Skip to content

Did you mean: cit v raj?

Cit V Raja - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

Forestry

'Science and art of farming, caring for, or cultivating forests; the management of growing timber.' From any person, CIT v. Raja Benoy Kumar, AIR 1957 SC 768 (774).

In the opinion of Income Tax Officer

employed and to determine whether the income, profits and gains of the assessee could properly be deduced therefrom, CIT v. A. Krishnaswamy Mudaliar, AIR 1964 SC 1843: (1964) 7 SCR 776. (Income-tax Act, 1922, s. 13

Income

629. Prize money received by the participant in a Motor Rally is 'income' and is liable to tax, CIT v. G.R. Karthikeyan, AIR 1993 SC 1671 (1675). [Income-tax Act, 1961, s. 2(24)] The terms 'income' is elastic and … from which the assessee obtains benefit of the commodity may be deemed to give rise to income, S.S. Rajalinga Raja v. State of Madras, AIR 1967 SC 814: (1967) 1 SCR 950. It would not, however, be

Keep your definitions linked to case research

Earned surplus

the account 'earned surplus' cannot be regarded as mere unallocated profits at the end of the accounting year, CIT v. Standard Vacuum Oil Company, AIR 1966 SC 1393: (1966) 2 SCR 367. [Business Profits Tax Act, 1947, Sch.

Information

external source concerning facts or particulars, or as to law relating to a matter bearing on the assessment, CIT v. A. Raman, AIR 1968 SC 49 (51): (1968) 1 SCR 10. [Income-tax Act, 1961, s. 147(1) (b)] Information … the referee may make is nevertheless information within the purview of s. 20, Hirachand Kothari v. State of Rajasthan, AIR 1985 SC 998 (1001): (1985) Supp SCC 17. [Evidence Act, 1872, s. 20] The expression 'information' in

Business

carrying on a particular trade or avocation, it may also include an activity which may be called 'quiescent', CIT v. Calcutta National Bank Ltd., AIR 1959 SC 928 (934): 1960 SCJ 980: (1959) 37 ITR 171: (1959) Supp … manufacture adventure or concern ....... [Rajasthan Sales Tax Act, 1954, s. 2(cc)], Gopal Industries Ltd. v. State of Rajasthan, AIR 1971 SC 2054 (2057): (1971) 2 SCC 532. The expression 'business', as observed by Shah, J. speaking

Plant

338 (344): (1986) 1 SCC 11. (Income-tax Act, 1961, s. 32) Theatre building cannot be considered a plant, CIT v. Raiban & Sons, (2002) 10 SCC 381: AIR 2002 SC 443. (Income Tax Act, 1961, s. 32) The

Reserve

ordinary meaning the expression 'reserve' means something specifically kept apart for future use or for a specific occasion, CIT v. Standard Vacuum Oil Ltd., AIR 1966 SC 1393 (1401): (1966) 2 SCR 367. [Business Profits Tax Act, 1947,

Goodwill

it is generated as the business is carried on and may be augmented with the passage of time. CIT v. B.C. Srinivasa Setty, AIR 1981 SC 972: (1981) 3 SCC 460: (1981) 2 SCR 938. The goodwill of

Hindu undivided family

Chettiar (1958) 34 ITR 42: 1957 AC 540) and Gowli Buddanna v. CIT. (supra). In the case of CIT v. Rm. Are. Veerappa Chettiar, ((1970) 3 SCR 307: (1970) 76 ITR 467: (1970) 1 SCC 174) the Supreme

  • ‹ Prev
  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial