit for the t.d.s. has been accepted by the assessee. the commissioner, however, observed that the certificates produced will have to be verified and ..... mentioned that the firm carried on the business in manufacture and sale of tiles and was mainly engaged in the execution of contracts given by the karnataka power corporation. he noted that the main work related to embankment and concretes. the assessee inter alia claimed investment allowance which was disposed of separately by the ito, ..... considering the non-existent income under the head 'capital gains'. as far as the omission of income from coconut garden, the commissioner noted that the assessee had stated that it had no objection to the assessment thereof but in respect of the allocation of loss amongst the partners, it was urged that there was no error .....

Assam Co-operative Apex Bank Ltd. Vs. Commissioner of Income-tax, Assa ...

Court : Guwahati

..... carried on by it, if it is -(a) a society engaged in carrying on business of banking or providing credit facilities to its members; or(b) a society engaged in a cottage industry; or(c) a society engaged in the marketing of the agricultural produce of its members; or(d) a society engaged in the purchase of ..... . - for the purposes of this section, "an urban consumers co-operative society" means a society for the benefit of the consumers within the limits of a municipal corporation, municipality, municipal committee, notified area committee, town area or cantonment."the petitioners case, in brief, is that the securities in question are trading assets and part of ..... aforesaid provision of the act.our attention has been drawn by mr. k. roy, the learned counsel appearing for the petitioner, to commissioner of income-tax v. bombay state co-operative bank ltd. : [1968]70itr86(sc) , in support of his submission that the securities are part of the petitioners circulating capital. in that case, their .....

Assam Co-operative Apex Bank Ltd. Vs. Commissioner of Income-tax and a ...

Court : Guwahati

..... on by it, if it is-- (a) a society engaged in carrying on the business of banking or providing credit facilities to its members ; or (b) a society engaged in a cottage industry; or (c) a society engaged in the marketing of the agricultural produce of its members; or (d) a society engaged in the purchase of ..... explanation.--for the purposes of this section, 'an urban consumers' co-operative society' means a society for the benefit of the consumers within the limits of a municipal corporation, municipality, municipal committee, notified area committee, town area or cantonment '7. the petitioner's case, in brief, is that the securities in question are its trading assets ..... provision of the act. 12. our attention has been drawn by mr. k. roy, the learned counsel appearing for the petitioner, to commissioner of income-tax v. bombay state co-operative bank ltd. : [1968]70itr86(sc) , in support of his submission that the securities are part of the petitioner's circulating capital. in that case, .....