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Documents citing Commissioner Of Income-Tax vs Ram Chand Kanshi Ram on 10 May, 1989

Commissioner Of Income Tax vs Dhampur Sugar Mills Ltd. on 25 August, 2004

The quantification or ascertainment cannot postpone its accrual to the extent of admitted liability, as held in the case of CIT v. LH. Sugar Factory & Oil Mills (P) Ltd.; CIT v. Swadeshi Mining & Mfg. Co. Ltd. (1978) 112 ITR 276 (Cal); CIT v. Swadeshi Mining & Mfg. Co. Ltd. (1979) 118 ITR 975 (Cal); CIT v. Shri Sarvaraya Sugars Ltd. (1987) 163 ITR 429 (AP); CIT v. Aggarwal Rice & General Mills (1989) 180 ITR 29 (P&H); CIT v. Ram Chand Kanshi Ram (1989) 180 ITR 114 (P&H).
Allahabad High Court Cites 29 - Cited by 0 - R K Agrawal - Full Document

Commissioner Of Income-Tax vs Kanpur Textiles Ltd. on 31 August, 2004

The quantification or ascertainment cannot postpone its accrual to the extent of admitted liability, as held in the case of CIT v. L.H. Sugar Factory and Oil Mills P. Ltd. CIT v. Swadeshi Mining and Manufacturing Co. Ltd. [1978] 112 ITR 276 (Cal); CIT v. Swadeshi Mining and Manufacturing Co. Ltd. [1979] 118 ITR 975 (Cal) ; CIT v. Shri Sarvaraya Sugars Ltd. [1987] 163 ITR 429 (AP) ; CIT v. Aggarwal Rice and General Mills [1989] 180 ITR 29, 31 (P&H); CIT v. Ram Chand Kanshi Ram [1989] 180 ITR 114, 166 (P&H).
Allahabad High Court Cites 58 - Cited by 1 - R K Agrawal - Full Document

Commissioner Of Income Tax vs Chandigarh Industrial And General ... on 1 November, 2007

12. In all fairness to the learned Counsel for the Revenue, we make a reference to the decisions relied upon by him viz. State Bank of Travancore v. CIT , Bison Field A Estate v. IAC and Ors. and CIT v. Ram Chand Kanshi Ram . In the aforesaid judgments, it has been held that under the mercantile system of accountancy, it is the income which accrues or arises to an assessee which is liable to income-tax. The said principle is well recognized. However, as observed earlier, in the present case the right to receive premium accrues or arises in favour of the assessee on yearly basis till the payment of the final instalment is made and, therefore, the aforesaid decisions do not advance the case of the Revenue.
Punjab-Haryana High Court Cites 9 - Cited by 4 - A K Mittal - Full Document
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