human consumption
(other than Indian made foreign liquor) Fifteen per cent.
(ii) Timber obtained under a forest lease. Fifteen percent.
(iii) Timber obtained ... forest lease Ten per cent.
(iv) Any other forest produce not being
timber Fifteen per cent.
------------------------------------------------------------------------
Provided that where the Assessing Officer, on an application
Commissioner Of Income-Tax vs Padma Timber Depot on 25 August, 1987
Equivalent citations: [1987]169ITR647(AP)
Author: B.P. Jeevan Reddy
Bench ... noticed. The petitioner carries on business in the purchase and sale of timber. For the assessment year 1976-77 for which the previous year ended
whether planks, rafters, cut sizes, etc., sawn or cut out of nascent timber, i.e, log of wood, is timber within the meaning of item ... enough to say that all the petitioners are dealers in timber. They purchase logs of wood and saw or cut them into planks, rafters
illegal cancellation of a lease d/20-3-1937; (b) value of timber illegally taken possession of by defendants 1 and 2 and made over ... lease marked as Ex. A-1 on 30-3-1937 to fell timber in certain ranges of Jeypor forests from the 1st defendant the Maharajah
Venkatasatyanarayana Timber Depot vs Commissioner Of Income Tax on 20 January, 1987
Equivalent citations: [1987]165ITR253(AP)
Author: B.P. Jeevan Reddy
Bench ... amount paid to sellers amounting to Rs. 27,379 for purchase of timber falls within the purview of the circular of CBDT
right to collect and take away beedi leaves, bamboo or standing timber, s the case may be; (2) that they be further directed ... after giving a sale notice in respect of the forest produce viz., timber, fuel, bamboo, minor forest produce, beedi leaves, tanning barks, parks mohwa
case of the petitioner that he is a jagirdar entitled to the timber in the forest for the Jagir of Pottial to an extent ... 19th Sherwar 1328 Fasil for taking necessary steps to evaluate the timber in the jagir forest so as to enable him to take possession
erect or operate a saw-mill for cutting, converting or sawing of timber without obtaining licence for such installation from the licensing authority ... maintained by every licence holder for accounting fully and properly the timber received excluding the
exempted species under transit rules in the saw-mill
Commissioner Of Income Tax vs Sri Venkateswara Timber Depot on 22 January, 1996
Equivalent citations: [1998]230ITR675(AP)
Author: Syed Shah Mohammed Quadri
Bench ... assessee. It is a firm having five partners carrying on business in timber and bamboo. There were certain cash credits in the books of account
power under sub-section (2-A) of Section 44 together with the timber/forest produce which the vehicles were carrying, on the ground that forest ... period a sum of money equivalent to the value of the illicit timber seized or double the value thereof as 'compounding
