Cit v shaw wallace

WebIn CIT v. P. Ali Kunju, M. A. Nazir Cashew Industries [1987] 166 ITR 611, the Kerala High Court referred to the amendment made in Section 36 of the Income-tax Act, 1961, by the … WebShaw Wallace & Co. Ltd., the assessee, was at the material time the holding company in respect of the following subsidiary companies holding 100% of the shares of the later : (a) Atlas Fertilisers Ltd.; (b) Bengal Distilleries Co. Ltd., and (c) Indo-Agri. Ltd.

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WebThe Ld. D.R. relied on the definition of income given in the case of CIT v. Shaw Wallace 59 IA 206 wherein the definition of income is as per following : Income...in this Act connotes a periodical monetary return 'coming in' with some sort of regularity, or expected regularity from definite sources. WebShaw Wallace & Co. Ltd. Sabyasachi Mukharji, J.:— The assessee is a company. The assessment year involved is 1963-64, and the relevant accounting year ended on December 31, 1962. The assessee-company received a net dividend of Rs. 2,29,948 from certain companies in the United Kingdom and Ceylon. inc song list https://beyondthebumpservices.com

Taxability of Lump Sum or Monthly Alimony Money …

WebIndian Kanoon - Search engine for Indian Law WebOct 1, 2024 · Posts tagged "CIT vs Shaw Wallace and Co." Home Income Tax Taxation of Alimony October 1, 2024 0 Comments Taxation of Alimony The judiciary has held that a lump-sum receipt in the form of Alimony will not be taxable in the hands of the recipient whereas monthly alimony payments will be treated as income in the hands of the ... WebThe Commissioner Of Income Tax vs Shaw, Wallace And Co. on 14 March, 1932 Wallace Brothers And Co. Ltd. vs The Commissioner Of Income-Tax on 17 February, 1948 Section 6 in The Income- Tax Act, 1995 Citedby 194 docs - [View All] C.W. Spencer vs The Income-Tax Officer on 24 April, 1956 inc staffing inc

Commissioner Of Income Tax vs Professional Information ... on 19 ...

Category:Commissioner Of Income Tax vs Professional Information ... on 19 ...

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Cit v shaw wallace

Commissioner Of Income Tax vs Professional Information ... on 19 ...

Webreference to the case of CIT, Bengal v Shaw Wallace & Co [(1932) 6 ITC 178]. (10 marks) (b) MT Overland Transport Sdn Bhd (‘the company’) is a locally incorporated company that operates a passenger bus transport business between Kuala Lumpur and Bangkok. The WebCommissioner Of Income-Tax vs Shaw Wallace & Co. Ltd. on 24 July, 1980 Take notes as you read a judgment using our Virtual Legal Assistant and get email alerts whenever a new judgment matches your query ( Query Alert Service ). Try out our Premium Member services -- Free for one month. Calcutta High Court

Cit v shaw wallace

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WebThe Commissioner Of Income Tax vs Shaw, Wallace And Co. on 14 March, 1932 The Income- Tax Act, 1995 Commissioner Of Income-Tax, ... vs Rai Bahadur Jairam Valji And ... on 7 October, 1958 Raghuvanshi Mills Ltd vs Commissioner Of ... on 3 November, 1952 Citedby 207 docs - [View All] WebMar 8, 2006 · Wallace contends that our decision in Newsome v. McCabe, 256 F.3d 747 (7th Cir.2001), allows for a “false confession” claim as a due process violation. In …

WebFeb 28, 2001 · Shaw Wallace & Co. Ltd. v. Dy. Cit Pramod Kumar, A.M. These cross-appeals are directed against the order, dated 10-12-1995, passed by the learned Commissioner (Appeals)-II, Calcutta, in the matter of assessment order under section 143(3) for the assessment year 1978-89. 2. WebRESPONDENT: STRAW BOARD MANUFACTURING CO. LTD. DATE OF JUDGMENT28/04/1989 BENCH: PATHAK, R.S. (CJ) BENCH: PATHAK, R.S. (CJ) KANIA, M.H. CITATION: 1989 AIR 1490 1989 SCR (2) 772 1989 SCC Supl. (2) 523 JT 1989 (2) 264 1989 SCALE (1)1151 CITATOR INFO : RF 1992 SC1622 (4) ACT: Income Tax Act, …

http://ctim.org.my/file/education/download/Syllabus/Revenue%20Law.pdf WebCIT v. Shaw Wallace Distilleries Ltd. (2024) 277 Taxman 145 (Karn.) (HC) S. 36 (1) (vii) : Bad debt-TDS payment-Sales promoters-Order of Tribunal allowing the claim as bad debt is affirmed. [S. 260A] Dismissing the appeal of the revenue the Court held that the debt was written off as irrevocable in accounts of assessee.

WebIn CIT, Bengal v Shaw Wallace & Co (1932) the definition of income is as follows: “….income connotes a periodical monetary return coming in with some sort of regularity, expected regularity, from defined sources.” Corporate income is an income that is derived from its ordinary running of business.

WebCIT v. Shaw Wallace Distilleries Ltd. (2024) 277 Taxman 145 (Karn.) (HC) S. 36 (1) (vii) : Bad debt-TDS payment-Sales promoters-Order of Tribunal allowing the claim as bad … in box zero on gmailin box tool boxesWebJUDGMENT Altamas Kabir J. 1. As the appeal involves a question of law, on consent of the parties the appeal itself was taken up for consideration along with the application for stay of operation of the judgment and order dated June 11, 2003, passed by the learned single judge on the writ petition filed by the appellant herein, being W. P. No. 992 of 2003 … inc startedWebIn Maharajkumar Gopal Saran Narain Singh v. CIT I.T. Act, even though the annuity did not constitute or provide a profit or gain to the assessee. After referring to the aforesaid decision of the Privy Council in the case of Shaw Wallace & Co., their Lordship observed as follows (p. 242) : "The word 'income' is not limited by the words 'profits ... in boxing a jab followed by a crossWebCIT v. Shaw Wallace Distilleries Ltd. (2024) 278 Taxman 67 (Karn.) (HC) S. 37(1) : Business expenditure-Claim not made in original return-Prior period expenses-Allowable as … in boyle\\u0027s law if the pressure increasesWebJul 29, 2003 · ALTAMAS KABIR, J. (1) AS the appeal involves a question of law, on consent of the parties the appeal itself was taken up for consideration along with the application … inc stdWebIn CIT v. Shaw Wallace and Co. , their Lordships of the Privy Council had occasion to consider the scope of the word "income" as the said term was used in the Indian I.T. Act … inc stand for in business