have to be computed after setting off the loss of the spinning division against the profits of the asbestos division and, therefore, he had recomputed ... deduction is to be allowed only after setting off the loss of spinning division also, and thus the Assessing -Officer computed the deduction available under
December, 1997
Equivalent citations: 1998(2)ALD405
ORDER
One of the oldest Spinning Mills in the State is facing extinction. The fate of more than ... been working under the control of the A.P. Spinning Federation Lay off was declared by the Mill
held that actual payment of bonus in a given year was set off against the provision and claimed as a deduction in the income ... decision of the Supreme Court in Commissioner of Income-tax v. Century Spinning and Manufacturing Co. Ltd. , as an authority for the proposition that
statutory right conferred on a worker. As laid down in Birln Cotton Spinning & Weaving Mills Ltd. v. Employees State Insurance Corporation, New Delhi ... claim in view of the finding that they had worked on weekly off days, Sundays and holidays during the period of claim.
11. Point: Scope
mentioned, cannot be given weightage is this is set off by Ex. B. 23 the entry in Baptisation register wherein th date of birth ... documents the theory of date of birth of 15-4-1962 spinned out on behalf of the petitioner is neutralised. In view of the discrepant
Kamakshi Amman Cooperative Spinning Mills Ltd., is a genuine customer. From Mr. Thangavelu, the then Administrator of Kamakshi Amman Co-operative Spinning Mills Ltd., Kancheepuram ... declared some of the Co-operative Spinning Mills in the State, including the Kancheepuram Kamakshi Amman Co-operative Spinning Mills Ltd., Kancheepuram, as 'Relief
decision of the Supreme Court in Union of India v. Birla Cotton Spinning & Weaving Mills Ltd. , , the learned Judge of Delhi Court dismissed ... legal notice cannot be read to show that a plea of set off had been either raised by the defendant or was available
G.Rama Mohan Rao & Anr vs The Government Of Andhra Pradesh, Rep, ... on 7
Sajana Granites, Madras And Anr. vs Manduva Srinivasa Rao And Ors. on 3 August, 2001
Ghanta Infrastructures Ltd., A Company ... vs Asset Reconstruction Company (India) ... on 23 January, 2008
Equivalent
