statement of the case, are these. The applicant is a forest contractor and deals in firewood and timber at Chhindwara. The period of assessment ... November, 1956. During that period, the applicant had taken forest contracts for Rs. 1,00,600. In his return, he showed a total turnover
agreed to be severed under the contract of sale. A
contract for sale of logs is doubtless a contract for sale
of goods ... contract entered into with the
Jagirdar. The contract was one relating to sale of future
goods, but it was not a contract for sale
HEADNOTE:
Pursuant to the notice dated July 22, 1960, notifying
that forest contracts will be settled by public auction, the
appellant-plaintiff attended the said ... Forest Department of the
State Government of Madhya Pradesh published in the State
Gazette a notice notifying for general information that
forest contracts of East
offence punishable under
of
Section 33 of the Indian Forest Act. The contract was frustrated
due to subsequent events and the defendants were liable ... contract for any loss which such other party may sustain
by the nonperformance of the contract."
25. Thus, when the contract consists of reciprocal
showing an income of Rs. 7,896. The assessee took forest contracts. It ran a saw-mill and also manufactured and sold furniture. It also
income of persons engaged in certain trades, like liquor and forest contracts, at a reasonably fixed percentage of the amount payable by them while purchasing ... abkari articles or in forest produce, are "fly-by-night" operators. The Administration Reports of the Excise and Forest Departments give an indication
time can be granted by the Divisional Forest Officer/Conservator of Forests Quilon/Chief Conservator of Forests for one/three/six months respectively ... revenue out of the transaction. Such a contract cannot be characterised as a contract for sale of forest produce and therefore the Act will
sweetmeat shop known as Gupta Mishthan Bhandar. They were also taking forest contracts in partnership with others. In 1964 a plot was purchased ... known as Gupta Mishthan Bhandar. They also started doing business in forest contracts in partnership with others. Out of the income from their business, they
Government of Nepal as earnest money on account of forest contracts while the balance was utilised in the business of the assessee on subsequent dates
best advantage; and for this purposes to make up forest contracts of bamboo coupes, fuel (and the like) and for procurement of minor forest produce
