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Puthutotam Estates (1943) Ltd. vs Agricutural Income-Tax Officer. on 15 April, 1960

The judgment of Rajgopalan J. was reversed on appeal in Puthuthottam Estates (1943) Ltd., v. Agricultural Income-Tax Officer(1). Rajamannar C.J., and Jagadisan J. held that, if the sale took place after 1st April 1954, tax was payable no matter if the produce was of an earlier year but if the sale took place earlier than that date, tax would not be payable even if the price was realized later. In the Kerala High Court distinction was made between entries under cash and mercantile systems of bookkeeping.
Madras High Court Cites 15 - Cited by 7 - Full Document

Puthuthottam Estates (1943) Limited vs Agricultural Income-Tax Officer, ... on 6 August, 1957

In Puthuthottam Estates (1943) Limited v. Agricultural Income-Tax Officer, Coimbatore,(1) Rajagopalan J. held that there was nothing in the Madras Plantations Agricultural Income-tax Act or the Rules thereunder, which exempted produce gathered earlier than 1st April, 1954 from taxation if payment was received in any previous year relevant to an assessment year under the Madras Plantations Agricultural Income-tax Act.
Madras High Court Cites 10 - Cited by 2 - Full Document
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