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Judgment Search Results Home > Cases Phrase: income tax act Court: rajasthan Year: 1965 Page 1 of about 5 results (0.019 seconds)

Nov 10 1965 (HC)

Lakshmi NaraIn Lath Trust Vs. Commissioner of Income-tax

Court : Rajasthan

Decided on : Nov-10-1965

Reported in : [1969]73ITR402(Raj)

..... the bar is whether the purposes for which the assessee stands incorporated are objects of general public utility, within the meaning of the expression ' charitable purposes in section 4(3)income tax act, 1961~^.' '13. he contended that the assessee in the present case satisfied both the conditions. in other words, property was held under trust and it was so held wholly or ..... in the following terms :'whether, on the facts and in the circumstances of the case, the income from the trust in question was exempt from income-tax under section 4(3)(i) of the indian income-tax act '2. the assessee was taxed as an association of persons and the assessmentcovered four assessment years, namely, 1954-55, 1955-56, 1956-57 and1957-53 ..... , and the trust would not be eligible to the exemption contemplated by section 4(3)(i) of the income-tax act, 1922. it would also follow that any donation made to such a trust is not entitled to exemption from tax under section 15b of the act.'23. we find ourselves in agreement with this view.24. we have been mindful of the fact that ..... 1. we have before us a reference made by the income-tax appellate tribunal (delhi bench ' b ') under section 66(1) of the indian income-tax act, hereinafter to be referred as the 'act', which was made at the instance of the assessee, messrs. laxnu narain lath trust, mandrella,jhunjhun, hereinafter to be referred as the 'assessee'. the question formulated by the tribunal was .....

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Nov 10 1965 (HC)

Laxmi NaraIn Lath Trust Vs. the Commissioner of Income-tax

Court : Rajasthan

Decided on : Nov-10-1965

Reported in : AIR1966Raj154

..... tribunal was in the following terms :'whether on the facts and in the circumstances of the case, the income from the trust in question was exempt from income-tax under section 4 (3) (i) of the indian income-tax act?'2. the assessee was taxed as an association of persons and the assessment covered four assessment years namely, 1954-55, 1955-56, 1956-57 and ..... , and the trust would not be eligible to the exemption contemplated by section 4 (3) (i) of the income-tax act, 1922. it would also follow that any donation made to such a trust is not entitled to exemption from tax under section 15b of the act.' we find ourselves in agreement with this view.21. we are mindful of the fact that for all ..... kan singh, j.1. we have before us a reference made by the income-tax appellate tribunal (delhi branch 'b') under section 68(1) of the indian income-tax act, 1922 hereinafter to be referred as the 'act', which was so made at the instance of the assessee messrs. laxmi narain lath trust, mandrella, jhunjhunu, hereinafter to be referred as the 'assessee'. the question formulated by the ..... time being available shall be applied.'4. when the trustees filed their returns for the income of the trust properties they claimed that the income of the aforesaid trust should not be brought to tax as the said income was exempt under section 4 (3) (i) of the act. the income-tax officer, b-ward, jaipur, however, did not accept this plea. he observed that, as the .....

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Apr 20 1965 (HC)

Jaipur Udhyog Ltd. and Another Vs. Commissioner of Income-tax, Delhi a ...

Court : Rajasthan

Decided on : Apr-20-1965

Reported in : [1965]58ITR118(Raj)

..... us three writ petitions under article 226 of the constitution questioning the validity of certain provisional assessments made under section 141 of the income-tax act, 1961, hereinafter to be referred as the 'act', and as common questions of law are involved in them they can conveniently be disposed of together. as there is no dispute ..... of carry-forward losses of previous years merely because they have shown such losses in the returns. it cannot be said that the income-tax officer is not acting on the basis of the return, the accounts and documents accompanying it for the purposes of making the provisional assessments merely because he ..... evidence and other relevant information bearing on the return. it is with a view to avoiding delay that while making provisional assessments the income-tax officer is to act in a summary manner without the necessity of being satisfied about the correctness of the return. since the procedure is a summary one ..... , it may be observed that we are quite unable to accept the submission made by the learned counsel for the department that the income-tax officer had acted out of generosity and contrary to the provisions of law in allowing the losses for the years 1959-60, 1960-61 and 1961- ..... carry-forward loss of rs. 39,89,731. relying on the plain language of section 141 of the act, it is submitted that the income-tax officer was duty bound to compute the tax on basis of the figures given in the return and he had no jurisdiction to travel beyond the return .....

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Jul 22 1965 (HC)

S. Ghosh and ors. Vs. Dulia and ors.

Court : Rajasthan

Decided on : Jul-22-1965

Reported in : AIR1967Raj145; (1969)ILLJ194Raj

..... to, and for repayment of advance from, any provident fund to which the provident funds act, 1925 (xix of 1925), applies or any recognised provident fund as defined in section 58-a of the indian income tax act 1922 (xi of 1922) or any provident fund approved in this behalf by the state ..... materials, required for the purposes of employment. (f) deductions for, recovery of advances or for adjustment of over-payments of wages (g) deduction of income-tax payable by the employed person; (h) deductions required to be made by order of a court or other authority competent to make such order; (i ..... 1962-1 lab lj 203: (air 1963 sc 439), which was cited by the learned counsel for the petitioner 'prior to the passing of the act, conditions of employment obtaining in several industrial establishments were governed by contracts between the employer and their employees. sometimes the said conditions were reduced to ..... person employed for payment of any premium on his life insurance policy to the life insurance corporation of india established under the life insurance corporation act, 1956, or for the purchase of securities of the government of india or of any state government or for being deposited in any ..... government by notification in the official gazette. 2. deductions from the wages of an employed person shall be made only in accordance with the provisions of this act, and may be of the following kinds only, namely,-- (a) fines; (b) deductions for absence from duty; (c) deductions, for damage .....

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May 14 1965 (HC)

Sureshchandra and ors. Vs. Birdichand and ors.

Court : Rajasthan

Decided on : May-14-1965

Reported in : AIR1965Raj229

..... permits and the date on which they are to take effect. in interpreting the words used in section 57 of the motor vehicles act the learned judge followed commr. of income-tax v. ekbal & co., air 1945 bom 316 and we may quote the relevant observations made in that case hereunder. learned counsel ..... to vacate certain premises 'within thirty days' was given and a question arose whether this fulfilled the requirements of section 106 of the transfer of property act. the argument before the learned judge was that the words 'within thirty days' meant 'less than thirty days'. the learned judge negatived the suggestion ..... meant the same thing. the observations made by their lordships were as follows:'this argument proceeds on an interpretation of section 10 of the general clauses act which, in our opinion, is erroneous. broadly stated, the object of the section is, to enable a person to do what he could have ..... ilr (1956) 6 raj 1044: (air 1957 raj 388) is thus of no help in considering the provisions of section 14(2) of the act which are materially different from the provisions that fell for consideration in that case. in ramakrishna's case, 1964 raj lw 121 in construing the notification issued ..... obviously deals only with the first category of cases and not with the second category of cases. in the present case section 14(2) of the act is designed to provide a period within which objections could be filed against the proposal for delimitation of wards. consequently it is permissible to file the .....

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